ISLAMABAD: Pakistan and the United Arab Emirates (UAE) have finalised the terms and conditions of a support package of about $6.2 billion expected to be announced by Crown Prince Sheikh Mohammed bin Zayed Al Nahyan during his visit to the country starting on Sunday (Jan 6) to help Islamabad address its balance of payments challenge. The package involves $3.2bn worth of oil supplies on deferred payment, besides a $3bn cash deposit, a cabinet member told Dawn. He said the UAE’s package was exactly of the same size and terms and conditions as…
Read More