Bankrupt Pak's Loan Economy: UAE extends $3 billion aid to cash-strapped ally I Details

Cash-strapped Pakistan has received fresh financial assistance from 'ally' UAE. Abu Dhabi has pledged a $1 billion loan to the country and also agreed to roll over an existing loan of $2 billion as the country grapples with the economic crisis. This comes after Pak PM held talks with UAE president Sheikh Mohamed bin Zayed Al Nahyan on Thursday on his third visit to the Gulf country after taking office last April. #Pakistan #Pakeconomy #ShehbazSharif #Risingcostofliving #cashstrapped #debtridden #loandependent #pakistan #imf #worldbank #pakfloods #financialassistance #uae Hindustan Times Videos bring you news, views and explainers about current issues in India and across the globe. We’re always excited to report the news as quickly as possible, use new technological tools to reach you better and tell stories with a 360 degree view to give you a better understanding of the world around you.