The State Bank of Pakistan (SBP) has confirmed that Pakistan has successfully completed the repayment of a $3.45 billion loan to the United Arab Emirates. This repayment was finalized with a last installment of $1 billion, marking a significant financial milestone for the country.
This move comes as part of Pakistan's broader strategy to manage its external debt and stabilize its economy amid ongoing challenges. The central bank's confirmation underscores the importance of maintaining strong financial relations with key partners like the UAE.