Amid a severe economic crunch, foreign exchange reserves held by the State Bank of Pakistan (SBP) reduced to just USD 4.5 billion and left with an import cover of only under a month, sources told Geo News on Saturday.
Shehbaz Sharif would fly to the UAE on Tuesday along with his Foreign Minister Bilawal Bhutto Zardari where they are expected to be joined by Army Chief General Syed Asim Munir, who is already on a trip to the middle east, sources confirmed to The Express Tribune newspaper on Sunday.
ISLAMABAD [Pakistan], Jan 8: Amid a severe economic crunch, foreign exchange reserves held by the State Bank of Pakistan (SBP) reduced to just USD 4.5 billion and left with an import cover of only under a month, sources told Geo News on Saturday. The slump comes after the repayment of loans worth USD 1.2 billion to United Arab Emirates (UAE) banks. According to sources, the development left Pakistan with an import cover of only under a month, as the country […]
Get latest articles and stories on World at LatestLY. Shehbaz Sharif would fly to the UAE on Tuesday along with his Foreign Minister Bilawal Bhutto Zardari where they are expected to be joined by Army Chief General Syed Asim Munir, who is already on a trip to the middle east, sources confirmed to The Express Tribune newspaper on Sunday. World News | Pakistan PM to Visit UAE Amid Severe Economic Crunch.
Pakistan PM to visit UAE amid severe economic crunch northernirelandnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northernirelandnews.com Daily Mail and Mail on Sunday newspapers.