Pakistan, April 24 -- State Bank of Pakistan has completed the full repayment of $3.45 billion owed to the United Arab Emirates after making a final payment of $1 billion to the Abu Dhabi Fund for Development. Officials described the settlement as a major financial milestone that concludes Pakistan's outstanding deposits and loan obligations to the Gulf country.
According to central bank officials, the repayment process included a large transfer of $2.45 billion made earlier, which significantly reduced the outstanding balance before the final instalment was completed. With the latest $1 billion payment, Pakistan has now fully cleared all deposits and loans previously extended by the United Arab Emirates to support the country's financia...
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