ISLAMABAD: Pakistan has decided to repay the $2 billion loan it received from the United Arab Emirates, according to government sources.
The decision comes as the country tries to manage its external debt and improve its financial position amid rising economic challenges.
However, Pakistan’s total external debt has remained a major concern for policymakers. The government has been working on multiple fronts to improve the balance of payments and rebuild reserves.
Overall, this development comes at a time when the country is also facing pressure from rising fuel prices and a widening trade deficit caused by the ongoing conflict in the Middle East.
