ISLAMABAD: Pakistan has made the decision to settle its debt with the United Arab Emirates.
Reliable sources reveal that Pakistan will transfer $200 million to Abu Dhabi by the end of this month. This sum was previously kept in a secure account in Pakistan as a deposit.
As per the Ministry of Finance, Pakistan was incurring interest at a rate of 6% on this amount.
It is also noted that the UAE had been renewing this loan annually, with the latest rollover happening in December 2025 for one month, and subsequently for two months.
In light of the current global circumstances, the UAE requested the prompt repayment of the borrowed funds.
