Islamabad: Pakistan has received five hundred million dollars from Asian Infrastructure Investment Bank (AIIB).
Govt of Pakistan has today received US$ 500 million from Asian Infrastructure Investment Bank (AIIB). The funds are deposited with SBP and will augment our reserves. @AIIB_Official @StateBank_Pak @MIshaqDar50
— Ministry of Finance (@FinMinistryPak) November 29, 2022
In a tweet, the Ministry of Finance said the funds are deposited with State Bank of Pakistan and will augment our reserves.
Finance Minister Ishaq Dar also apprised the receiving of the loan in his tweet on twitter.
Asian Infrastructure Investment Bank (AIIB) has transferred today, as per their Board’s approval, to State Bank of Pakistan/Government of Pakistan
— Ishaq Dar (@MIshaqDar50) November 29, 2022
US $ 500 million as program financing.
A few days ago the (AIIB) board had approved the loan for Pakistan.
