business / news / / Lokmat Times
Pakistan's fragile economic footing has come into sharp focus amid shifting geopolitical and financial dynamics.
The UAE unexpectedly withdrew $3.5 billion in deposits, immediately straining Pakistan's foreign reserves.
KEY POINTS
- The UAE had previously assured the IMF it would maintain financial exposure to Pakistan until 2027.
- Saudi Arabia provided a $3 billion deposit but will not roll over its earlier $5 billion on old terms.
- Pakistan's first current account surplus in over a decade was driven by strict import controls, not exports.
COMPANIES
Summarized by Newsio from Lokmat Times. How we summarize →