Economics

Pakistan Says It Will Get $2 Billion U.A.E. Loan Soon

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Pakistan will soon get a $2 billion loan from the United Arab Emirates as part of a packageBloomberg Terminal that will help boost its dwindling finances.

The South Asian nation already receivedBloomberg Terminal $1 billion in January in the first tranche of a $3 billion agreement between the Abu Dhabi Fund for Development and the State Bank of Pakistan, according to a statement released Saturday.