Islamabad: Pakistan's cash-strapped economy is one step closer to unlocking the key IMF bailout after Finance Minister Ishaq Dar said on Friday that the UAE has authorised USD 1 billion in financial support.
In the midst of a severe economic crisis, Pakistan is waiting for the International Monetary Fund (IMF) in Washington, DC, to release the second installment of a USD 6.5 billion rescue package approved in 2019.