KARACHI: The Agreement for the placement of the second tranche of $2.0 billion by Abu Dhabi Fund for Development (ADFD) with the State Bank of Pakistan (SBP) has been signed between the SBP and the ADFD. These funds are expected to be received shortly by SBP.
It may be recalled that the first tranche of US$ 1.0 billion has already been received by SBP in January 2019.