Deposit Agreement between SBP and Abu Dhabi Fund

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.

Tagged , , , . Bookmark the permalink.

Comments are closed.