On July 12, 2023, Pakistan received a much-needed inflow of $1 billion from:

A. UAE
B. Saudi Arabia
C. China
D. USA

Answer

Correct Answer: A. UAE


Detail About MCQs

Pakistan received a much-needed inflow of $1 billion from the United Arab Emirates on July 12, 2023, hours before the formal approval of the $3 billion nine-month Stand-By Arrangement by the executive board of the International Monetary Fund. The UAE, our brotherly country and friend has deposited $1bn into the State Bank of Pakistan`s account,` Finance Minister Ishq Dar announced in a video message saying that the funds would boost the country`s declining foreign exchange reserves.

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