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Al Jazeera
Al Jazeera
Abid Hussain

UAE tells IMF it will support Pakistan with $1bn, says minister

Pakistan's finance minister Ishaq Dar [File: Mian Khurshee/Reuters]

Islamabad, Pakistan – Pakistan’s finance minister says the United Arab Emirates (UAE) has informed the International Monetary Fund (IMF) that it will provide financial support of $1bn to the crisis-hit South Asian country.

Ishaq Dar on Friday took to Twitter to make the announcement which could pave the way for Islamabad to secure a crucial bailout package from the global lender to tackle an economic meltdown.

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