Sheikh Mohammed bin Zayed Al-Nahian, Crown Prince of the United Arab Emirates, will arrive in Pakistan for talks on economic assistance.
According to some reports, the UAE intends to provide the Pakistani side with a loan of $ 6.2 billion. The first part of the material assistance of $ 3 billion will go to the accounts of the State Bank of Pakistan, and the other — in the form of supply of oil products by installments, reports the media.
Earlier, media wrote that the authorities of the capital of the United Arab Emirates allocated economic aid in the amount of 18.3 billion United Arab Emirates dirhams ($ 5 billion) to their citizens in honor of the 47th anniversary of the country’s founding. Help is to issue loans for the purchase of house, finished houses and land for construction. The gift will be able to use more than 12 thousand people.