Pakistan Foreign Exchange Reserves witness $1 billion growth

Pakistan Foreign Exchange Reserves witness $1 billion growth
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ISLAMABAD - Pakistan Foreign Exchange Reserves witness $1 billion growth.

Advisor to Finance Ministry, Dr Khaqan Najeeb Tuesday said Pakistan had received $1 billion from United Arab Emirates (UAE) which would further improve its balance of payment situation.

He said the payment would also help improving the foreign exchange reserves of the country, a press statement said.

He said it was due to effective policies of the government that country’s balance of payment situation was improving.

Economy