Pakistan is set to secure around $6 billion over the next three years in a bailout from the International Monetary Fund (IMF).
It's the 13th bailout since the late 1980s that the country has received from the IMF.
"Pakistan is facing a challenging economic environment, with lackluster growth, elevated inflation, high indebtedness, and a weak external position," IMF representative Ernesto Ramirez Rigo said.
The funding still needs approval from the IMF's management.
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The United Arab Emirates is participating in the 56th Annual Meeting of the World Economic Forum 2026, taking place in Davos, Switzerland from January 19-23, with a high-level delegation led by H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority.
UAE-Cameroon Trade and Investment Day explores new partnership opportunities
Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, led a high-level government and business delegation to Yaoundé, Cameroon, where he extended the greetings of the UAE’s leadership to Cameroon’s Prime Minister Joseph Dion Ngute.
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