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UAE postpones dollar 2 billion loan repayment to Pakistan

UAE delays repayment of dollar 2 billion debt to Pakistan

The United Arab Emirates has postponed the repayment of Pakistan’s Arab 2 billion loan for a year.

The UAE had given the loan to Pakistan 3 years ago for 3 years and Pakistan had to repay the loan to UAE in March.

China has already deferred a loan of Arab 4.38 billion.

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