Overview
- Saudi Arabia deposited $2 billion into Pakistan's central bank to bolster foreign exchange reserves.
- The United Arab Emirates provided $1 billion in financial support to Pakistan's central bank.
- The IMF bailout aims to stabilize Pakistan's economy and address fiscal and external deficits.
- The financial assistance from allies allowed Pakistan to unlock the IMF bailout and avoid default.
- The IMF bailout will help Pakistan implement economic reforms and attract further financing.