New Delhi March 12 : Top officials of the Pakistan government are in panic mode after the United Arab Emirates (UAE) has demanded its one billion dollars back.
The one billion dollars are deposited with the State Bank of Pakistan (SBP), the central bank of the country. The deadline to return back $1 billion is March 12. The money has been demanded as the amount has reached its maturity.
Meanwhile, multiple attempts have been made to reach out to UAE, especially to Crown Prince by top Pakistani officials. There hasn’t been any response so far.
Pakistan has pleaded UAE that returning such a huge amount can impact its economic situation at present.