Pakistan receives US$ 500 from AIIB

Islamabad

ISLAMABAD:The government of Pakistan on Tuesday received US$ 500 million from Asian Infrastructure Investment Bank (AIIB), the finance ministry tweeted here.

The funds are deposited with the State Bank of Pakistan (SBP) it said adding these would augment the country’s reserves.

“Government of Pakistan has today received US$ 500 million from Asian Infrastructure Investment Bank (AIIB). The funds are deposited with SBP and will augment our reserves,” the ministry tweeted.