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AMF, SBP sign MoU to facilitate cross-border remittances between Arab region and Pakistan

ABU DHABI, 3rd November, 2023 (WAM) — The Arab Monetary Fund (AMF) announced today that it has signed a Memorandum of Understanding (MoU) with the State Bank of Pakistan (SBP) to establish a framework for cooperation between the “Buna”, the cross-border payment system operated by Arab Regional Payments Clearing a