Pakistan and the United Arab Emirates have signed a USD 3 billion bailout package to support the cash-strapped country even as its Prime Minister Imran Khan sought financial assistance from Qatar, media reports said.

According to the bailout agreement, signed in a ceremony in Abu Dhabi on Tuesday, the UAE will deposit USD 3 billion in the State Bank of Pakistan to support the country's financial and monetary policy, Geo News reported. The amount will be paid to Pakistan in three instalments. "UAE has formalized $3 billion deposit in the State Bank of Pakistan.