Pakistan is set to draw in $5.6 billion in additional financing, Bloomberg News reported onFriday.

The new funding will include $3.7 billion of commitments from bilateral partners including Saudi Arabia and the United Arab Emirates, Nathan Porter, the IMF’s mission chief forPakistan, Bloomberg News reported.

On Wednesday, Pakistan’s central bank received $1.2 billion from the International Monetary Fund as the first tranche of a $3 billion bailout to stabilise the economy.