China defers $2b debt payment to Pakistan
- 26-Jul-2023
ISLAMABAD: China has deferred the $2 billion debt payment to Pakistan for two years, ARY News reported citing sources. According to sources, China Eximbank has officially written to Pakistan about the delay in the recovery of debt. Sources said that the federal government has revised the terms and conditions for the debt rollover. Pakistan is […]
Pakistan gets $1bn loan from China: SBP
- 16-Jun-2023
KARACHI: In a major boost to foreign exchange reserves, the State Bank of Pakistan (SBP) on Friday said it has received $1 billion from China, ARY News reported. “This is to inform you that $1 billion has been received from China,” said the central bank in a brief message to journalists on Friday night. The […]