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Cash-strapped Pakistan requests another year to pay back Chinese loans
Updated : 4 years, 9 months ago IST
Islamabad [Pakistan], June 14 (ANI): A debt-ridden Pakistan has requested its all-weather ally China that it needs another year to pay back a billion dollars Islamabad had borrowed from Beijing last year.
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IMF delays multi-billion aid to debt-ridden Pakistan
Updated : 6 years, 11 months ago IST
Islamabad [Pakistan], Apr 15 (ANI): The International Monetary Fund (IMF) would delay the bailout package to debt-ridden Pakistan as the global money lender has sought details about China-Pakistan Economic Corridor (CPEC), and demanded a written guarantee that it will not use the aid to repa
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Chinese loans placing South Asia in debt trap
Updated : 7 years, 8 months ago IST
Kathmandu [Nepal], June 22 (ANI): The trade deficit in South Asian countries such as Nepal, Myanmar and Pakistan with China is rising year-on-year, in spite of Beijing extending bilateral loans to them by significant amounts.
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