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Pakistan requests additional USD 1.4 billion loan from China amid ongoing
Updated : 1 year, 7 months ago IST
In a bid to tackle persistent external financing issues, Pakistan has formally requested an additional loan of 10 billion yuan (USD 1.4 billion) from China. This appeal comes amidst ongoing fiscal pressures and follows the utilisation of an existing trade finance facility.
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Pak: Fiscal challenges mount as interest payments surge, development secto
Updated : 2 years ago IST
The substantial jump in interest payments to PKR 5.52 trillion from PKR 3.58 trillion in the corresponding period last year contributed significantly to this widening deficit.
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