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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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Pakistan receives USD 1 billion loan from China
Updated : 2 years, 11 months ago IST
"This is to inform you that USD 1 billion has been received from China," said the central bank in a brief message to journalists on Friday night.
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Pakistan's constitutional crisis to adversely affects its economy, say ana
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], April 5 (ANI): The ongoing constitutional crisis in Pakistan amid the dissolution of the National Assembly by Imran Khan can adversely affect the fragile economy of the country.
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Pakistan to seek USD 2.7 bn loan from China for CPEC project
Updated : 5 years, 6 months ago IST
Islamabad [Pakistan], November 15 (ANI): Pakistan has decided to seek USD 2.7 billion loan from China for the construction of package-I of the Mainline-1 project of China Pakistan Economic Corridor (CPEC).
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Govt took Rs 5,700 cr loan from China, still asking people to boycott coun
Updated : 5 years, 11 months ago IST
New Delhi [India], June 29 (ANI): Aam Aadmi Party (AAP) leader Sanjay Singh on Sunday slammed the central government, accusing it of taking a loan of Rs 5,700 crore from China and on the other hand, asking people to boycott the neighbouring country.
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Pak seeks $9 bn loan from China to fund CPEC projects
Updated : 6 years, 6 months ago IST
Islamabad [Pakistan], Nov 6 (ANI): Pakistan on Tuesday sought a USD nine billion loan from China to finance road and infrastructure projects under the China-Pakistan Economic Corridor (CPEC).
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India, Bangladesh, Sri Lanka skip inauguration of China-funded bridge in M
Updated : 7 years, 9 months ago IST
New Delhi [India], Sep 2 (ANI): India-Maldives relations are not passing through the best of times.
According to sources, India did not send its representative on the recent inauguration event of the Sinamale Bridge, which has been constructed with the help of USD 72 million loan fro
Pakistan likely to borrow USD750m from China
Updated : 8 years, 9 months ago IST
Islamabad [Pakistan], Apr. 8 (ANI): Pakistan is likely to borrow another USD 750 million as a short-term foreign commercial loan from China, possibly to pay back the Eurobond debt incurred during the rule of General (retired) Pervez Musharraf.
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Pakistan to take USD 600 million loan from China to enhance forex reserves
Updated : 8 years, 9 months ago IST
Islamabad [Pakistan], Feb 10 (ANI): Pakistan has decided to borrow USD 600 million from China to increase its forex reserves as its foreign currency reserves have declined by USD 1.7 billion due to end of the International Monetary Fund programme.
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