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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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China agrees to reschedule USD 2 billion debt recovery
Updated : 2 years, 10 months ago IST
This is a major relief to Pakistan government which is in the process of rebuilding foreign exchange reserves through fresh loans and rolling over maturing debt.
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As Pak eyes ways to overcome financial challenges, Imran holds meetings wi
Updated : 4 years, 3 months ago IST
Beijing [China], February 6 (ANI): Pakistan Prime Minister Imran Khan held meetings with Chinese Premier Li Keqiang and senior leadership of state-owned companies in China on Saturday as Islamabad is finding out ways to overcome financial challenges.
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Pakistan eyes USD 3bn loan from Beijing during Imran Khan's upcoming visit
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], January 30 (ANI): Pakistan is keeping its focus on availing a USD 3 billion loan and will seek investment in six sectors from Beijing during the upcoming China visit of the country's Prime Minister Imran Khan, reported local media.
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China reluctant to clear USD 6 billion loan for CPEC project
Updated : 5 years ago IST
Islamabad [Pakistan], May 9 (ANI): China has shown reluctance to clear a USD 6 billion loan for the single largest project under the China-Pakistan Economic Corridor (CPEC) due to the growing concern over mounting debt.
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