Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
China rolls over $2bn loan to Pakistan: Foreign Minister Ishaq Dar
04-01-2023, 01:02 PM
Post: #1
China rolls over $2bn loan to Pakistan: Foreign Minister Ishaq Dar

China rolls over $2bn loan to Pakistan: Foreign Minister Ishaq Dar


On Friday, finance minister Ishaq Dar said that China had rolled over a $2 billion loan that matured last week, providing relief during the nation’s acute balance of payment crisis.

Locking in a rollover had been critical for Pakistan, where reserves have dipped to just four weeks’ worth of imports and talks over an IMF bailout tranche of $1.1 billion have hit a stalemate. “I am happy to confirm that this had been rolled over on March 23,” Dar told the Senate, referring to the maturity date. He said all concerned documentation had been completed.

Read: https://lahorerealestate.com/china-rolls...q-dar.html

Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  China Affirms Readiness to Collaborate with Pakistan for CPEC Upgrade LRE-Azan 0 213 01-26-2024 03:33 PM
Last Post: LRE-Azan
  PM Kakar Emphasizes Pakistan-China Collaboration for CPEC Project Completion LRE-Azan 0 112 01-23-2024 03:31 PM
Last Post: LRE-Azan
  The China-Pakistan Economic Corridor (CPEC) Achieves Milestones: 36 Projects Worth US LRE-Azan 0 151 01-06-2024 05:23 PM
Last Post: LRE-Azan
  Pakistan and China Set to Ink Agreement for Third-Party Involvement in CPEC LRE-Azan 0 300 10-04-2023 07:11 PM
Last Post: LRE-Azan
  Punjab Chief Minister Visit to Ningxia, China for Enhanced Collaboration in Developme LRE-Azan 0 274 09-22-2023 01:00 PM
Last Post: LRE-Azan
  Pakistan unveils new visa policy to attract foreign investors LRE-Azan 0 324 09-11-2023 01:16 PM
Last Post: LRE-Azan
  Chief Minister federal minister for timely completion of NHA projects in Sindh LRE-Azan 0 643 01-26-2023 03:02 PM
Last Post: LRE-Azan
  Pakistan, China ink framework agreement on industrial cooperation under CPEC LRE-Azan 0 1,359 02-06-2022 02:26 PM
Last Post: LRE-Azan
  Pakistan and China Discuss on Railway Project - Development News LRE-Azan 0 3,978 07-16-2018 07:32 PM
Last Post: LRE-Azan
  Chinese govt rolls out scholarships for Pakistani students LRE-Azan 0 4,491 11-07-2017 03:54 PM
Last Post: LRE-Azan
  Initiatives taken to attract foreign investment: PM Salman 0 3,574 02-27-2014 06:47 PM
Last Post: Salman
  State Bank Remove Loan Limit for Real Estate Sector Salman 0 5,850 01-07-2014 02:29 PM
Last Post: Salman
  Linkage of Gwadar Port with Karakorum Highway will multiply Pakistan exports to China Salman 0 8,214 09-24-2013 11:42 AM
Last Post: Salman
  Prime Minister Approves Pak-China Trade Corridor Salman 0 9,717 08-17-2013 12:56 PM
Last Post: Salman
  Pakistan can earn foreign exchange by exporting meat: CM Salman 0 3,923 04-21-2012 12:46 PM
Last Post: Salman
  Pakistan, China to execute 36 projects worth $14 billion, Salman 0 4,488 04-16-2012 12:21 PM
Last Post: Salman
  Pakistan for trade expansion with China Salman 0 4,208 04-11-2012 12:44 PM
Last Post: Salman
  Swedish Foreign Minister meets Shahbaz Salman 0 3,269 03-16-2012 02:49 PM
Last Post: Salman
  CDA seeks loan for LED project Salman 0 3,509 03-15-2012 01:12 PM
Last Post: Salman
  CM announces Rs 20bn loan package for youth Salman 0 4,549 03-09-2012 12:21 PM
Last Post: Salman

Forum Jump:


User(s) browsing this thread: 1 Guest(s)