News Formal

Pakistan to receive $700 million loan from China Development Bank - finance minister

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

ISLAMABAD : The China Development Bank has approved a $700 million credit facility for Pakistan, the South Asian country's finance minister said on Wednesday.'This amount is expected to be received this week by State Bank of Pakistan which will shore up its forex reserves,' Finance minister Ishaq Dar said

FILE PHOTO: Pakistan's Finance Minister Ishaq Dar is seen after a party meeting in Islamabad, Pakistan September 26, 2017. REUTERS/Faisal Mahmood

FILE PHOTO: A woman takes pictures of the China Development Bank booth at the 2021 China International Fair for Trade in Services in Beijing, China September 3, 2021. REUTERS/Florence Lo

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines