Thursday June 02, 2022

Re-financing Of 2.3 Billion Dollars With Chinese Banks Agreed: Miftah

Islamabad: Pakistan and Chinese banks have agreed on conditions and procedure of re-financing of 2. 3 billion dollars.

Finance Minister Miftah Ismael confirmed the development regarding refinancing of billions of dollars on his twitter handle today.

The finance minister giving the nation good news said that we have agreed on conditions and procedures for refinancing of 2. 3 billion dollars with the Chinese banks.

Miftah Ismail apprised further that the refinancing will help increase our foreign exchange reserves

He said that it is expected that financial agreement will come to implement after tiny approvals from both the sides.

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