Wednesday June 22, 2022

Pakistan, Chinese Consortium Sign $2.3Bn Loan Agreement

Chinese consortium of banks has signed a loan facility agreement worth 2.3 billion dollars and the inflow is expected in a couple of days.

This was stated by Finance Minister Miftah Ismail in a tweet on Wednesday.

He thanked the Chinese government for facilitating the transaction.

The Minister mentioned that Pakistani side already signed the agreement yesterday.

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