China “exceeds” $ 3.4 billion in commercial loans in Pakistan Blogging Sole

China “exceeds” $ 3.4 billion in commercial loans in Pakistan

 Blogging Sole

Currency traffic merchant counts US dollar tickets in a exchange office in Karachi on July 13, 2023. – Ppi Beijing exceeds $ 2.1 billion, refinance another $ 1.3 billion loan. Reserves to reach the target of $ 14 billion required by the IMF. China remains the largest bilateral creditor in Pakistan. China exceeded $ 3.4 … Read more

IMF “requests” India to review loans in Pakistan Blogging Sole

IMF “requests” India to review loans in Pakistan

 Blogging Sole

The International Monetary Fund logo is seen during IMF / World Bank spring meetings in Washington, United States, April 21, 2017 – Reuters India has expressed its concerns concerning the IMF on its loans in Pakistan: source. The Minister of Finance’s adviser said that the IMF program “well on the right track”. India, Pakistan announced … Read more

PM Shehbaz’s government borrows $1.72 billion in foreign loans in four months Blogging Sole

PM Shehbaz’s government borrows .72 billion in foreign loans in four months

 Blogging Sole

A person counts dollar bills in this illustrative image taken on May 30, 2022. — Reuters Pakistan receives $259 million from bilateral creditors. Multilateral creditors pay $721 million to Islamabad. $19.39 billion in foreign loans planned for the current fiscal year. ISLAMABAD: In its attempt to address the various challenges facing the economically cash-strapped country, … Read more