The paperwork for the second installment of the $500 million loan from the Chinese bank has been completed

The paperwork for the second installment of the 0 million loan from the Chinese bank has been completed


Finance Minister Senator Ishaq Dar says that the paperwork for issuing the second tranche of the $500 million loan with the Chinese bank has been completed.

Ishaq Dar says that this installment is part of the rolled over one billion 30 million dollar loan, Pakistan had paid this loan to China, the funds will be released to the State Bank of Pakistan soon.

Earlier, Ishaq Dar, speaking in the Senate session, said that the IMF is asking friendly countries to complete the commitments made to support Pakistan, this is the reason for the delay in the agreement.

He said that this time the talks with the IMF will be extraordinary, we have prepared all the things, as soon as the staff level agreement with the IMF is done, it will be put on the website of the Ministry of Finance. will go




Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Prev
Why is Indonesia experimenting with sending students to school at 5:30 am?
Why is Indonesia experimenting with sending students to school at 5:30 am?

Why is Indonesia experimenting with sending students to school at 5:30 am?

Photo: The Guardian You usually see children going to school between 7 and 8 am,

Next
The death toll from Cyclone Freddie in Malawi and Mozambique has exceeded 400
The death toll from Cyclone Freddie in Malawi and Mozambique has exceeded 400

The death toll from Cyclone Freddie in Malawi and Mozambique has exceeded 400

Photo: AAP The death toll from Cyclone Freddie in the African countries of

You May Also Like