China has extended the $2 billion loan repayment period to Pakistan by one year.
According to reports, China’s cooperation continues for Pakistan’s economic stability and recovery, China has extended the $2 billion loan repayment period to Pakistan by one year. The Ministry of Finance has confirmed the extension of China’s $2 billion loan period. The Ministry of Finance says that $2 billion will help keep foreign exchange reserves strong.
It should be noted that China’s $2 billion loan repayment period was ending on March 24.
It should be noted that during President Asif Zardari’s visit to China, China reiterated its full support for Pakistan’s stability and development.
