China To Re-finance The USD $ 2 Billion Which Was Due To Be Given By Pakistan | Pakistan News
Chinese banks have agreed to refinance Pakistan with USD 2.3 billion worth of funds in a massive relief for the cash-starved country to help it bolster its depleting foreign exchange reserves, the finance minister has said. Miftah Ismail said on Thursday that the terms and conditions for refinancing have been agreed and the inflow is expected "shortly" after some routine approvals from both sides.
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