Finance Minister Ishaq Dar said on Thursday that China has rolled over a $2.4 billion loan to Islamabad for a period of two years, a boost to the country’s economy as it tries to build its foreign reserves after clinching a deal with the International Monetary Fund (IMF).

“Chinese Exim bank rolled over principal amounts totaling $2.4bn which are due in [the] next two fiscal years,” he said in a post on social platform X, formerly Twitter.

Pakistan will make interest payments only over the next two years, Dar said.

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