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Pakistan seeks additional 10 billion yuan loan from China: Report
short by Nidhi Sinha / on Sunday, 27 October, 2024
Pakistan has requested an additional 10 billion yuan ($1.4 billion) loan from China, as per a report. Pakistan has already fully consumed the existing 30 billion yuan trade finance facility under China-Pakistan currency swap arrangement to repay debts. This isn't the first time Pakistan has requested an increased debt limit, however, Beijing has declined all such past requests, report added.
read more at NewsX