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TMI BlogChina extends repayment period of USD 2 billion loan to Pakistan by one yearX X X X Extracts X X X X X X X X Extracts X X X X ..... China extends repayment period of USD 2 billion loan to Pakistan by one year X X X X Extracts X X X X X X X X Extracts X X X X ..... llion loan by one year, easing pressure of the International Monetary Fund on the dollar-deficit country. The loan was originally due for repayment on March 24, but China has agreed to extend the de ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... adline, providing Pakistan with crucial financial relief. Geo News quoted the Ministry of Finance as confirming the roll over by China, adding that this extension comes as Pakistan faces economic ch ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... allenges, including pressure on foreign exchange reserves. Around 92 per cent of Pakistan’s external debt is owed by three major sources, including multilateral and bilateral creditors as well as th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rough international bonds. Among the bilateral creditors, China is on the top keeping in view the total external debt and liabilities. Meanwhile, the cash-strapped country is seeking a fresh loan tr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anche from the International Monetary Fund (IMF), with the Washington-based lender’s team currently in Pakistan for negotiations. Islamabad secured the USD 7 billion Extended Fund Facility (EFF) las ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t summer to help claw its way out of an economic crisis. The programme has played a key role in stabilising Pakistan’s economy and the government has said the country is on course for a long-term re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... covery. PTI SH GSP GSP X X X X Extracts X X X X X X X X Extracts X X X X
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