China has rolled over a $2 billion loan to Pakistan, caretaker finance minister Shamshad Akhtar confirmed on Thursday. The $2 billion loan was due in March and has been extended for one year.
By Ariba Shahid KARACHI, Pakistan (Reuters) -China is working on a request from cash-strapped Pakistan to roll over a $2-billion loan that matured last week, a top finance ministry official told ...
Caretaker Prime Minister Anwaar-ul-Haq Kakar Friday wrote a letter to his Chinese counterpart Li Qiang, requesting him to rollover Pakistan's $2 billion loan ... China had already rolled over ...
China has agreed to rollover a $2 ... Beijing to further extend the repayment period of the $2 billion loan maturing on March 23 -the Pakistan Day. The Chinese embassy's response was awaited.
Pakistan will now only make interest payments in both years, its finance minister has said.
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