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.
The Chinese embassy's response was awaited. Sources said that China had initially asked to further increase the interest rates on the $2 billion debt. Pakistan is currently paying 7.1% interest ...
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 for a year, sources told Geo News.
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ISLAMABAD, Feb 28 (Reuters) - China has rolled over a $2 billion loan to Pakistan, caretaker finance minister Shamshad Akhtar confirmed in a response to Reuters on Thursday. The $2 billion loan ...