Pakistan secures two-year loan deferral from China
Finance Ministry sources say Pakistan will not have to pay additional interest on loan. The loan agreement has been extended from July 21, 2023, to June 30, 2025. The deferment was confirmed by China’s Exim Bank. China has given the green light to Pakistan for a two-year deferment of a $2.1 billion loan. The deferment … Read more