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#1
28-06-2022, 09:50 PM
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China makes emergency loan to Pakistan for $2.3b USD to avert payments crisis
An honorable member of the Coffee Shop Has Just Posted the Following:
https://www.ft.com/content/6250c214-...3-876666d01ff4 Chinese banks lend Pakistan $2.3bn to avert foreign exchange crisis Support from ally seen as step toward resuming IMF package as Islamabad imposes fresh corporate tax Farhan Bokhari in Islamabad JUNE 25 2022 A consortium of Chinese state banks has lent $2.3bn to Pakistan to help the country stave off a foreign payments crisis, finance minister Miftah Ismail said on Friday. Confirmation of... Read more Click here to view the whole thread at www.sammyboy.com. 
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