Business
After UAE, China agrees to roll over $2 billion for Pakistan
The loan of two billion dollars will be rolled over before maturity from China on the current terms.
Islamabad: After the United Arab Emirates (UAE), China has also agreed to roll over the amount due to Pakistan.
According to media reports, Caretaker Prime Minister Anwaar-ul-Haq Kakar had written a letter to the Chinese Prime Minister in this regard. Pakistan has received a total of $4 billion loan safe deposit from China.
According to the Ministry of Finance reports, the loan of two billion dollars will be rolled over before maturity from China on the current terms. It is also reported that the two-billion-dollar loan will be rolled over for one more year.