Advertisement
Business

China approves $700M financing for Pakistan

Ishaq Dar announced the news on social media today.

GNN Web Desk
Published 2 years ago on Feb 22nd 2023, 1:05 pm
By Web Desk
China approves $700M financing for Pakistan

Islamabad: The Board of China Development Bank has approved the facility of US $700 million in financing for Pakistan.

Federal Finance minister Ishaq Dar Wednesday turned to Twitter and wrote: “This amount is expected to be received this week by State Bank of Pakistan,” adding that, it will shore up its forex reserves.

Advertisement