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China to continue Pakistan’s financial help to control external debt: Bloomberg

The report stated that China will continue to provide financial support to Pakistan to overcome its external debt problem.

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China to continue Pakistan’s financial help to control external debt: Bloomberg
China to continue Pakistan’s financial help to control external debt: Bloomberg

Washington: The report of the American economic journal Bloomberg claims that China will continue to provide financial support to Pakistan to overcome the external debt problem.

The Bloomberg report quoted the Chinese Consul General in Pakistan as saying that Beijing has never pressured Pakistan to repay its debts, instead recently rolled over a loan of $2 billion.

The report stated that China will continue to provide financial support to Pakistan to overcome its external debt problem.

It should be noted that earlier Bloomberg had called the appointment of Muhammad Aurangzeb as the Finance Minister a positive step.

Bloomberg said that the appointment of Mohammad Aurangzeb before the new program of International Monetary Fund (IMF) is a positive step, investors were interested in the appointment of the new finance minister of Pakistan.

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