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Pakistan requests China to postpone $3.4 billion debt for 2 years
short by Disha Jana / on 09 Feb 2025,Sunday
Pakistan has requested China to postpone $3.4 billion debt for two years to bridge a foreign funding gap identified by International Monetary Fund (IMF), according to a report. The extension was sought to repay the official and guaranteed debt obtained from China's Exim Bank and Pakistan would keep making interest payments. Pakistan made a similar request to China last September.
short by Disha Jana / 10:53 am on 09 Feb
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