Chinese bank approves $700 million loan for Pakistan: Ishaq Dar

Chinese bank approves $700 million loan for Pakistan: Ishaq Dar

Islamabad (Web Desk): Finance Minister Ishaq Dar on Wednesday announced that the Board of China Development Bank (CDB) has approved a $700 million facility for Pakistan.

In a post on Twitter, the finance minister wrote that the amount is expected to be received this week by State Bank of Pakistan (SBP) which will shore up its forex reserves.

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