Reuters: China rolls over $3.4 billion of commercial loans to Pakistan, says source
- China has rolled over $3.4 billion in loans to Pakistan, helping meet an International Monetary Fund requirement, according to a senior finance ministry official.
- Beijing has rolled over $2.1 billion that has been in the State Bank of Pakistan's reserves, providing vital support, according to the source.
- China has refinanced another $1.3 billion commercial loan previously repaid by Pakistan, returning funds for use, noted the official.
- This support helps Pakistan avoid a foreign exchange crisis and maintain stability during a significant economic downturn.
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China rolls over $3.4 billion in loans to Pakistan, helping boost reserves
China rolled over $2.1 billion, which has been in Pakistan's central bank's reserves for the last three years, and refinanced another $1.3 billion commercial loan, which Islamabad had paid back two months ago, according to reports.


China Rolls Over $3.4 Billion Of Commercial Loans To Pakistan: Report
China has rolled over $3.4 billion in loans to Islamabad, which together with other recent commercial and multilateral lending will boost Pakistan's foreign exchange reserves to $14 billion, a finance ministry source said.
China Boosts Pakistan's Reserves with $3.4 Billion Loan Rollovers
China has rolled over $3.4 billion in loans to Pakistan, enhancing its foreign reserves to meet IMF targets. With additional funds from the Middle East and multilateral sources, Pakistan's reserves now total $14 billion. These developments are crucial for the country's economic stability and reform success.
China rolls over $3.4 billion of commercial loans to Pakistan, says source
China has rolled over $3.4 billion in loans to Islamabad, which together with other recent commercial and multilateral lending will boost Pakistan's foreign exchange reserves to $14 billion, a finance ministry source said on Sunday.
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- 58% of the sources lean Right
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