Pakistan, Chinese Consortium Of Banks Sign $2.3 Loan Agreement

ISLAMABAD (HRNW)  Pakistan has signed $2.3 billion loan facility agreement with a Chinese consortium of banks.

The development was confirmed by Finance Minister Miftah Ismail on his official Twitter handle. He said the agreement was signed on Tuesday between Pakistan and the Consortium of Banks, revealing that the inflows are expected within a couple of days.

“We thank the Chinese government for facilitating this transaction,” he said.


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