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Tag: Exim Bank of China

Business
  • Web Desk Karachi
  • Feb 10, 2025
Pakistan seeks two-year rescheduling of $3.4 billion debt from China amidst IMF concerns

Pakistan has reached out to the Export-Import (Exim) Bank of China to reconsider loan repayments due from October 2024 to September 2027. The government is working to secure financing to cover a $5 billion external financing gap for the duration of the three-year IMF programme.

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