Islamabad: China has approved to postpone the loan of 2 billion 10 million dollars to Pakistan. According to the sources of the Ministry of Finance, China has postponed the loan to Pakistan for 2 years.
Sources say that China’s Exim Bank has officially informed Pakistan by writing a letter in this regard. Pakistan will not have to pay additional interest on this loan.
The tenure of all loan agreements has been extended from July 21, 2023 to June 30, 2025.