The State Bank of Pakistan (SBP) has confirmed that Pakistan has received $1 billion from China.
According to the SBP statement, Pakistan’s foreign exchange reserves have increased by receiving $1 billion from China.
According to SBP, Pakistan has received 1 billion dollars in commercial loans from China. Earlier, China had sent a soft code to give 1 billion dollars to Pakistan, in which Islamabad was told to receive 1 billion dollars by tonight.
Pakistan made an advance payment to China this week.
