Suchi News
China’s approval to waive Pakistan’s one billion thirty million dollar debt
Islamabad (92 News) – China has approved the cancellation of Pakistan’s debt of one billion and thirty million dollars.
China has once again come to help Pakistan, Dost Malik approved a loan to replace one billion and thirty million dollars.
The Minister of Finance, Ishaq Dar, said that the $500 million received on Friday, the remaining $800 million will be received immediately in two parts. The foreign exchange reserves will increase, Pakistan will not be stagnant.
The Finance Minister said that the loan rolled over was paid by Pakistan to China.
Meanwhile, the Turkish Ambassador met Dr. Mehmet Pekasi to the Minister of Finance Ishaq Dar and discussed the economy, trade and investment between the two countries.
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