China extended the $2 billion period by one year

Islamabad: China has extended the period of 2 billion dollars due to Pakistan by one year.

According to the announcement issued by the Ministry of Finance, the economic cooperation of Pakistan’s long-time friend China is continuing for the economic stability and recovery of Pakistan.

China has extended the period of payment of $2 billion due to Pakistan by another year.

China’s $2 billion loan repayment period was due on March 24

Pakistan, China agree to promote space cooperation

The Ministry of Finance has confirmed a one-year extension of the $2 billion loan from China.

According to the statement, China’s one-year extension of the $2 billion loan repayment period will help Pakistan keep its foreign exchange reserves strong.