ISLAMABAD: Pakistan has requested China to reschedule USD 3.4 billion debt for two years to bridge a foreign funding gap identified by the International Monetary Fund, according to a media report on Saturday.
This is the second time in the past five months that Islamabad has requested Beijing to reschedule loans provided by its Exim bank.
Deputy Prime Minister Ishaq Dar made the formal request during this week’s visit to Beijing, The Express Tribune newspaper reported, quoting government sources. PTI
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