Cash-strapped Pakistan gets USD 1 billion loan from China
Image Credit: pixabay
Pakistan received USD 1 billion from China, ARY News reported citing the State Bank of Pakistan. "This is to inform you that USD 1 billion has been received from China," said the central bank in a brief message to journalists on Friday night. While the country is waiting for International Monetary Fund to release a loan from the bailout programme, China's payment came as a ray of hope for the nation.