China approves USD 1.3 Billion rollover for cash-strapped Pakistan
Shortpedia
Content Team
Image Credit: economic times
Cash-Strapped Pakistan sees a ray of hope as the Industrial and Commercial Bank of China (ICBC) approved the rollover of USD 1.3 billion facilities. Taking to Twitter, Pakistan Finance Minister Ishaq Dar announced, "Formalities completed [and] Chinese Bank, ICBC approved rollover of USD 1.3 billion facilities which has been repaid by Pakistan to ICBC in recent months."
