Will a loan for $2 billion and $10 million be postponed or not? China made the choice.

Islamabad The deferral of Pakistan's $2 billion, $10 million debt has been granted by China.

Exclusive TV According to sources in the Ministry of Finance, Geo News has reported that China has delayed the loan for Pakistan by two years. Pakistan has been formally notified of this development by a letter from China's Exim Bank. sources claim. That Pakistan will not have to pay additional interest on this loan, and the tenure of all loan agreements has been extended from July 21, 2023, to June 30, 2025.

Shehbaz Sharif, the prime minister of Pakistan, revealed that China had earlier transferred 600 million dollars from Pakistan. The backing of friendly nations, according to Prime Minister Shehbaz Sharif, will help the economic indices improve. He was speaking at the ceremony in Islamabad. Pakistan's reserves have increased by $600 million as a result of China rolling over $600 million to Pakistan.

Ishaq Dar, Pakistan's finance minister, stated that Pakistan conducts business with China through commercial banks and safe deposit boxes. He added that it is a pleasure to confirm that two billion dollars were scheduled to be rolled over on March 23. This sum has been carried forward.

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Introduction and application of various processes in pharmacy

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