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  2. $2.4 billion

    Pakistan’s finance minister on Thursday said China has rolled over a $2.4 billion loan for the cash-strapped Islamic nation for two years, a move aimed at helping the country overcome one of its worst economic crises.
    thediplomat.com/2023/07/china-rolls-over-2-4-billion-loan-for-islamabad-for-2-years/
    thediplomat.com/2023/07/china-rolls-over-2-4-billion-loan-for-islamabad-for-2-ye…
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    Did China roll over a $2 billion loan to Pakistan?ISLAMABAD, Feb 28 (Reuters) - China has rolled over a $2 billion loan to Pakistan, caretaker finance minister Shamshad Akhtar confirmed in a response to Reuters on Thursday. The $2 billion loan was due in March and has been extended for one year, Geo News which first reported the news said, citing sources in the Pakistan finance ministry.
    Does China still provide loans to Pakistan?At the time of 2022-2023 Pakistani economic crisis, China was the only country that continues to provide loans. China has lent Pakistan more than 2 billion US dollars to prop up its collapsing economy.
    Why has China rolled over a $2.4 billion loan to Islamabad?ISLAMABAD, July 27 (Reuters) - Pakistan Finance Minister Ishaq Dar said on Thursday that China has rolled over a $2.4 billion loan to Islamabad for a period of two years, a boost to its foreign reserves on the back of an IMF deal which helped it avert a default.
    Is Pakistan extending a $2 billion loan to Islamabad?The $2 billion loan was due in March and has been extended for one year, Geo News which first reported the news said, citing sources in the Pakistan finance ministry. Beijing had communicated the decision to Islamabad, it added.
     
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