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of <h1>China Extends $2B Loan Repayment for Pakistan by One Year, Easing IMF Pressure Amid Economic Struggles</h1> China has extended the repayment period of a USD 2 billion loan to Pakistan by one year, alleviating pressure from the International Monetary Fund on the dollar-deficit nation. Originally due on March 24, the extension offers Pakistan financial relief amid economic challenges and foreign exchange reserve pressures. Approximately 92% of Pakistan's external debt comes from multilateral and bilateral creditors, with China being a significant bilateral creditor. Concurrently, Pakistan is negotiating with the IMF for a new loan tranche, following a USD 7 billion Extended Fund Facility secured last summer to stabilize its economy and support long-term recovery.
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