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China extends repayment period of USD 2 billion loan to Pakistan by one year

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....hina extends repayment period of USD 2 billion loan to Pakistan by one year<BR>PTI News<BR>Dated:- 8-3-2025<BR>PTI<BR>Islamabad, Mar 8 (PTI) China extended the repayment period of Pakistan’s USD 2 b....

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....illion loan by one year, easing pressure of the International Monetary Fund on the dollar-deficit country. The loan was originally due for repayment on March 24, but China has agreed to extend the d....

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....eadline, providing Pakistan with crucial financial relief. Geo News quoted the Ministry of Finance as confirming the roll over by China, adding that this extension comes as Pakistan faces economic c....

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....hallenges, including pressure on foreign exchange reserves. Around 92 per cent of Pakistan’s external debt is owed by three major sources, including multilateral and bilateral creditors as well as....

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.... through international bonds. Among the bilateral creditors, China is on the top keeping in view the total external debt and liabilities. Meanwhile, the cash-strapped country is seeking a fresh loan....

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.... tranche from the International Monetary Fund (IMF), with the Washington-based lender’s team currently in Pakistan for negotiations. Islamabad secured the USD 7 billion Extended Fund Facility (EFF....

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....) last summer to help claw its way out of an economic crisis. The programme has played a key role in stabilising Pakistan’s economy and the government has said the country is on course for a long-....

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....term recovery. PTI SH GSP GSP<BR> News - Press release - PIB....