China has rolled over its safe deposit of $2 billion with Pakistan on the existing terms as Islamabad’s foreign exchange reserves escaped further decline. In a major development to secure a staff-level agreement with the International Monetary Fund (IMF), China has rolled over $2 billion, sources within the finance ministry said.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Biden pushes Congress to advance debt ceiling deal

President Joe Biden and House Speaker Kevin McCarthy pushed Congress to advance…

Afghanistan’s instability to have a direct impact on Pakistan: Fawad Chaudhry

Pakistan wants an “inclusive” administration in Afghanistan, according to Information Minister Fawad…

Displaced southern Lebanon resident returns to shelter, his village back under Israeli attack

Mohammed Nassar, a displaced resident from the village of Shaqra, which is…

Three killed by Israeli strikes on southern Lebanon

At least three people were killed on Thursday morning when the Israeli…