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Chinese Banks signed $2.3 billion loan facility for Pakistan says Finance Minister

admin-augafbyadmin-augaf
June 22, 2022
inBusiness, Finance
Reading Time: 1 min read
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Chinese Banks signed $2.3 billion loan facility for Pakistan says Finance Minister

Chinese Banks signed $2.3 billion loan facility for Pakistan says Finance Minister

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Islamabad June 22 2022: The Chinese consortium of banks has today signed the RMB 15 billion (~$2.3 billion) loan facility agreement after it was signed by the Pakistani side yesterday, says Pakistan Finance Minister Miftah Ismail.

He added, “Inflow is expected within a couple of days. We thank the Chinese government for facilitating this transaction.”


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