Islamabad March 16 2023: Pakistan ministry of finance completes documentation for release of US$ 500 million from Chinese ICBC to State Bank of Pakistan says country finance minister.
“Out of Chinese ICBC’s approved rollover facility of US$1.3 billion (which was earlier repaid by Pakistan to ICBC in recent months), documentation for second disbursement of US$500 million has been completed by Finance Ministry for release of funds to the State Bank of Pakistan” says Pakistan Finance Minister Ishaq Dar.