Tuesday, October 27, 2020

Pakistan will receive $2.1 billion from China on March 25

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Zain Zubair
Zain Zubair
Zain Zubair is a staff writer for World News Observer. He is studying ACCA in Pakistan. Besides Accountancy and writing pieces, he loves cooking and nature photography. Zain has attended various modern journalism workshops. Contact: [email protected]

Pakistan’s finance ministry has completed all procedural formalities with China for the facility of $ 2.1 billion. The said fund will be deposited in the account of State Bank of Pakistan on Monday, March 25.

Spokesperson of the ministry of finance Dr Khaqan Hasan Najib in a tweet on Thursday evening said that the financial support from China will further strengthen the forex reserves of the country and ensure the balance of payment stability.

 

 

Read also: Pakistan’s foreign exchange reserves surges $743.7 million to $15.709 billion

Zain Zubair
Zain Zubair
Zain Zubair is a staff writer for World News Observer. He is studying ACCA in Pakistan. Besides Accountancy and writing pieces, he loves cooking and nature photography. Zain has attended various modern journalism workshops. Contact: [email protected]
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