The Express Tribune·4 min read·medium
China asked to fast-track $1.3b refinancing
I
Irshad Ansari
✦AI Summary
Pakistan has requested that China expedite the refinancing of $1.3 billion in commercial loans to help stabilize its foreign exchange reserves. This follows a significant repayment of external debt made by the country in July.
--> Home Business China asked to fast-track $1.3b refinancing Pakistan repaid $2.2b in external debt in July weighing on foreign exchange reserves
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