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2024

Pakistan jittery as suspense continues on energy sector loan from China

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Two Pakistani ministers, Muhammad Aurangzeb (Finance) and Sardar Awais Ahmad Khan Laghari (Energy), are in Beijing to discuss rescheduling Pakistan's debt related to the China-Pakistan Economic Corridor (CPEC). The debt, primarily from energy projects, has surged to Rs 401 billion, a 44% increase from the previous year.