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2024

Pakistan requests additional USD 1.4 billion loan from China amid ongoing financial challenges

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Islamabad [Pakistan], October 27 (ANI): In a bid to address its persistent external financing issues, Pakistan has formally requested a supplementary loan of 10 billion yuan (CNY) (approximately USD 1.4 billion) from China.

The announcement was made on Saturday, underscoring the fiscal pressures the nation continues to face, the Express Tribune reported.

During a meeting with China's Vice Minister of Finance, Liao Min, Pa