Finance Minister Muhammad Aurangzeb says Pakistan will seek an expansion of its 30 billion yuan swap line with China when the facility expires in 2027.

In an interview with Reuters, the Minister said he also expects a US response on a proposed ten billion dollars exchange stabilization facility within two months.

He said the government was also in talks with the Export-Import Bank of the United States and the US International Development Finance Corporation.

Replying to a question regarding simultaneously seeking additional support from the United States and China, Muhammad Aurangzeb said Pakistan enjoys good relations with both important economic and superpowers.

Answering another question, the Finance Minister said Pakistan has secured sufficient oil stocks to cover its needs through this month and is well positioned for next month. He added that an institutionalized mechanism is now reviewing the situation on a daily basis.

To a question, Muhammad Aurangzeb said the government has no plans to seek additional IMF financing or emergency support from the Washington-based lender.