Wednesday, 27 September 2023, 01:09:20 pm
China rolls over $2b loan to Pakistan for one year: Dar
March 31, 2023

Finance Minister Ishaq Dar has confirmed that China has rolled over its two billion dollars loan to Pakistan for one year.

Speaking in the Senate today on a point raised by PPP leader Raza Rabbani, he rejected as speculative a report appeared in a foreign media that Pakistan is still awaiting rollover of the Chinese loan. 

The Finance Minister said the rollover was made on the 23rd March. He said the documentation vis-à-vis the roll-over also stands completed and it is no longer in the pipeline.