Home National China ‘Rolls Over’ $3.4 Billion of Commercial Loans to Pakistan

China ‘Rolls Over’ $3.4 Billion of Commercial Loans to Pakistan

Extension offers crucial relief to Pakistan’s economy as it navigates IMF talks and external debt obligations.

by Muhammad Arham
0 comment

In a major financial relief for Pakistan, China has officially rolled over $3.4 billion in commercial loans, helping the country stabilize its foreign exchange reserves and avoid immediate repayment pressure amid ongoing economic challenges.

According to senior government officials, the rollover comes at a critical time as Pakistan seeks to maintain liquidity and meet its external financing needs while negotiating a new bailout program with the International Monetary Fund (IMF).

“This rollover demonstrates China’s continued support for Pakistan’s economic stability,” a Finance Ministry source said. “It eases short-term pressures and gives us breathing space for structural reforms.”

The rolled-over loans were originally set to mature between July and December 2025. With this extension, Pakistan now avoids a significant outflow of foreign currency, giving the government more room to manage its balance of payments.

China remains one of Pakistan’s largest bilateral creditors and a key economic partner under the multi-billion-dollar China-Pakistan Economic Corridor (CPEC).

You may also like

Leave a Comment

Welcome to Envision Pakistan, your go-to digital platform for comprehensive, unbiased, and engaging news coverage. Our platform brings together a diverse array of media, including articles, videos, podcasts, and social media updates, providing you with a 360-degree perspective on both national and global events.
At Envision Pakistan, we believe in the power of knowledge to shape a better tomorrow. Our mission is to empower individuals with accurate and well-researched information, fostering an informed citizenry that actively participates in shaping the world around us.
From breaking news to in-depth analyses, our team of dedicated journalists and content creators work tirelessly to ensure that you receive the most reliable and balanced news coverage. We strive to go beyond the headlines, delving into the nuances and complexities of each story to give you a deeper understanding of the issues that matter.
Our commitment to innovation drives us to explore new and exciting ways of presenting news to you. Our video podcasts provide a dynamic and immersive experience, while our active presence on social media platforms ensures you stay up-to-date with real-time updates.
At Envision Pakistan, we believe that every voice matters, and we encourage open dialogue and respectful discussions. We are passionate about empowering our audience to engage with the news critically and thoughtfully.
Thank you for joining us on this journey of discovery and awareness. Together, let’s Envision Pakistan and the world in a new light.

Our Vision:

Envision Pakistan strives to become the premier digital media platform that presents a comprehensive and unbiased perspective on Pakistani and global news. We envision fostering a more informed and connected society by delivering timely, accurate, and thought-provoking content through our website, social media handles, and videos & podcasts.

Our Mission:

Our mission is to empower individuals with knowledge, engage them with diverse viewpoints, and inspire meaningful conversations. We aim to be at the forefront of news dissemination, embracing innovation and technology to deliver compelling multimedia content that resonates with our audience.

Copyright © 2023 – All Right Reserved. Powered by Markhor Advertising and Production

Adblock Detected

Please support us by disabling your AdBlocker extension from your browsers for our website.