Pak owes more money to China than to IMF ...Middle East

Pakistan owes $6.7 billion in commercial loans to China over the three years through June 2022 which is higher than the amount it has to pay back to IMF—$2.8 billion in the same period. Pakistan is one of the biggest beneficiaries of China’s Belt and Road Initiative but the money has not been enough. IMF has now approved a new program to bail out Pakistan.

Hence then, the article about pak owes more money to china than to imf was published today ( Friday 04/10/2019 - 04:30 PM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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