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Pakistan’s Finance Minister Khurram Shehzad confirmed that China has extended a $2 billion loan to Pakistan to help stabilize its economy. According to a World Bank report published last December, China remains Pakistan's largest creditor, holding nearly $29 billion in loans. Reuters reported that after securing a $7 billion IMF bailout in September 2024, Pakistan has been striving to strengthen its financial position. If the initial phase of the loan review is successful, Pakistan is expected to receive an additional $1 billion.
The ‘1 Nojor’ media platform is now live in beta, inviting users to explore and provide feedback as we continue to refine the experience.