Home Business Federal cabinet approves $2.4bn dollar loan from China

Federal cabinet approves $2.4bn dollar loan from China

53 second read

ISLAMABAD, June 05(ABC): The federal cabinet on Saturday approved a 2.4 billion dollar loan from China.

The federal cabinet approved the acquisition of the loan through a summary circulation. The loan from China will be for three years.

The 2.4 billion dollar loan from China will be received at one percent margin. The loan will be received under the 2019 agreement. The federal cabinet has approved the finance ministry’s summary.

Author

Load More Related Articles
Load More By Editor in Chief
Load More In Business
Comments are closed.

Check Also

UAE aviation sector posts record growth in 2025

The United Arab Emirates (UAE) recorded strong growth in its aviation sector in 2025, rein…