Tag: foreign commercial loan

  • Pakistan in talks with China to borrow $1 bn: Report

    Pakistan in talks with China to borrow $1 bn: Report

    Islamabad : Pakistan is in talks with a Chinese financial institution to obtain $1 billion as a foreign commercial loan, a media report said on Tuesday. The report in the Express Tribune said that amid declining foreign exchange reserves, the Pakistan government was in the process of scrutinising the loan term sheets and the agreement…