LAHORE MIRROR — Prime Minister Shehbaz Sharif said Tuesday that a bank in China rolled over a $600 million loan to Pakistan.
The premier said new injection would boost the country’s forex reserves.
The premier was addressing the launching ceremony of the Prime Minister’s Youth Sports Initiative in Islamabad, where he announced to allocate more funds for the development of the youth if he comes into power again.
“Yesterday, Exim Bank of China rolled over $600 million to Pakistan, which increased our foreign currency reserves,” PM Shehbaz Sharif said and added that assistance from friendly countries is improving economic indicators.
However, he didn’t elaborate further on when this payment was due.
