Pakistan to receive $700 mln loan from China Development Bank - finance minister

Kitco Media
By Reuters
Published:
Updated:
Reuters
ISLAMABAD, Feb 22 (Reuters) - The China Development Bank has approved a $700 million credit facility for Pakistan, the South Asian country's finance minister said on Wednesday. "This amount is expected to be received this week by State Bank of Pakistan which will shore up its forex reserves," Finance minister Ishaq Dar said on Twitter.
(Reporting by Asif Shahzad, writing by Shilpa Jamkhandikar; editing by Miral Fahmy)

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