China Rolls Over $3.4 Billion in Loans to Pakistan, Helping Islamabad Meet IMF Reserve Target
In a significant financial development, China has rolled over $3.4 billion in commercial loans to Pakistan, providing a crucial boost to the country’s foreign exchange reserves. The move, confirmed by Pakistan’s finance ministry officials, comes at a critical juncture as Islamabad races to meet the International Monetary Fund’s (IMF) reserve target of $14 billion by…