{"id":83019,"date":"2025-06-30T10:14:01","date_gmt":"2025-06-30T05:14:01","guid":{"rendered":"https:\/\/nabanews.pk\/en\/?p=83019"},"modified":"2025-06-30T10:14:01","modified_gmt":"2025-06-30T05:14:01","slug":"china-rolls-over-3-4b-of-commercial-loans-to-pakistan","status":"publish","type":"post","link":"https:\/\/nabanews.pk\/en\/china-rolls-over-3-4b-of-commercial-loans-to-pakistan\/","title":{"rendered":"China \u2018rolls over\u2019 $3.4b of commercial loans to Pakistan"},"content":{"rendered":"<p>Islamabad<br \/>\nChina has rolled over $3.4 billion in loans to Pakistan, which together with other recent commercial and multilateral lending will boost Pakistan\u2019s foreign exchange reserves to $14 billion, a finance ministry source said on Sunday.<br \/>\nBeijing rolled over $2.1 billion, which has been in Pakistan\u2019s central bank\u2019s reserves for the last three years, and refinanced another $1.3 billion commercial loan, which Islamabad had paid back two months ago, the source said.<br \/>\nAnother $1 billion from Middle Eastern commercial banks and $500 million from multilateral financing have also been received, he said.<br \/>\n\u201cThis brings our reserves in line with the IMF target,\u201d he said.<br \/>\nThe loans, especially the Chinese ones, are critical to shoring up Pakistan\u2019s low foreign reserves, which the IMF required to be over $14 billion at the end of the current fiscal year on June 30.<br \/>\nPakistani authorities say that the country\u2019s economy has stabilised through ongoing reforms under a $7 billion IMF bailout.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad China has rolled over $3.4 billion in loans to Pakistan, which together with other recent commercial and multilateral lending will boost Pakistan\u2019s foreign exchange reserves to $14 billion, a finance ministry source said on Sunday. Beijing rolled over $2.1 billion, which has been in Pakistan\u2019s central bank\u2019s reserves for the last three years, and &hellip;<\/p>\n","protected":false},"author":4,"featured_media":83004,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-83019","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/83019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=83019"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/83019\/revisions"}],"predecessor-version":[{"id":83030,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/83019\/revisions\/83030"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/83004"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=83019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=83019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=83019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}