ISLAMABAD: Federal Minister for Finance Mohammad Ishaq Dar has said that the Board of China Development Bank has approved the facility of 700 million dollars for Pakistan.
In a tweet, the federal minister said that formalities have been completed in this regard, adding that the amount is expected to be received this week by State Bank of Pakistan, which will shore up its forex reserves.
Formalities completed and Board of China Development Bank has approved the facility of US $ 700 million for Pakistan. This amount is expected to be received this week by State Bank of Pakistan which will shore up its forex reserves!
— Ishaq Dar (@MIshaqDar50) February 22, 2023