Cash-strapped Pakistan seeks $2 billion loan from China

Cash-strapped Pakistan has requested $2 billion in financial aid from China for a year, seeking to roll over the debt as the deposit time for the loan from China ends on March 23. The caretaker Prime Minister Anwaarul Haq Kakar expressed gratitude to China for its assistance, noting that Pakistan has secured a total of $4 billion in loans from China, reducing pressure on external debt payments.
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