18-July-2024
Economy News
 
Pakistan to approach China to restructure its $15 billion energy debt
10-Jul-2024

Pakistan has decided to approach its all-weather ally China with a formal request to restructure its $15 billion energy debt to help the cash-strapped country wriggle out of its financial woes. "Planning Minister Ahsan Iqbal and Finance Minister Muhammad Aurangzeb would visit China this week," the Express Tribune newspaper quoted highly placed sources as saying.

News Source:- https://www.business-standard.com/world-news/pakistan-to-approach-china-to-restructure-its-15-billion-energy-debt-124070900441_1.html