China has rolled over a $2 billion loan to Pakistan, caretaker finance minister Shamshad Akhtar confirmed on Thursday. The $2 billion loan was due in March and has been extended for one year.
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The Chinese embassy's response was awaited. Sources said that China had initially asked to further increase the interest rates on the $2 billion debt. Pakistan is currently paying 7.1% interest ...
Caretaker Prime Minister Anwaar-ul-Haq Kakar Friday wrote a letter to his Chinese counterpart Li Qiang, requesting him to rollover Pakistan's $2 billion loan for a year, sources told Geo News.
For about two decades, Kelly Zong Fuli operated in the shadows of her father, beverage tycoon Zong Qinghou – once China’s richest man. His death last month is now thrusting the woman known as ...
A school official in Maryland is accused of retaliating against the principal with a recording of a fake racist rant in a duplication of his boss’s voice. ABC News' Andrea Fujii explains.
The office running a crucial part of President Joe Biden’s climate agenda has Congress’ approval to lend more than $200 billion for next-generation energy projects — from solar farms and ...
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(Bloomberg) -- Microsoft Corp. will invest $2.9 billion over the next two years to boost its hyperscale cloud computing and artificial intelligence infrastructure in Japan, marking its biggest ...