Good news for Pakistan economy
Finance Minister Ishaq Dar says the State Bank of Pakistan would receive back third and last disbursement today in its account amounting to 300 million dollars from Industrial and Commercial Bank of China.
In a tweet on Friday, he said the amount is out of Chinese Bank’s approved facility of 1.3 billion dollars, which was earlier repaid by Pakistan.
The Finance Minister said it will shore up forex reserves of Pakistan.
Out of Chinese Bank’s #ICBC approved facility of $1.3 billion (which was earlier repaid by Pakistan), State Bank of Pakistan would receive back third and last disbursement today in its account amounting to $ 300 million.
It will shore up forex reserves of Pakistan.
AlhamdoLilah!— Ishaq Dar (@MIshaqDar50) April 14, 2023
