ISLAMABAD: Federal Minister for Finance and Revenue Senator Ishaq Dar said on Thursday that Chinese Export Import Bank (EXIM) has rolled over US$2.4 billion which were due in the next two fiscal years.
Chinese EXIM Bank has rolled over for 2 years principal amounts of following loans totalling US$ 2.4 billion which are due in next 2 fiscal years:
FY2023-24: US$1.2 billion
FY2024-25: US$ 1.2 billionPakistan will make interest payments only in both years.
— Ishaq Dar (@MIshaqDar50) July 27, 2023
In a tweet, the finance minister said that US$1.2 billion were due in fiscal year 2023-24 and US$1.2 billion in fiscal year 2024-25.
He said Pakistan will make interest payments only in both years.
