Islamabad: Minister for Finance Mohammad Ishaq Dar today (Wednesday) said Board of China Development Bank has approved the facility of 700 million dollars for Pakistan.
In a tweet today, he said formalities have been completed in this regard.
Formalities completed and Board of China Development Bank has approved the facility of US $ 700 million for Pakistan. This amount is expected to be received this week by State Bank of Pakistan which will shore up its forex reserves!
— Ishaq Dar (@MIshaqDar50) February 22, 2023
The Minister said this amount is expected to be received this week by State Bank of Pakistan which will shore up its forex reserves.