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China, Saudi Arabia and UAE ensure Pakistan extension in debt return

Islamabad: There is a good news for Pakistan economy as three countries have ensured Pakistan for extension in the debt period.

Saudi Arabia, China and United Arab Emirates have ensured the Shahbaz led coalition government they will extend a hiatus of the debt return.

Pakistan has to Rs 5 billion dollars to Saudi Arabia while it also has to pay 4 billion dollars to China.

Another gulf country UAE has due payment on Pakistan of three billion dollars.

Pakistan is also under the debt burden of whopping three billion dollars given by UAE.