{"id":40025,"date":"2018-07-08T10:30:34","date_gmt":"2018-07-08T05:30:34","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=40025"},"modified":"2018-07-09T09:24:10","modified_gmt":"2018-07-09T04:24:10","slug":"china-lends-pakistan-usd-1-billion-to-boost-forex-reserves","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/china-lends-pakistan-usd-1-billion-to-boost-forex-reserves.html","title":{"rendered":"China lends Pakistan USD 1 billion to boost Forex reserves"},"content":{"rendered":"

Islamabad: China has lent Pakistan USD 1 billion to uplift the country\u2019s foreign currency reserves, according to a news source. During last week alone, the country\u2019s foreign currency reserves plunged to USD 9.66 billion from USD 16.4 billion in May 2017.<\/p>\n

This lending has come after negotiations for loans worth USD 1-2 billion. With this loan, China\u2019s lending to Pakistan will reach USD 5 billion. During the first 10 months of the current fiscal year, China lent Pakistan a total of USD 1.5 billion in terms of bilateral loans and also received USD 2.9 billion in commercial bank loans, mostly from Chinese banks.<\/p>\n","protected":false},"excerpt":{"rendered":"

Islamabad: China has lent Pakistan USD 1 billion to uplift the country\u2019s foreign currency reserves, according to a news source. During last week alone, the country\u2019s foreign currency reserves plunged to USD 9.66 billion from USD 16.4 billion in May 2017. This lending has come after negotiations for loans worth USD 1-2 billion. With this loan, China\u2019s lending to Pakistan will reach USD 5 billion. During the first 10 months of the current fiscal year, China lent Pakistan a total of USD 1.5 billion in terms of bilateral loans and also received USD 2.9 billion in commercial bank loans, mostly from Chinese banks.<\/p>\n","protected":false},"author":60,"featured_media":40026,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[103,7355,5668],"persona":[],"class_list":{"0":"post-40025","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-china","8":"tag-lends-pakistan","9":"tag-usd"},"acf":[],"yoast_head":"\nChina lends Pakistan USD 1 billion to boost Forex reserves - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: China has lent Pakistan USD 1 billion to uplift the country\u2019s foreign currency reserves, according to a news source. 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