{"id":67370,"date":"2020-07-03T09:15:00","date_gmt":"2020-07-03T04:15:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=67370"},"modified":"2020-07-02T17:33:40","modified_gmt":"2020-07-02T12:33:40","slug":"pakistan-gets-usd-1-3bn-loan-from-chinese-banks","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pakistan-gets-usd-1-3bn-loan-from-chinese-banks.html","title":{"rendered":"Pakistan gets USD 1.3bn loan from Chinese banks"},"content":{"rendered":"\n<p>Karachi: The State Bank of Pakistan (SBP) on Tuesday announced receiving USD 1.3 billion \u2013 in Government of Pakistan (GoP) loan disbursements \u2013 from Chinese banks which have resulted in boosting its cash inflow, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/demand-for-pakistani-marble-in-china-increases.html\" target=\"_blank\" rel=\"noreferrer noopener\">Demand for Pakistani marble in China increases; annual import reaches 100,000 tonnes<\/a><\/p>\n\n\n\n<p>This loan from Chinese Banks has brought the total volume of the SBP\u2019s official inflows (received since June 23) to a high sum of over USD 3 billion, read the official statement issued by the central bank on Twitter.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/chinese-medical-team-visits-ncoc-anti-covid-19-pandemic-measures.html\" target=\"_blank\" rel=\"noreferrer noopener\">Chinese medical team visits NCOC, discusses anti-COVID-19 pandemic measures<\/a><\/p>\n\n\n\n<p>Previously, on June 4, the<a href=\"https:\/\/www.zameen.com\/news\/sbps-foreign-exchange-reserves-rise-2-15-one-week.html\" target=\"_blank\" rel=\"noreferrer noopener\"> SBP <\/a>had received USD 1 billion and USD 500 million from the World Bank and Asian Development Bank, respectively \u2013 delivered to help the country battle its local novel coronavirus outbreak, as well as its fresh bout of economic uncertainties. The latter bolus comes as part of the ADB COVID-19 Active Response and Expenditures Support (CARES) initiative.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The State Bank of Pakistan (SBP) on Tuesday announced receiving USD 1.3 billion \u2013 in Government of Pakistan (GoP) loan disbursements \u2013 from Chinese banks which have resulted in boosting its cash inflow, according to news sources. Read: Demand for Pakistani marble in China increases; annual import reaches 100,000 tonnes This loan from Chinese Banks has brought the total volume of the SBP\u2019s official inflows (received since June 23) to a high sum of over USD 3 billion, read the official statement issued by the central bank on Twitter. Read: Chinese medical team visits NCOC, discusses anti-COVID-19 pandemic measures Previously, on June 4, the SBP had received USD 1 billion and USD 500 million from the World Bank and Asian Development Bank, respectively \u2013 delivered to help the country battle its local novel coronavirus outbreak, as well as its fresh bout of economic uncertainties. The latter bolus comes as part of the ADB COVID-19 Active Response and Expenditures Support (CARES) initiative.<\/p>\n","protected":false},"author":75,"featured_media":63188,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016],"tags":[24453,33530,21890],"persona":[],"class_list":{"0":"post-67370","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"tag-asian-development-bank-adb","9":"tag-pakistan-gets-usd-1-3bn-loan-from-chinese-banks","10":"tag-world-bank-wb","11":"cat-15016-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pakistan gets USD 1.3bn loan from Chinese banks - Zameen News<\/title>\n<meta name=\"description\" content=\"The State Bank of Pakistan (SBP) on Tuesday announced receiving USD 1.3 billion \u2013 in Government of Pakistan (GoP) loan disbursements \u2013 from Chinese banks\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pakistan-gets-usd-1-3bn-loan-from-chinese-banks.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pakistan gets USD 1.3bn loan from Chinese banks - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The State Bank of Pakistan (SBP) on Tuesday announced receiving USD 1.3 billion \u2013 in Government of Pakistan (GoP) loan disbursements \u2013 from Chinese banks\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pakistan-gets-usd-1-3bn-loan-from-chinese-banks.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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