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China Rolls Over $600m loan to Boost Pakistan’s Reserves : PM Shehbaz

Editor Isb by Editor Isb
May 14, 2025
in National
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China Rolls Over $600m loan to Boost Pakistan’s Reserves : PM Shehbaz
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Prime Minister Shehbaz Sharif announced that Pakistan’s economic indicators are showing improvement, thanks to the assistance provided by friendly countries.

Yesterday, China extended a rollover of 600 million dollars to Pakistan, contributing to the country’s increased reserves.

Speaking at a ceremony held in Islamabad, Prime Minister Shehbaz Sharif expressed his appreciation for the efforts of the youth in raising Pakistan’s profile globally, particularly in the field of sports.

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He acknowledged the limited resources available but emphasized the remarkable achievements of Pakistani athletes and extended gratitude to those who have brought honor to the nation.

The Prime Minister disclosed that a substantial amount of 5 billion rupees has been allocated to the sports sector, highlighting the government’s commitment to supporting the youth.

He also extended congratulations to the parents and coaches of the successful players, emphasizing that Pakistan will progress through the hard work and determination of its young generation.

(Islamabad51-Newsdesk)

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