Islamabad (Web Desk): Finance Minister Ishaq Dar on Wednesday announced that the Board of China Development Bank (CDB) has approved a $700 million facility for Pakistan.
In a post on Twitter, the finance minister wrote that the amount is expected to be received this week by State Bank of Pakistan (SBP) which will shore up its forex reserves.
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
