Pakistan Receives USD 1 Billion Loan From China
Islamabad: In a major relief to the cash-strapped country, Pakistan received USD 1 billion from China, ARY News reported citing the State Bank of Pakistan."This is to inform you that USD 1 billion has been received from China," said the central bank in a brief message to journalists on Friday night.While the country is waiting for International Monetary Fund to release a loan from the bailout