Pakistan seek debt relief from China, Pakistan bond falls amidst negotiations
Edited By WION Video Desk
Published: Jul 26, 2024, 24:00 IST | Updated: Jul 26, 2024, 24:00 IST
Pakistan formally requested China to restructure its debt. This comes as outstanding dues for power projects increased by 44% to $410billion. Pakistan's Finance Minister had arrived in Beijing on Thursday to engage in crucial talks on debt relief and structural reforms proposed by International Monetary Fund.
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