Pakistan Seeks Additional $1.4 Billion Loan From China Amid Ongoing Financial Crisis
Edited By WION Video Desk
Published: Oct 27, 2024, 23:35 IST | Updated: Oct 27, 2024, 23:35 IST
Pakistan is seeking an additional $1.4 billion loan from China as it grapples with a severe financial crisis. This request highlights the country's reliance on external financial support to stabilize its economy amidst rising inflation and dwindling foreign reserves. The loan aims to help meet urgent fiscal needs and maintain essential services during a challenging economic period.
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