Pakistan to request China to extend 30 billion yuan currency swap line, Finance Minister


ISLAMABAD (Tanveer Hashmi) Finance Minister Senator Aurangzeb has said that Pakistan will request an extension of the 30 billion yuan currency swap line with China in 2027 when it expires. It is expected to receive an answer from Washington within two months about the proposed 10 billion dollar exchange stabilization facility. That the journey of economic development is ongoing and Pakistan is moving towards a model of sustainable economic development. Production of major industries has improved. The current account benefited from steady growth in remittances and rising IT exports.



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