Islamabad :
The federal government has decided to borrow 5 billion from China, Russia and Kazakhstan. A 3 billion $ loan agreement will be reached on the occasion of Prime Minister Imran Khan’s visit to China while remaining 2 billion $ will be borrowed from russia and kazakhistan.
According to details, the federal government has decided to borrow 5 billion from China, Russia and Kazakhstan. China is expected to give 3 billion, Russia and Kazakhstan 2 billion in loans. Sources say that 3 billion in loans from China will be used to strengthen foreign exchange reserves, while 2 billion from Kazakhstan and Russia will be spend on ML One project .
According to sources in the Ministry of Finance, the Ministry of Economic Affairs has prepared a plan for borrowing. On the occasion of Prime Minister Imran Khan’s visit to China, a loan agreement of 3 3 billion will be reached. Sources said that a 2 2 billion agreement with Kazakhstan and Russia is also likely to be signed soon.
