HomeEconomicsPakistan to repay $1bn loan Three days before: Report

Pakistan to repay $1bn loan Three days before: Report

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  • According to reports, Jameel Ahmad, the governor of the State Bank of Pakistan (SBP), stated that Pakistan would pay back a $1 billion international bond on December 2, which is three days before its due date on December 5.
  • He noted that both international and bilateral sources have been used to secure the money, which will include an immediate infusion of $500 million from the Asian Infrastructure Investment Bank next week.

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