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pakistan plans to expand swap line with china awaits us financial decision
  • Business

Pakistan Plans to Expand Swap Line with China, Awaits US Financial Decision

S Bhinder2 months ago03 mins

Pakistan aims to expand its swap line with China as it awaits a response from the US regarding a proposed $10 billion exchange stabilization facility. Finance Minister Muhammad Aurangzeb highlighted the importance of foreign financing for the country’s economic stability, while addressing concerns about rising oil prices due to ongoing Middle East conflicts.

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