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Ministry of Economic Affairs reported that during the July-January period of fiscal year 2020-21, the government obtained USD 6.7 billion in external loans from multiple financing sources.(AFP/For Representational Purposes Only)

Pakistan's debt continues to mount, owes $6.7 billion to foreign lenders: Report

ANI | , Islamabad
UPDATED ON FEB 28, 2021 10:53 AM IST
In January alone, the government received USD 960 million in foreign loans, including USD 675 million from commercial banks, which were the most expensive loans.
The Pakistani government has recently re-approached Chinese officials on the issue but no information has leaked out in the public domain on their exchanges. (Reuters/HT Archive)
The Pakistani government has recently re-approached Chinese officials on the issue but no information has leaked out in the public domain on their exchanges. (Reuters/HT Archive)

Pak caught in China's debt-trap diplomacy, seeks relief from 'iron ally': Report

ANI | , Islamabad
UPDATED ON FEB 25, 2021 08:41 AM IST
Pakistani officials are also reportedly asking their Chinese counterparts to decelerate agreed plans to build even more power plants that would add to the overcapacity problem.
In this picture released by Press Information Department, visiting Chinese foreign minister Wang Yi shakes hand with his Pakistani counterpart Shah Mahmood Qureshi prior to their meeting in Islamabad, Pakistan.(AP File Photo)
In this picture released by Press Information Department, visiting Chinese foreign minister Wang Yi shakes hand with his Pakistani counterpart Shah Mahmood Qureshi prior to their meeting in Islamabad, Pakistan.(AP File Photo)

Fearing debt trap, Pakistan rethinks Chinese ‘Silk Road’ projects

Islamabad | By Reuters
UPDATED ON SEP 30, 2018 10:32 AM IST
Resistance has stiffened under the new government of populist Prime Minister Imran Khan, who has voiced alarm about rising debt levels and says Pakistan must wean itself off foreign loans.
JeM chief Masood Azhar, a militant released from an Indian jail in 1999 in exchange for Indian airliner hostages, addresses a meeting of Pakistan's religious and political parties in Islamabad.(AFP File Photo)
JeM chief Masood Azhar, a militant released from an Indian jail in 1999 in exchange for Indian airliner hostages, addresses a meeting of Pakistan's religious and political parties in Islamabad.(AFP File Photo)

‘No consensus’: China defends blocking India’s bids to declare Masood Azhar global terrorist

Washington | By Press Trust of India
UPDATED ON SEP 29, 2018 02:19 PM IST
JeM chief Masood Azhar is accused of several deadly terrorist attacks in India, including one on the Uri military base in Kashmir in 2016 in which 17 security personnel were killed.
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