Summary of 2 Billion 400 million dollars loan from China approved

The federal cabinet approved a summary of 2 Billion 400 million dollars loan from China to Pakistan by the finance ministry.

The federal cabinet agreed to obtain the loan through a short circular, which indicated that the loan from China would be for a period of three years.  The loan of  2 Billion 400 million dollars will be available at a margin of one per cent.  The loan will be available under the 2019 agreement.