Finance ministry denies IMF bailout will be used to repay Chinese loans

Pakistan on Wednesday dismissed US concerns that any new International Monetary Fund bailout would be used to repay Chinese debt as “totally wrong”. Pakistan’s economy has hit severe turbulence over the past year and most analysts expect the nuclear-armed nation to seek a bailout, either from the IMF or closest ally China, to avoid a...

from Samaa Digital https://ift.tt/2n2G6q9

No comments:

Post a Comment

Main Post

Watch: What to know as Genoa bridge disaster trial ends

More than 50 defendants have been on trial in Italy over the 2018 bridge collapse which killed 43 people. from BBC News https://ift.tt/bKS...