EAD rebuts news regarding plans for seeking $5bn loans from China, Russia, Kazakhstan

MG News | January 31, 2022 at 04:04 PM GMT+05:00

0:00

January 31, 2022 (MLN): In response to the news circulating on social media that Economic Affairs Division (EAD) has prepared a plan for obtaining $5 billion new loans from China, Russia and Kazakhstan, the ministry clarified that no such proposal is being under consideration.

In a clarification statement issued today, the Ministry of Economic Affairs said “No such proposal is under process in the Economic Affairs Division for obtaining $3 billion loans from China and $2 billion loans from Russia and Kazakhstan.”

Copyright Mettis Link News

Related News

OMO Result: SBP injects Rs13.4tr into market

Imports dip 8% MoM in February, transport, food lead gains

Breakup of trade data in February: PBS

Name	Price/Vol	%Chg/NChg
KSE100	153,866.17 113.04M	-0.36% -555.27
ALLSHR	92,322.41 289.91M	-0.18% -165.37
KSE30	47,054.02 67.50M	-0.57% -268.71
KMI30	220,139.18 52.42M	-0.81% -1787.82
KMIALLSHR	59,630.44 114.87M	-0.43% -258.98
BKTi	44,089.65 23.49M	-0.09% -38.05
OGTi	31,668.31 6.28M	-0.15% -47.11

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	71,320.00	74,210.00 70,200.00	675.00 0.96%
BRENT CRUDE	103.07	103.83 97.60	2.61 2.60%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-12.90 -11.49%
ROTTERDAM COAL MONTHLY	122.70	123.80 122.70	-1.10 -0.89%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	98.43	99.32 92.04	2.70 2.82%
SUGAR #11 WORLD	14.41	14.53 14.30	0.03 0.21%