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

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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.”

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