This came during the fourth round of the Pakistani-Chinese strategic dialogue, which was held in Islamabad on Saturday at the level of delegations led by Pakistani Foreign Minister Baul Bhutto Zardari and his Chinese counterpart Chen Gang, currently visiting the Pakistan.
Zardari said during the joint press conference with his Chinese counterpart after the meeting that the two sides discussed in detail bilateral relations, ways to develop them in various fields, in addition to exchanging views on various issues. regional and international of common interest.
Pakistan and the International Monetary Fund have been conducting fiscal policy discussions under the review since last February, with the aim of making available $1.1 billion in troubled financing that was due to be disbursed in November in the part of a $6.5 billion program agreed in 2019.
Government measures pushed inflation to a record high of 36.4% in April.
China renewed its loans to Pakistan, or refinanced them.
The fund’s current program aims to disburse an additional $1.4 billion to Pakistan by the end of June.
Read the Latest World News Today on The Eastern Herald.
