Pakistan Today
China’s decision to extend Pakistan’s $2 billion loan repayment by a year offers momentary relief to an economy grappling with external debt and foreign exchange constraints. This move ensures short-term stability, preventing immediate financial strain on the rupee and helping maintain foreign exchange reserves. However, policymakers in Islamabad must recognize that such rollovers are temporary [……
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A lifeline, not a solution
Editorial
00:24
China’s decision to extend Pakistan’s $2 billion loan repayment by a year offers momentary relief to an economy grappling with external debt and foreign exchange constraints. This move ensures short-term stability, preventing immediate financial strain on the rupee and helping maintain foreign exchange reserves. However, policymakers in Islamabad must recognize that such rollovers are temporary
