In April this year, Pakistan had shared a condition sheet for Chinese loans, seeking an interest rate of 1%. Islamabad: Pakistan has decided to apply for a $ 2.7 billion loan from China for the construction of Package I of the Mainline-1 project of the China Pakistan Economic Corridor (CPEC). …
Read More »Pakistan to request $ 2.7 billion loan from China for CPEC project
Pakistan has decided to apply for a $ 2.7 billion loan from China for the construction of Package I of the Mainline-1 project of the China Pakistan Economic Corridor (CPEC). Citing government officials, The Express Tribune reported that the sixth meeting of the ML-1 project funding committee, which includes the …
Read More »Pakistan plans a change in the state of Gilgit-Baltistan
The Pakistani government plans to make Gilgit-Baltistan the country’s fifth province, two years after the powers of the Islamabad-controlled region council were transferred to a local assembly. The government’s plans were outlined by the federal Minister for Kashmir and Gilgit-Baltistan Affairs, Ali Amin Gandapur, during an interaction with a group …
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