SBP to receive 3rd disbursement of $300m from China today

Islamabad, April 14, 2023 (PPI-OT): Finance Minister Ishaq Dar says the State Bank of Pakistan would receive back third and last disbursement today in its account amounting to 300 million dollars from Industrial and Commercial Bank of China. In a tweet on Friday, he said the amount is out of Chinese Bank’s approved facility of 1.3 billion dollars, which was earlier repaid by Pakistan. The finance minister said it will shore up forex reserves of Pakistan.

For more information, contact:

Ministry of Information and Broadcasting

Government of Pakistan

4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan

Tel: +92-51-9103557

Email: info@moib.gov.pk

Website: http://www.moib.gov.pk

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