Finance Minister Muhammad Aurangzeb will embark on a visit to China starting today, as Pakistan is seeking a rescheduling of $15bln loan from Beijing.
As per details, a joint working group will be established between Pakistan and China to facilitate the loan rescheduling, sources added.
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Additionally, discussions will address China’s energy circular debt, which currently amounts to Rs 480 billion.
The Finance Minister will also engage in talks regarding the Panda Bond. Pakistan aims to secure a $250 million Panda Bond during this visit.
