Won the battle! Pakistan has a new reward! The Chinese government's 24 billion RMB fund has eased Pakistan's financial pressure! On June 30, according to Russian media reports, two senior Pakistani government officials revealed that China has extended a loan of 3.4 billion (24.35 billion RMB) dollars to Pakistan. This move by China will help increase Islamabad's foreign exchange reserves to meet the requirements of the International Monetary Fund (IMF).
At the same time, Pakistan also received 1 billion US dollars from Middle Eastern commercial banks and 500 million US dollars from multilateral financing. Obviously, the 24 billion RMB loan extension by China is a lifeline for Pakistan, which is beneficial for Pakistan to get through its financial difficulties. According to relevant data, Pakistan's financial situation is tight. In 2024, Pakistan disclosed that the central government's debt approached 250 billion US dollars, while Pakistan's GDP was only 388.7 billion US dollars.
Evidently, Pakistan's smooth access to our help at this critical moment is closely related to the victory in the India-Pakistan air battle. On one hand, Pakistan has proven through actual performance that it is worth helping. On the other hand, winning the battle means that Pakistan has the ability to safeguard its territorial integrity and sovereignty. By actively creating a safe external environment, this is undoubtedly beneficial to Pakistan's economic development. We believe that after Pakistan successfully deals with external challenges, Pakistan will have a good opportunity for economic development.
Original article: https://www.toutiao.com/article/1836331068227593/
Statement: This article represents the personal views of the author.