Pakistan likely to receive $1 billion grant

Pakistan likely to receive $1 billion grant

ISLAMABAD – Minister for Planning and Development Makhdoom Khusro Bakhtiar has revealed that Pakistan is expected to receive grant of $1 billion from China in three years.

According to details, Pakistan will get assistance from China to start operation of four economic zones, he said. Four economic zones will help to boost trade volumes in order to trim trade deficit by $9 billion dollars, Khusro stated..

The minister informed that about 100 Chinese companies will visit Pakistan soon.

He added that in February, Pakistan and China joint working group is also likely to start working on agriculture.