ISLAMABAD -Pakistan likely to receive $2 billion loan on Monday, Sourceshave revealed.
China is expected to transfer as many as $2.1 billion loans to Pakistan onMonday, said sources privy to the development.
The draft agreement to be signed between the State Bank of Pakistan andChinese Bank has been finalized.
With the addition of $2.1 billion in the national exchequer, the foreignreserves are expected to reach over $17 billion.
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Earlier, on March 12, Pakistan had received $1 billion from United ArabEmirates (UAE), which would further improve its balance-of-paymentsituation. In a statement, Najeeb said the payment would also help improvethe foreign exchange reserves of the country.
