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China rolling over Pakistan’s USD 2 billion loan at reduced rate

Islamabad [Pakistan], June 13 (ANI): China has assured Pakistan of a rollover of over USD 2 billion at a much-reduced rate amid Islamabad’s ongoing economic hardship due to high inflation and a sharp rise in the import bill.
Beijing is doing so at a reduced interest rate, which is lower than even the loan that China has given to other countries, The News International newspaper reported citing a diplomatic communication r