China Gave Pakistan Big Aid Package

Pakistan has received a big package of aid from its all-weather ally, China, Prime Minister Imran Khan said but will not reveal the quantum of financial support as President Xi Jinping has asked him not to reveal it, as per sources.

Mr Khan made his maiden visit to Beijing earlier this month and met President Xi and Premier Li Keqiang and other Chinese leaders and sought aid to overcome the financial woes faced by his cash-strapped government.

Unlike Saudi Arabia, which has announced a USD 6 billion aid package to Pakistan, Beijing has not revealed the quantum of its financial aid to Islamabad.
Mr Khan, whose government is currently negotiating a bailout package with the International Monetary Fund, appeared confident that Pakistan’s economy will overcome the current difficulties by next year.