Tag

Bank Loan

Browsing

Pakistan has returned $1 billion to Saudi Arabia as the second instalment of a $3 billion soft loan, as Islamabad reaches out to Beijing for a commercial loan to help it offset pressure to repay another $1 billion to Riyadh next month, Pakistan media quoting officials reported. Quoting analysts, a report published by a Pakistan based news organisation Dawn, said that it is unusual for Riyadh to press for the return of money. Earlier this…