Pakistan borrows the second loan of ____________ from ICBC China on January 15?
Correct answer: B. $500 million
- A. $300 million
- B. $500 million
- C. $600 million
- D. $800 million
Explanation
Pakistan obtained a second $500 million loan from China’s Industrial and Commercial Bank of China, or ICBC. The amount is part of the borrowing used to support Pakistan’s external financing needs.
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