Asked in a 2019 paperFairly easy

Which Country has agreed in Feb 2019 to provide $2.5 billion loan to Pakistan to boost official foreign exchange reserves?

Correct answer: B. China

  • A. Tajikistan
  • B. China
  • C. Turkey
  • D. Japan

Explanation

China agreed to provide Pakistan with a $2.5 billion facility to strengthen its foreign-exchange reserves during a period of balance-of-payments pressure. This was part of broader financial support from Beijing to Islamabad.

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