China supports 2 billion dollars to Pakistan

PAKISTAN, March 25: China has given the aid of 2 billion dollars to Pakistan. Pakistan, currently facing an economic crisis was given economic support by China.

With the deepening economic crisis in Pakistan, as the foreign exchange reserves decreased along with the extreme price increase, China has helped Pakistan with 2 billion dollars for 1 year to solve the crisis.

According to the Times of India, the amount was deposited in the central bank of Pakistan and is not stated as a loan. The help is expected to stabilize the economy of Pakistan.

Even though the International Monetary Fund (IMF) has prepared to help Pakistan's economy, the IMF loan has been delayed due to political instability in Pakistan.