Pakistan request china for more time to pay back billion dollar loan. Headphones Recommended

According to The Frontier Post, Prime Minister Imran Khan has written a letter to Chinese Premier Li Keqiang on June 8 that July 23, 2021, was the date when Pakistan is supposed to return one billion dollars it had borrowed.
Imran Khan further stated that due to this support by China, "this deposit is contributing significantly easing pressure on our external account."
He requested that another 12 months be given to Pakistan to pay back this loan at an interest rate of one percent, according to The Frontier Post.
Earlier, a bankrupt Pakistan's debt problems escalated when China declined to restructure USD 3 billion in liabilities.

Topic discussed ;
CPEC
Pakistan request china for more time
Pakistan Economy
Pakistan donkey population
Pakistan ISPR reality show
Imran khan economic plan
Pakistan loan debt
Pakistan debt trap

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