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China announces $500 million in aid to Pakistan: Tarin

November 13, 2008

Adviser to the Prime Minister on Financial Affairs, Shaukat Tareen has said that China has announced to provide $500 million in aid to Pakistan. Talking to newsmen outside the Parliament House on Thursday, he said that the government is expecting five to six billion dollars at the lowest interest rate in the next month. He said that IMF could offer loan on four per cent interest rate. Tarin further said, “We need to undertake some difficult decisions to improve the economic situation of the country.”

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