The State Bank of Pakistan confirmed having received the amount from China without sharing any other details about it. It would add to the reserves which had fallen to almost $3.9 billion in recent weeks. Pakistan's economy is tethering on the verge of default as the IMF is pushing the county to its limits to fulfil demands to provide the remaining $2.5 billion out of a bailout package of $6.5 billion agreed in 2019.The State Bank of Pakistan confirmed having received the amount from China without sharing any other details about it. It would add to the reserves which had fallen to almost $3.9 billion in recent weeks. Pakistan's economy is tethering on the verge of default as the IMF is pushing the county to its limits to fulfil demands to provide the remaining $2.5 billion out of a bailout package of $6.5 billion agreed in 2019.
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