Pakistan's Finance Minister in Beijing to Seek Debt Relief, Say Sources

July 25, 2024, 09.52 PM | Source: Reuters
Pakistan's Finance Minister in Beijing to Seek Debt Relief, Say Sources

ILUSTRASI. A trader counts Pakistani rupee notes at a currency exchange booth in Peshawar, Pakistan.

BILATERAL COOPERATION - ISLAMABAD. Pakistani Finance Minister Muhammad Aurangzeb arrived in Beijing on Thursday for talks on power sector debt relief alongside structural reforms suggested by the International Monetary Fund, two government sources said.

He held a meeting with his Chinese counterpart in Beijing, they said, and is leading a delegation, along with Power Minister Awais Leghari, that will discuss several proposals, including reprofiling nearly $15 billion in energy sector debt.

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