Amid protests over electricity prices, Pakistan seeks debt reprofiling with China
04 Aug 2024 13:19 PM IST
The Pakistan is seeking to reprofile over USD 27 billion in debt and liabilities with friendly nations, including China, Saudi Arabia, and the UAE, to secure a 37-month IMF bailout package. This effort aims to ease foreign exchange outflows and consumer tariffs in the energy sector, as reported by Dawn.