Pakistan is trying to get a $3.3 billion loan from Chinese banks, including a $2 billion syndicated loan and a $1.3 billion refinancing of an earlier repaid commercial loan. The agreements are expected to be finalized on June 30, 2025.
A consortium of Chinese banks will provide the $2 billion syndicated loan for a three-year term. The $1.3 billion refinancing will come from the Industrial and Commercial Bank of China (ICBC).
If disbursed on time, the loans could push the State Bank of Pakistan’s foreign exchange reserves beyond $14 billion.
In rupee terms, the loans would inject approximately Rs. 924 billion into the economy.
Separately, data from the Economic Affairs Division shows that Saudi Arabia provided $100 million in May 2025 for an oil facility, though its specific use remains unconfirmed.
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