{"id":1399,"date":"2026-02-19T10:06:01","date_gmt":"2026-02-19T10:06:01","guid":{"rendered":"https:\/\/www.worldwatchalert.com\/?p=1399"},"modified":"2026-02-19T10:06:02","modified_gmt":"2026-02-19T10:06:02","slug":"pakistan-settles-700m-cdb-loan-ahead-of-imf-review","status":"publish","type":"post","link":"https:\/\/www.worldwatchalert.com\/?p=1399","title":{"rendered":"Pakistan Settles $700m CDB Loan Ahead Of IMF Review"},"content":{"rendered":"\n<p><strong>ISLAMABAD:<\/strong> Pakistan has repaid $700 million against a commercial loan obtained from China, resulting in a decline in the foreign exchange reserves of the State Bank of Pakistan to $15.5 billion, according to financial sources.<\/p>\n\n\n\n<p>Reports said the payment was made to the China Development Bank, which had earlier rolled over the same facility for three years.<\/p>\n\n\n\n<p>Government sources indicated that another $1 billion loan from the CDB is maturing in June, and authorities are considering early repayment in hopes of securing refinancing before the end of the current fiscal year.<\/p>\n\n\n\n<p>The development comes ahead of a scheduled visit by a mission of the International Monetary Fund from February 25 to March 11. The review talks will focus on approval of a $1 billion tranche under the Extended Fund Facility as well as more than $200 million in climate financing.<\/p>\n\n\n\n<p>The IMF delegation is expected to spend the initial days in Karachi before commencing formal discussions with federal authorities from March 2.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Pakistan has repaid $700 million against a commercial loan obtained from China, resulting in a decline in the foreign exchange reserves of the State Bank of Pakistan to $15.5&hellip; <\/p>\n","protected":false},"author":1,"featured_media":948,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[1222,933,1192,102,67],"class_list":["post-1399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-chinese-loan","tag-foreign-exchange-reserves","tag-imf-programme","tag-pakistan-economy","tag-state-bank-of-pakistan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - 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