Know why China repeatedly helps Pakistan?
Saturday - March 23, 2019 11:27 am ,
Category : WTN SPECIAL
Pakistan succeeds in receiving 2.1 billion dollar financial assistance from China
China’s diplomatic conspiracy together with Pakistan to encircle India
MAR 23 (WTN) - As you know, China periodically keeps supporting Pakistan. Recently, in order to stop India's efforts to declare Masood Azhar as a global terrorist, in the United Nations Security Council, China succeeded in stopping Indian’s attempts to make Pakistan happy. Right now once again, China has come forward to favor Pakistan, shelters terror and terrorists, to overcome the financial crisis. Pakistan, which is facing cash problem, will get a loan of $ 2.1 billion from China till March 25.
According to the information from the Pakistan media, as per Khakkan Najib Khan, Pakistan's Finance Ministry consultant and spokesman, all the formalities have been completed for $ 2.1 billion loan received from China. For your information, let you know that the amount of loan received by Pakistan is approximately Rs 14,500 crores in Indian rupees.
This amount, granted by China to Pakistan, will be deposited in the State Bank of Pakistan account by March 25. The Financial experts have said that the financial assistance from China will strengthen Pakistan's foreign exchange reserves and ensure the balance of payment stability. It is not that after Pakistan’s miserable economic condition, only China has funded it, but before China, Saudi Arabia and the United Arab Emirates have also given one-one billion dollars of assistance each to Pakistan.
The role of this loan to Pakistan was made in November 2018, only when there was a meeting between Chinese Premier Li Keqiang and Pakistan's Prime Minister Imran Khan in Beijing. After that meeting, China had said, "China is ready to offer help to overcome Pakistan's financial crisis, and after discussions on the terms of assistance, it will be decided."
For your information, let you know that Pakistan currently has a loan equivalent to 27,000 billion rupees (27 lakh crore). Pakistan's financial condition has worsened so much that the properties of the ministries and related departments in Pakistan are being sold to strengthen their financial condition, which has been kept without any use.
Indeed, meanwhile in China, there is a Communist regime, but the reality is that China has always believed in utilizing the resources of the needy countries by granting financial help to them. In this episode, China is giving financial assistance to Pakistan with conditions. China is going to invest in different areas of Pakistan in lieu of lending to Pakistan, which will benefit Chinese traders.
According to the information, Pakistan's dependence on China is increasing at a time, when the US is gradually cutting down the financial aid given to Pakistan. In such a situation, China is gradually looting Pakistan in its trap. Here, China has made a strong hold on Pakistan due to its China-Pakistan Economic Corridor (CPEC) being built under its One Belt, One Road project, that is, it can be said that China has stuck Pakistan into its own scope, and in future, China will use Pakistan's land against India.
MAR 23 (WTN) - As you know, China periodically keeps supporting Pakistan. Recently, in order to stop India's efforts to declare Masood Azhar as a global terrorist, in the United Nations Security Council, China succeeded in stopping Indian’s attempts to make Pakistan happy. Right now once again, China has come forward to favor Pakistan, shelters terror and terrorists, to overcome the financial crisis. Pakistan, which is facing cash problem, will get a loan of $ 2.1 billion from China till March 25.
According to the information from the Pakistan media, as per Khakkan Najib Khan, Pakistan's Finance Ministry consultant and spokesman, all the formalities have been completed for $ 2.1 billion loan received from China. For your information, let you know that the amount of loan received by Pakistan is approximately Rs 14,500 crores in Indian rupees.
This amount, granted by China to Pakistan, will be deposited in the State Bank of Pakistan account by March 25. The Financial experts have said that the financial assistance from China will strengthen Pakistan's foreign exchange reserves and ensure the balance of payment stability. It is not that after Pakistan’s miserable economic condition, only China has funded it, but before China, Saudi Arabia and the United Arab Emirates have also given one-one billion dollars of assistance each to Pakistan.
The role of this loan to Pakistan was made in November 2018, only when there was a meeting between Chinese Premier Li Keqiang and Pakistan's Prime Minister Imran Khan in Beijing. After that meeting, China had said, "China is ready to offer help to overcome Pakistan's financial crisis, and after discussions on the terms of assistance, it will be decided."
For your information, let you know that Pakistan currently has a loan equivalent to 27,000 billion rupees (27 lakh crore). Pakistan's financial condition has worsened so much that the properties of the ministries and related departments in Pakistan are being sold to strengthen their financial condition, which has been kept without any use.
Indeed, meanwhile in China, there is a Communist regime, but the reality is that China has always believed in utilizing the resources of the needy countries by granting financial help to them. In this episode, China is giving financial assistance to Pakistan with conditions. China is going to invest in different areas of Pakistan in lieu of lending to Pakistan, which will benefit Chinese traders.
According to the information, Pakistan's dependence on China is increasing at a time, when the US is gradually cutting down the financial aid given to Pakistan. In such a situation, China is gradually looting Pakistan in its trap. Here, China has made a strong hold on Pakistan due to its China-Pakistan Economic Corridor (CPEC) being built under its One Belt, One Road project, that is, it can be said that China has stuck Pakistan into its own scope, and in future, China will use Pakistan's land against India.
