Day: June 18, 2022

Pakistan Following Sri Lanka’s Path Into Chinese Debt Trap: Report

The fragile economy of Pakistan experienced another setback when it was recently China demanded a repayment, in November 2023, from USD 55.6 million for the Lahe Orange Line project, reported Italian publication Osservatorio Globalizzie. Meanwhile, at the end of March, foreign exchange reserves held by Pakistani State Bank fell by USD 2,915 billion, due to […]

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