Cash-strapped Pakistan receives funds worth USD 700 million from China Development Bank

Islamabad [Pakistan], February 25 (ANI): Pakistan Finance Minister Ishaq Dar on Friday said that the State Bank of Pakistan (SBP) has received USD 700 million from China Development Bank (CDB). This comes as a much-needed boost to the country's forex reserves as the country suffers from an economic crisis, Pakistan based The Express Tribune Newspaper reported.

Dar took to his Twitter to make the announcement. He wrote: "A