News Snapshot:
New Delhi: China has again bailed out its all-weather ally Pakistan as it has reportedly agreed to immediately provide a whopping $1.5 billion support to repay the $2 billion Saudi Arabia debt. Out of $2 billion, Pakistan is now set to return the $1 billion soon, leading Pak daily Express Tribune reported quoting sources in the finance ministry and the State Bank of Pakistan (SBP). The remaining $1 billion is due in January, Tribune reported. However, this time around, China has not given the loan from its State Administration of Foreign Exchange, commonly known as SAFE deposits, nor has it...
