China requested to roll over $2bn deposits, Pakistan tells IMF

ISLAMABAD: Pakistan has informed the International Monetary Fund (IMF) that Islamabad had made a request to China for the rollover of $2 billion SAFE (State Administration of Foreign Exchange) deposits for another one-year period. Pakistan and IMF hold virtual parleys for moving towards a striking staff-level agreement “We have already made the request to the Chinese side for granting rollover of $2 billion SAFE deposits, which is going to mature by end of the ongoing month,” top official sources confirmed to The News on Monday.

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