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China “agrees” to transfer $2 billion in debt to Pakistan.

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ISLAMABAD China has “agreed” to roll over a $2 billion loan to Pakistan, according to sources cited by ARY News, which is a big milestone.

Sources inside the ministry of finance claim that the $2 billion loan will be rolled over under the current terms prior to its maturity date.

Less than 2 percent interest will be charged on the $2 billion in Chinese debt that is being deposited, according to sources.

According to reports, the $2 billion debt’s maturity period will conclude on March 23, 2024, and an additional $2 billion will be rolled over for a year.

It is important to note that as of the end of November in FY2023–24, Pakistan’s overall debt load was at an astounding Rs 63,399 trillion.

Over Rs12.430 trillion more was borrowed by the nation during the PDM and caretaker government’s mandate.

With domestic loans totaling Rs40.956 trillion and foreign loans totaling Rs22.434 trillion, Pakistan’s total debt load increased to Rs63.390 trillion.

China postponed paying Pakistan’s $2 billion debt for two years, starting in July 2023. Regarding the delay in debt recovery, Pakistan received an official letter from China Eximbank.

Pakistan will return the debt in accordance with the terms of the deal with China and was also spared from paying extra interest on the loan. According to further sources, all 31 loan agreements were extended over the original date of July 21, 2023, to June 30, 2025.

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CM Maryam resolved to avert tragedies like May 9.

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On Thursday, Punjab Chief Minister Maryam Nawaz resolved to prevent similar events like May 9.

On the occasion of the May 9 anniversary, CM Maryam stated, “The May 9 mayhem is the blackest chapter in the country’s history.” Even the opponents cannot replicate what those seeking power did on May 9.”

CM Maryam insisted: “Those who attempted to weaken the country have been exposed. They [the May 9 perpetrators] do not deserve to be forgiven for causing harm to the country for political purposes.”

“Those who have maligned the martyrs are not aware of their [martyrs] status,” she explained.

The nation will not forgive the perpetrators of the May 9 attacks. Shehbaz Sharif —

Prime Minister Shehbaz Sharif declared earlier today that the nation will not forgive anyone responsible for the May 9 vandalism.

According to the information, the premier presided over a special meeting of the federal cabinet. The Prime Minister brought up the May 9 disturbances on this occasion. “Despite the passing of one year, the people of the country have not forgotten their culprits,” he added.

PM Shehbaz stated, “May 9th is not only the saddest day in the country’s history. However, it is also a day of philosophical disputes.”

Asif said, “On one side are the heroic sons, their families, and the patriotic masses. On the other side, there are people who have nothing to do with the national interest.”

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The nation will not forgive the culprits of May 9: Shehbaz Sharif

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Prime Minister Shehbaz Sharif warned on Thursday that the nation will not forgive anyone responsible for the May 9 vandalism.

According to the information, the premier presided over a special meeting of the federal cabinet. The Prime Minister brought up the May 9 disturbances on this occasion. “Despite the passing of one year, the people of the country have not forgotten their culprits,” he added.

PM Shehbaz stated, “May 9th is not only the saddest day in the country’s history. However, it is also a day of philosophical disputes.”

Asif said, “On one side are the heroic sons, their families, and the patriotic masses. On the other side, there are people who have nothing to do with the national interest.”

  • Aleem Khan, all praise for martyrs on May 9-

On the first anniversary of the May 9 vandalism, federal Minister for Privatization Aleem Khan paid tribute to the country’s martyrs.

Aleem Khan stated, “I have a lot of respect for the Pakistan Army. The country exists because of its strong and powerful army.”

The president of the Istehkam-e-Pakistan Party (IPP) praised the country’s martyrs’ sacrifices.

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An NA speaker describes May 9 as the darkest day in the country’s history.

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On Thursday, National Assembly Speaker Ayaz Sadiq declared that May 9 will be regarded as the darkest day in the country’s history.

Sadiq condemned the events that occurred on May 9, last year, saying: “The enraged group had attacked military installations.”

He stated: “The attack was an attempt to weaken the institutions and challenge the writ of the state.”

He further stated: “The violent activities under the guise of the protest cannot be tolerated.”

“Any attempt to weaken the country is unacceptable. Sadiq claimed that one party and one individual had destroyed the country in order to achieve their wicked goals.

Sadiq argued that: “Any matter can be resolved by sitting in the parliament and holding talks.”

He continued: “There is a need to make joint efforts to bid farewell to the politics of division and hatred.”

“Anarchy, imbroglio are the biggest obstacles to the development of the country,” he continued.

He stated that “It is deplorable to launch a maligning campaign against the state institutions.”

“The May 9 culprits will have to be answerable according to the law,” according to him.

Sadiq urged all political parties to promote democratic principles.

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