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In his letter, Caretaker Prime Minister Anwaarul Haq Kakar expressed gratitude to China for its financial assistance to Pakistan during its economic crisis, as the cash-strapped country has secured a safe deposit of a total of USD 4 billion in loans from China. - Pakistan Economic Crisis: Cash-strapped Nation Seeks USD 2 Billion Loan From China
Under crisis, Pakistan has received USD 700 million from the International Monetary Fund (IMF) as part of its ballout programme, Geo News reported quoting State Bank of Pakistan (SBP) governor Jameel Ahmed on Wednesday.
Ropharma (RPH.RO), a pharmacy chain owned by entrepreneur Mihai Miron, said in a stock market report on October 26 that it had called its shareholders to vote on contracting a credit facility of EUR2 million from ING Bank.
Port operator Socep Constanta (SOCP.RO) has approved a loan it will take out from BRD- Groupe Société Générale (BRD.RO) to continue the investment in building a grain terminal, i.e., to complete the “Phase 2 construction of grain terminal with silo and ship loader in Constanta Port”.