In light of the current economic crisis, Pakistan requested assistance from the Bank of China on Tuesday to restore the country’s economic stability.
Federal Minister for Finance and Revenue Ishaq Dar held a virtual discussion with Bank of China President Liu Jin in the Finance Division, during which he updated Jin on the financial and fiscal difficulties inherited by the current administration.
During the meeting, the finance minister attempted to persuade them to expand commercial ties with Islamabad to strengthen economic and financial ties.
According to a statement issued by the Ministry of Finance, Dar stated that working with the Bank of China has always been a pleasure and that Pakistan has enjoyed “good financial dealings” with the bank.
The finance minister also discussed the recent visit of Prime Minister Shehbaz Sharif to China and how the Chinese leadership reciprocated his warm feelings.
While discussing the long-standing and enduring links between the governments of both nations, Dar expressed gratitude to the president of the Bank of China for his unwavering support of Pakistan during difficult times.