ISLAMABAD 17 June (Online): The finance minister Ishaq Dar has claimed that Shell Petroleum Company is not leaving Pakistan and not closing business in Pakistan.
Dar later explained that the company is selling its shares to another international investor.
He expressed these views during a press conference on Saturday in Islamabad.
Finance minister said Pakistan will soon receive one billion dollars loan from China.
He said Pakistan repaid one billion dollars of China Development Bank and 300 million dollars of Bank of China this month. He said Pakistan was not charged with any fine for early repayment.
The Minister said after repayment of loans Pakistan received one billion dollars loan from China Development Bank on Friday. He said Pakistan will also receive 300 million dollars from Bank of China in coming few days.
He reiterated the government’s resolve to ensure timely payment of all external liabilities.
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