London: Pakistan will seek an expansion of its 30 billion yuan swap line with China when the facility expires in 2027, Finance Minister Muhammad Aurangzeb said, adding he expects a U.S. response on a proposed $10 billion exchange stabilisation facility within two months.
Pakistan remains reliant on external financing to bolster foreign exchange reserves and meet debt repayments, making support from China, Gulf states and multilateral lenders key to maintaining economic stability and investor confidence.
