China grants another 5bn Yuan on emergency grounds

Updated 30 Oct, 2022

ISLAMABAD: China on Saturday took an important decision of further donating 5 billion Yuan to Pakistan on emergency grounds.

According to the sources, the additional amount will be given for the restoration and renovation in the flood-struck areas of Pakistan.

China pledges over $90m for flood-hit Pakistan

China has informed Pakistan about their grant of the additional emergency funds. A Memorandum of Understanding (MoU) was signed by Prime Minister Shehbaz Sharif during his China tour. China announced the grant of 3 billion Yuan in September, 2022.

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