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Pakistan’s foreign exchange reserves cross $20B, highest in three years

Pakistan’s foreign exchange reserves cross $20B, highest in three years

The last time Pakistan’s total reserves crossed the $21 billion mark was in March 2022

Pakistan grants tax exemptions on $3.3B in foreign loans, mostly from Chinese banks

Pakistan grants tax exemptions on $3.3B in foreign loans, mostly from Chinese banks

Sweeping tax waivers granted on $3.3B in loans to meet Chinese banks’ terms; ADB guarantee backs refinancing