With the arrival of an International Monetary Fund (IMF) team to gauge Islamabad’s capability to repay the escalating debt, Pakistan is contemplating options to seek a five-year extension in the tenor of Chinese Independent Power Producers' (IPPs) outstanding debt of $15.36 billion. A total of 21 IPP projects are going on in Pakistan under the China–Pakistan Economic Corridor (CPEC), including eight projects of coal, four projects of hydel power, eight wind power and one transmission line. The total outstanding debt of Chinese IPPs stands at $15.36 billion. Watch This episode How Major Gaurav Arya mocks Pakistan?

Pakistan forgets to pay back Chinese and Saudi Loan | Pakistan Debt Crises | IMF | International Monetary Fund | Chinese Power Plant In Pakistan | CPEC | Saudi Investment In Pakistan | Major Gaurav Arya | Majorly Right Major Gaurav Arya | Majorly Right

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