current affairs MCQ #5095

In 2023, Pakistan signed an agreement to restructure bilateral debt with which major creditor country to ease its financial crisis?

current affairs MCQ #5095

  1. Question 1

    Q1. In 2023, Pakistan signed an agreement to restructure bilateral debt with which major creditor country to ease its financial crisis?

    • A) United States
    • B) China
    • C) Saudi Arabia
    • D) United Kingdom

    Answer: China

    Explanation: China agreed to roll over and restructure bilateral loans to Pakistan in 2023 as part of efforts to ease the country's acute balance-of-payments crisis.