Sunday, May 26, 2024
ADVT 
International

Imran Khan Says China Gave Pak 'Big' Aid Package, But Won't Reveal Amount

Darpan News Desk IANS, 16 Nov, 2018 02:34 PM
    Imran Khan made his maiden visit to Beijing earlier this month and met President Xi and Premier Li Keqiang and other 
     
     
    Pakistan has received a "big" package of aid from its all-weather ally, China, Prime Minister Imran Khan said Friday, but will not reveal the quantum of financial support as President Xi Jinping has asked him not to reveal it, a media report said.
     
     
    Mr Khan made his maiden visit to Beijing earlier this month and met President Xi and Premier Li Keqiang and other Chinese leaders and sought aid to overcome the financial woes faced by his cash-strapped government.
     
     
    The Pakistan government is facing grave economic challenges as it struggles to avoid a financial crisis and keep the economy afloat.
     
     
    During an interaction with journalists at the PM House, Mr Khan said that Pakistan has received a "big" package of aid from China but will not reveal it, Geo News quoted Khan as saying.
     
     
    The Prime Minister said he did not want to reveal the quantum of aid from Beijing as other countries will start demanding more money from China, the report said.
     
     
    Chinese President Xi has asked him to not announce the quantum of financial support, the Geo News report quoted Imran Khan as saying.
     
     
    Unlike Saudi Arabia, which has announced a USD 6 billion aid package to Pakistan, Beijing has not revealed the quantum of its financial aid to Islamabad.
     
     
    After his talks with Mr Khan on November 3, Premier Li said China will provide the "necessary support" to Pakistan to tide over the present financial crisis.
     
     
    Speaking about his recent trip to China, Mr Khan said, "Concrete results of my visit are beginning to show. We are receiving all forms of aid from China and are satisfied."
     
     
    "No other previous premiers' tours to China were as successful as mine was," he claimed.
     
     
    Mr Khan, whose government is currently negotiating a bailout package with the International Monetary Fund, appeared confident that Pakistan's economy will overcome the current difficulties by next year.
     
     
    "The next three to six months are difficult but from next year onward our economic situation is going to improve significantly and we will be on the right track," he said.
     
     
    Commenting on the ongoing money laundering probe and the foreign assets owned by Pakistanis, Imran said, "We have traced USD 15 billion that was sent to Dubai from Pakistan."
     
     
    "Work is under way to bring back looted wealth," he added. "We have also signed agreements with Britain and Switzerland," he said.
     
     
    While speaking about his party Pakistan Tehreek-e-Insaf's decision to not give chairmanship of Public Accounts Committee to the Leader of the Opposition, Shehbaz Sharif, Mr Khan said, "Those facing corruption cases cannot be appointed PAC chairperson."
     
     
    "We will not appoint Shehbaz Sharif as PAC chairperson under any circumstances," he asserted.
     
     
    Shehbaz, the younger brother of former Prime Minister Nawaz Sharif and ex-chief minister of Punjab province, is currently in the custody of the National Accountability Bureau on charges of corruption linked to a housing scheme.

    MORE International ARTICLES

    Indian Ex-Tesla Employee Charged In Us$ 9.3 Mn Embezzlement Scheme

    Indian Ex-Tesla Employee Charged In Us$ 9.3 Mn Embezzlement Scheme
    A 32-year-old Indian man, a former employee at American electric car manufacturer Tesla, has been charged for allegedly stealing US$ 9.3 million from the company by falsifying financial documents to divert payments from one supplier to another.

    Indian Ex-Tesla Employee Charged In Us$ 9.3 Mn Embezzlement Scheme

    UK Police Officer Jailed For Killing Indian-Origin Shopkeeper Balvinder Singh

    UK Police Officer Jailed For Killing Indian-Origin Shopkeeper Balvinder Singh
    A police officer in the UK has been jailed for 18 months for causing the death of an Indian-origin shopkeeper by dangerous driving.

    UK Police Officer Jailed For Killing Indian-Origin Shopkeeper Balvinder Singh

    Most Pakistanis Don't Know What Internet Is: Survey

    Most Pakistanis Don't Know What Internet Is: Survey
    Around 69 per cent Pakistanis between the ages of 15 and 65 do not know what the internet is, an information communication technology (ICT)-based survey has revealed.

    Most Pakistanis Don't Know What Internet Is: Survey

    With A Statue, UK Honours Only Indian Aviator Hardit Singh Malik Who Survived World War 1

    With A Statue, UK Honours Only Indian Aviator Hardit Singh Malik Who Survived World War 1
    "Nearly 2 million Indian servicemen served in the First World War...Hardit Singh Malik initially failed to qualify for the Corps but went on to be the sole Indian aviator to emerge alive from the war," the FCO said in a statement.

    With A Statue, UK Honours Only Indian Aviator Hardit Singh Malik Who Survived World War 1

    Goodbye Humans, China Gives The World Its First Artificial Intelligence TV News Anchor

    The world’s first artificial intelligence (AI) news anchor made “his” debut at the ongoing fifth World Internet Conference in east China’s Zhejiang province.

    Goodbye Humans, China Gives The World Its First Artificial Intelligence TV News Anchor

    Indian-American Sikh Harry Singh Sidhu Elected Mayor Of Major California City

    Harry Singh Sidhu, who served as member of the Anaheim City Council for eight years from 2002 to 2012, defeated Ashleigh Aitken in the November 6 mid-term elections. He would be the first Sikh mayor of the city.

    Indian-American Sikh Harry Singh Sidhu Elected Mayor Of Major California City