Cpec Funded Projects

China on Tuesday said there will be more projects planned under the $60 billion China-Pakistan Economic Corridor or CPEC project amid concerns over Pakistan's rising debt and a bailout move by the global lender IMF.

A group of US senators has warned that Pakistan is likely to face debt distress due to rising current account deficit and external obligations linked to the China Pakistan Economic Corridor or CPEC. The new government in Pakistan led by Prime Minister Imran Khan has already indicated it may pursue a bailout by the International Monetary Fund. Analy...

Pakistan on Thursday refuted reports that Beijing had halted payments on some of the China-Pakistan Economic Corridor (CPEC) projects in the country.

China has halted the release of funds for three key projects under the $ 50 billion China-Pakistan Economic Corridor (CPEC) till Beijing revised its financial mechanism, a media report today quoted Minister for Planning and Development Ahsan Iqbal as saying.

China has decided to temporarily stop funding of at least three major road projects in Pakistan, being built as part of the $50 billion China-Pakistan Economic Corridor or CPEC, following reports of corruption.

The Asian Development Bank has refused to fund the $14 billion dam project that Pakistan has planned on the Indus river in Pakitan-occupied Kashmir (PoK).

China on Tuesday said there will be more projects planned under the $60 billion China-Pakistan Economic Corridor or CPEC project amid concerns over Pakistan's rising debt and a bailout move by the global lender IMF.

A group of US senators has warned that Pakistan is likely to face debt distress due to rising current account deficit and external obligations linked to the China Pakistan Economic Corridor or CPEC. The new government in Pakistan led by Prime Minister Imran Khan has already indicated it may pursue a bailout by the International Monetary Fund. Analy...

Pakistan on Thursday refuted reports that Beijing had halted payments on some of the China-Pakistan Economic Corridor (CPEC) projects in the country.

China has halted the release of funds for three key projects under the $ 50 billion China-Pakistan Economic Corridor (CPEC) till Beijing revised its financial mechanism, a media report today quoted Minister for Planning and Development Ahsan Iqbal as saying.

China has decided to temporarily stop funding of at least three major road projects in Pakistan, being built as part of the $50 billion China-Pakistan Economic Corridor or CPEC, following reports of corruption.

The Asian Development Bank has refused to fund the $14 billion dam project that Pakistan has planned on the Indus river in Pakitan-occupied Kashmir (PoK).