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China remains Pak's top bilateral creditor, share drops to 22%: World Bank

By our Special Correspondent

With almost USD 29 billion in loans, China continued to be Pakistan's largest bilateral creditor while Saudi Arabia emerged as the second largest bilateral lender with about USD 9.16 billion, a World Bank report has said.

                   However, China's share in Pakistan's total external debt went down to 22 per cent compared to 25 per cent in 2023 with Saudi Arabia increasing its share from 2 per cent in 2023 to 7 per cent in 2024.

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