China has extended the repayment period of a $2.4 billion loan to Pakistan by two years, offering critical financial relief as the country navigates ongoing economic difficulties.

Pakistan is grappling with a deepening economic crisis as inflation continues to soar, impacting households and businesses alike. Recent data reveals that the inflation rate has reached record highs, further burdening a populace already struggling with high living costs. The country’s economic challenges are raising concerns over its commitments to the International