Finance Minister Ishaq Dar says that Shell is not closing its business in Pakistan, Shell wants to sell its shares to another international investor, Shell is also reorganizing its business in several European countries.
While giving a press conference in Islamabad, Ishaq Dar said that the Shell Company is not taking money abroad by selling its shares, whatever decision the Shell Company takes, it is bound to implement the government’s decisions.
He said that baseless speculations are being made regarding the Shell company, the employees of Shell will remain the same, Shell is selling its shares, it is not related to the situation of this company.
Ishaq Dar said that arrangements have been made to repay the loan of one billion dollars to China, some amount is charged for making early payments, the Ministry of Finance has contacted the Chinese bank, the Chinese bank to make the payment before the due date. External payments are being ensured, on Monday we paid China, 300 million dollars have also been paid to China, Chinese banks will not have to pay any penalty in payment.
The finance minister said that 300 million dollars will be received from China soon, it has been decided that the payment will be made through fast track, 300 million dollars will also return to Pakistan in 3 or 4 days.
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