{"id":515662,"date":"2022-08-22T09:11:15","date_gmt":"2022-08-22T03:41:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=515662"},"modified":"2022-08-22T09:33:47","modified_gmt":"2022-08-22T04:03:47","slug":"pak-mulls-taking-upfront-cost-of-cpec-projects-to-boost-forex-reserves","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pak-mulls-taking-upfront-cost-of-cpec-projects-to-boost-forex-reserves\/","title":{"rendered":"Pak mulls taking upfront cost of CPEC projects to boost forex reserves"},"content":{"rendered":"<p>Pakistan is reviewing a proposal to receive upfront 20 per cent of the total cost of five China-Pakistan Economic Corridor (CPEC) projects as deposits in the central bank in a bid to get breathing space amid declining foreign exchange reserves, a media report said on Sunday.<\/p>\n<p>The proposal has been discussed at the highest level as Prime Minister Shehbaz Sharif has given instruction to further fine-tune it, a Cabinet minister told The Express Tribune.<\/p>\n<p>He said that at least five CPEC projects were discussed during a meeting, having a total estimated value of USD 7 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pakistan is reviewing a proposal to receive upfront 20 per cent of the total cost of five China-Pakistan Economic Corridor (CPEC) projects as deposits in the central bank in a bid to get breathing space amid declining foreign exchange reserves, a media report said on Sunday. The proposal has been discussed at the highest level as Prime Minister Shehbaz Sharif has given instruction to further fine-tune it, a Cabinet minister told The Express Tribune. He said that at least five CPEC projects were discussed during a meeting, having a total estimated value of USD 7 billion.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,168],"tags":[],"class_list":["post-515662","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/515662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=515662"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/515662\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=515662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=515662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=515662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}