Pak poor country, can't afford burden of loans: Pak minister
Commenting on Pakistan's decision to cut the size of the biggest China-Pakistan Economic Corridor (CPEC) project by $2 billion, the country's Railway Minister Sheikh Rashid Ahmad said, "Pakistan is a poor country that cannot afford burden of loans." The project to renovate the 1,872-kilometre railway line connecting Karachi and Peshawar was initially priced at $8.2 billion.