Imran Khan-led Pakistan government is expected to get another $1 billion relief in loans this year from the G20, reported the Express Tribune.
Pakistans Economic Affairs Ministry said the relief would be covered under the third phase of the G20s Debt Service Suspension Initiative.
The Islamic Republic will receive this debt relief under the third phase of the Debt Service Suspension Initiative (DSSI) by the G20 countries.
It will include $785 million worth of pause on principal loan repayments and the remaining on account of interest repayments, reported Gulf News.
The debt relief will provide much needed fiscal space to mitigate the socio-economic impact of the COVID-19 pandemic and meet the urgent economic needs of the country, said…
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