ISLAMABAD:
Pakistan on Monday signed $526 million worth debt rescheduling agreements with three more members of the richest G-20 club, taking the overall benefit to below $1 billion.
The debt rescheduling agreements were signed with France, Switzerland and China by the Economic Affair Division, according to a handout issued by the Economic Affairs Ministry.
The agreement would result in delaying the repayments of $170 million to France, $9 million to Switzerland and $347 million to China. Pakistan is among the 76 poorest countries, mainly African nations that decided to avail the G-20 debt relief initiative.
Read more : https://tribune.com.pk/story/2276886/pakistan-gets-526-million-g-20-debt-relief
