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Debt relief

Pakistan received support from debt relief actions: envoy

WASHINGTON: Pakistani ambassador to the United States Asad Majeed Khan has said the support received from measures taken to provide debt relief to the coronavirus-hit developing countries helped in coping with a difficult economic situation. “I must say we received

Pakistan receives debt relief from Paris Club

PARIS: The Paris Club of creditor nations have agreed to suspend interest and principal repayments from Pakistan and three other countries Chad, Ethiopia, and Republic of Congo in the latest wave of countries given financial leeway to help them focus

Pakistan to receive Paris Club debt relief

ISLAMABAD: Pakistan is expected to receive a debt relief this year from the Paris Club.  The reports stated that Pakistan, among other countries will be granted a waiver as part of a global push to give debt relief to the

UN Secretary-General backs PM Imran’s call for virus debt relief

NEW YORK: United Nations Secretary-General Antonio Guterres has supported Prime Minister Imran Khan’s call for a global initiative for debt relief to developing countries. In a virtual news briefing, UN chief’s spokesman, Stephane Dujarric, said, “The prime minister’s initiative is

IMF to provide debt relief to 25 countries amid coronavirus

(REUTERS): The International Monetary Fund has announced to provide immediate debt relief to 25 member countries to allow them to focus more financial resources on fighting the coronavirus pandemic. According to the statement issued by the IMF, the debt relief