NEW DELHI: Pakistan on Friday tried to calm creditor fears after Prime Minister Shehbaz Sharif made a desperate plea for “substantial debt relief” from rich countries.“Given the climate-induced disaster in Pakistan, we are seeking debt relief from bilateral Paris Club creditors. We are neither seeking, nor do we need, any relief from commercial banks or Eurobond creditors,“ Finance Minister Miftah Ismail said on Twitter.“We have a US$1 billion bond due in December which we will pay on time and in full. We have been servicing all our commercial debt and will continue to do so,“ he said.The minister said Pakistan’s Eurobond debt is US$8 billion and due between now and 2051.“That’s not a large
Hence then, the article about pakistan finance minister tries to calm creditor fears after pm pleads for debt relief was published today ( ) and is available onDaily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Pakistan finance minister tries to calm creditor fears after PM pleads for debt relief )