Pakistan gets a big relief from G-20 countries in repayment of loan


ISLAMABAD, April 09 (Online): G-20 countries have deferred the repayment of loans by the low income countries and this way Pakistan has got a big relief ranging between 800 million dollars to 900 million dollars from G-20 countries.

It has been announced by G-20 countries that several world economies are facing third wave of corona virus, therefore, repayment of loans by the low income countries has been deferred for six months to enable them to counter corona virus.

The supply of corona virus vaccine has been started to several countries and the process of revival of post corona economy is underway. G-20 countries will extend full cooperation in the revival of the economy.

Sources said the repayment of loans by Pakistan will be deferred till December 2021.