$900m debt relief expected for Pakistan from G20 states.

Web desk,

There was a strong possibility that Pakistan may get $900 million relief from the G20 countries, reported local news TV channel on Tuesday, according to sources.

According to sources, Finance Ministry has begun chowk out the loan deferment recommendations, range from $800 million to $900 million by G20 countries. The relief from G20 countries is likely to pour in between July to December 2021.

The International Monetary Fund (IMF) has proposed to the G20 nations to put off the loan payments. The G20 states are expected to defer loans of low-income countries, so they can tackle the situation arising out of the coronavirus pandemic sources added.

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