 "Imran Khan")
The United Arab Emirates has rolled over the pending payment of a $2 billion loan by Pakistan, amid a three-day visit of Foreign Minister Shah Mahmood Qureshi to the nation.
The payment relief, announced by Pakistan’s Foreign Ministry spokesman Zahid Hafeez Chaudhri in a Twitter post, comes days after the South Asian nation reached an agreement with the International Monetary Fund on a resumption of a $6 billion bailout program.
Having averted a financial crisis just two years ago, Pakistan finds itself with little room for policy errors due to the impact of the Covid-19 pandemic. The central
The payment relief, announced by Pakistan’s Foreign Ministry spokesman Zahid Hafeez Chaudhri in a Twitter post, comes days after the South Asian nation reached an agreement with the International Monetary Fund on a resumption of a $6 billion bailout program.
Having averted a financial crisis just two years ago, Pakistan finds itself with little room for policy errors due to the impact of the Covid-19 pandemic. The central
