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PM Khan welcomes debt relief measures by G20, IMF for developing countries

Prime Minister Imran Khan on Thursday welcomed debt relief measures by G-20 countries, IMF and World Bank for developing countries, in which Pakistan is also included.

PM Imran Khan said this while talking to Finance Advisor Dr Abdul Hafeez Shaikh, who called on him here in Islamabad.

The finance advisor informed the Imran Khan about the planned approval of an additional 1.4 billion dollars concessionary financing from IMF to deal with the economic impact of covid-19.

He also updated the Prime Minister Imran Khan about the progress on various components of Economic Stimulus Package announced by the government.

Earlier today Minister Shah Mehmood Qureshi has said Pakistan is expected to get debt relief from 1 of may.

The foreign minister recalled that PM Imran Khan had appealed to the world leaders and institutions to restructure loans of the developing countries to cope with the covid-19 challenge.

UN Secretary-General Antonio Guterres has supported Prime Minister Khan’s call for a Global Initiative for debt relief to developing countries amid covid-19 outbreak.

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