ISLAMABAD: Pakistan Government gets big relief from the InternationalMonetary Fund.
Foreign Minister Shah Mehmood Qureshi on Thursday confirmed that theInternational Monetary Fund (IMF) has decided to give a one-year relief toIslamabad as the country grappled with coronavirus pandemic.
“Developing nations have been hit the hardest with the pandemic,” Qureshitold *Geo Pakistan.*
The foreign minister’s remarks follow the announcement of the G20 nationson Wednesday to give one-year debt relief to world’s poorest nations asthey struggle to financially cope with the coronavirus pandemic
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“Prime Minister Imran Khan had appealed to IMF for debt relief fordeveloping countries which was accepted by the Fund. IMF has announced itwould give one-year relief to 70 developing nations including Pakistan,”Qureshi said.
The foreign minister said the relief by the Washington-based organisationwould be for one year and is expected to be given from May 1.
