Government of Pakistan signs Agreements with the Japan International Cooperation Agency and the Government of the Swiss Confederation under the G-20 Debt Service Suspension Initiative in Islamabad on 15 June, 2022.
Government of Pakistan signs Agreements with the Japan International Cooperation Agency and the Government of the Swiss Confederation under the G-20 Debt Service Suspension Initiative. Federal Minister for Economic Affairs Sardar Ayaz Sadiq witnessed the signing ceremony at Ministry. Due to the support extended by the development partners of Pakistan, including JICA and Government of the Swiss Confederation, the G-20 DSSI has provided the fiscal space which was necessary to deal with the urgent health and economic needs of the Islamic Republic of Pakistan. The total amount of debt that has been suspended and rescheduled under the DSSI framework, covering the period from May 2020 to December 2021, stands at USD 3,688 million.