G20 to provide debt relief of $12 billion

MG News | April 17, 2020 at 05:31 PM GMT+05:00

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April 17, 2020 (MLN): G20 Countries are expected to provide a debt relief of $12 billion to several other countries including Pakistan, starting from May 1.

In view of this, the Finance Ministry has commenced working on the debt deferment plan.

IMF, World Bank, ADB, and other multilateral agencies are expected to provide this debt relief by 2021.

There is a possibility that Pakistan might get debt deferment of $5 billion from KSA, and $3 billion from China

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Name	Price/Vol	%Chg/NChg
KSE100	177,873.88 195.45M	0.28% 500.11
ALLSHR	106,712.07 1,040.19M	0.56% 589.19
KSE30	51,887.21 103.81M	0.29% 152.18
KMI30	255,042.46 89.67M	0.46% 1169.47
KMIALLSHR	69,162.85 342.71M	0.85% 584.42
BKTi	48,733.27 19.48M	-0.22% -108.13
OGTi	36,043.06 20.06M	2.70% 947.37

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	67,000.00	68,420.00 66,500.00	-1915.00 -2.78%
BRENT CRUDE	96.29	97.13 95.06	0.47 0.49%
RICHARDS BAY COAL MONTHLY	127.15	0.00 0.00	-1.45 -1.13%
ROTTERDAM COAL MONTHLY	138.00	138.00 137.90	0.60 0.44%
USD RBD PALM OLEIN	1,182.50	1,182.50 1,182.50	0.00 0.00%
CRUDE OIL - WTI	88.92	89.64 87.80	0.18 0.20%
SUGAR #11 WORLD	18.40	18.54 18.16	0.18 0.99%