Pakistan to seek rescheduling of $27bln of non-Paris Club debt: Dar

General

Finance Minister Ishaq Dar says Pakistan will seek rescheduling of about 27 billion dollars of non-Paris Club debt.

In an interview with Reuters, he ruled out the possibilities of default on Pakistan’s debt, extension of maturity date on bonds due in December or renegotiation of Pakistan’s current International Monetary Fund program.   

Source: Radio Pakistan