What amount of debt payments will be rescheduled by Pakistan in 2020 under the Debt Service Suspension Initiative?
Correct answer: B. $2.41 billion
- A. $2.11 billion
- B. $2.41 billion
- C. $3.21 billion
- D. $3.41 billion
Explanation
Pakistan secured rescheduling of about $2.41 billion in debt payments under the G20 Debt Service Suspension Initiative. The arrangement temporarily eased external debt-service pressure during the pandemic.
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Pakistan’s economy is examined through GDP, inflation, taxation, public debt, foreign exchange, trade, remittances and the balance of payments. The federal budget includes revenue targets, expenditure, development allocations and fiscal policy, while monetary policy, the State Bank, IMF programmes and economic reforms explain wider financial developments.
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