Pacts signed for $197.5m debt suspension.

ISLAMABAD -- Pakistan on Wednesday signed two Debt Service Suspension Agreements (DSSAs) with Japan and Switzerland for suspension of $197.5 million loans, under the G-20 Debt Service Suspension Initiative (DSSI) framework allowed to the poor nations as relief to absorb Covid-19 shock.

Of this total amount, $191.60m was owed to Japanese International Cooperation Agency (JICA) during the period from January to June 2021 and $5.89 million to the Government of the Swiss Confederation during the period from July to...