Pakistan In Focus - Deadline expires, but Riyadh yet to sign debt suspension pact with Islamabad.

Saudi Arabia has not signed a formal agreement with Pakistan for debt suspension under the G-20 initiative till the expiry of the deadline set for the purpose.

The club of the world's richest economies, G-20, had asked the applicant countries to conclude debt suspension agreements by December 31, 2020 for phase-1 (May to Dec 2020).

Pakistan and the Kingdom of Saudi Arabia (KSA) did not sign a formal debt suspension agreement till Dec 31, the Ministry of Economic Affairs confirmed to The Express Tribune on Thursday.

The ministry did not cite any reason for the delay but said Pakistan was...

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