💨 Abstract
Pakistan is seeking to fill a $5 billion external financing gap by securing debt rescheduling from China and deferred oil payments from Saudi Arabia. These measures are part of a strategy to meet the conditions of a $7 billion bailout package from the International Monetary Fund (IMF). Pakistan is also seeking changes to its Pakistan Sovereign Wealth Fund (PSWF) law, which the IMF has asked to be amended by December.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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