Pakistan's creditors agree debt rollover
This is a Pakistan news story, published by The Express Tribune, that relates primarily to Muhammad Aurangzeb news.
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IMF Board approvalThe Express Tribune
•China, KSA, UAE roll over $12b Pak debt for one year | The Express Tribune
79% Informative
International Monetary Fund ( IMF ) is likely to approve Pakistan 's $7 billion bailout package on the 28th of this month .
Finance Minister Muhammad Aurangzeb said on Tuesday that three bilateral creditors had agreed to roll over the $12 billion debt for one year .
The development marks an end to the uncertainty over the timing of the Executive Board meeting, which was contingent upon the rollover of debts by Pakistan 's three traditional creditors.
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