Pakistan seeks Rescheduling of $27 Billion Bilateral Debt: Ishaq Dar

Ishaq Dar who is in the US for IMF and World bank meetings assured that he seeks of rescheduling some $27 billion worth of non-Paris Club debt largely owed to China.

Dar on the other side said Pakistan won’t get defaulted and he set aside this point of Pakistan getting defaulted on debt as he will try to get an Extension from IMF.

He took oath 2 weeks before coming to the US for meetings and said he will try to have cordial relations and will have equal terms for all creditors.