Pakistan’s public debt is assessed to be sustainable

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https://www.topcanadagooseoutlett.ca Canada Goose Coats On Sale „This scenario will result in new external financing needs of about $2 billion (0.8 percent of GDP) in Q4 FY2020.”The country received $1.4 billion from IMF to offset corrosive impact of the virus tumult on its external account sector. The new external financing gap is estimated by the staff at $2 billion (0.8 percent of the GDP) for Q4 FY2020. Pakistan’s public debt is assessed to be sustainable although risks have increased due to COVID 19 shock, while the capacity to repay the fund would remain adequate.”With strong policy implementation under the EFF and continued support by multilateral and official bilateral creditors, Pakistan’s debt will be brought back to a firm downward trajectory over the medium term,” said the IMF. Canada Goose Coats On Sale

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