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.

https://tribune.com.pk/story/2279165/deadline-expires-but-riyadh-yet-to-sign-debt-suspension-pact-with-islamabad