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20000106

Debt rescheduling talks with Italy, Belgium after Eid

RECORDER REPORT

ISLAMABAD: Pakistan will negotiate with Italy and Belgium for the rescheduling of debts after Eid-ul-Fitr, a source in the Economic Affairs Division said on Wednesday.

He said that both the countries were willing to rollover their debts towards Pakistan.

This exercise is a part of Pakistan's plan of getting rescheduled its external debt from its creditors in the financial year 1999-2000 due to critical economic condition of the country.

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