ISLAMABAD: As part of the G-20 Debt Service Suspension Initiative (DSSI) framework, the federal government on Monday signed a Debt Service Suspension Agreement with the Republic of Korea equating to the postponement of payment of loans totaling $19.911 million.

According to a news statement from the Economic Affairs Division (EAD), this amount, which was originally required to be reimbursed between July and December 2021, will now be paid back over a period of six years (including a one-year grace period) in semi-annual installments.

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