Intro:
Pakistan has sought a three-to-five-year extension on $12 billion in debt from Saudi Arabia, China, and the UAE.
This move has been dictated by conditions set by the IMF.
The debt ridden country is seeking a fresh bailout package of 7 billion dollars from the global lender to shore up its teetering economy.
Hira Mustafa has more.
Pakistan has sought a three-to-five-year extension on $12 billion in debt from Saudi Arabia, China, and the UAE.
This move has been dictated by conditions set by the IMF.
The debt ridden country is seeking a fresh bailout package of 7 billion dollars from the global lender to shore up its teetering economy.
Hira Mustafa has more.
In: To secure.....
Out: SOC
Dur: 59 sec