Tag
PAKISTAN
Oxfam International has reported that emerging economies, including some of the world's most impoverished nations, are poised to undergo budget reductions exceeding $220 billion over the next five years due to a looming debt crisis that has pushed numerous countries to the brink of default.
The Paris Club has suspended debt payments for 4 more nations which are Chad, Ethiopia, Pakistan and the Republic of Congo, to free up cash flow for the nations