'Pakistan owes $11.547b debt of Paris Club'
Top Story April 21, 2021 ISLAMABAD: Pakistan owes total debt of Paris Club to the tune of $11.547 billion, out of which outstanding bilateral loan of France stood at $1.748 billion, the official data shows. Islamabad had to pay millions of dollars to France alone per annum on account of amortization in shape of both principal and mark-up of loan amounts over the medium term. France is the Secretariat of the Paris Club countries and possesses a lot of influence over this forum. There are a total 17 members of the Paris Club countries and France is the second largest bilateral donor after Japa...
Source: thenews.com.pk
