ISLAMABAD: Pakistan on Wednesday signed two Debt Service Suspension Agreements (DSSAs) with Japan and Switzerland for suspension of $197.5 million loans, under the G-20 Debt Service Suspension Initiative (DSSI) framework allowed to the poor nations as relief to absorb Covid-19 shock.

Of this total amount, $191.60m was owed to Japanese International Cooperation Agency (JICA) during the period from January to June 2021 and $5.89 million to the Government of the Swiss Confederation during the period from July to December 2021.

These amounts will now be repaid over a period of six years (including one-year grace period) in semi-annual installments.

The total amount of debt that has been suspended and rescheduled under the DSSI framework, covering the period from May 2020 to December 2021 stands at $3.688bn.

Published in Dawn,June 16th, 2022

Opinion

Editorial

From gains to gaps
27 Apr, 2025

From gains to gaps

AS we mark World Immunisation Week 2025 — themed ‘Immunisation for All is Humanly Possible’ — we are faced...
Crisis talks
Updated 27 Apr, 2025

Crisis talks

Sense needs to be restored so that the Pahalgam attack may be independently investigated and the victims given justice.
BYC women in jail
27 Apr, 2025

BYC women in jail

THE detained Baloch Yakjehti Committee leader Mahrang Baloch and other BYC activists, including women, are reported...
Time for restraint
Updated 26 Apr, 2025

Time for restraint

Neither Pakistan nor India can afford another war. It is time again to give diplomacy a chance.
A wise decision
Updated 26 Apr, 2025

A wise decision

GOOD sense seems to have finally prevailed, with the federal government deferring the planned canal projects,...
‘Fake’ Pakistanis
26 Apr, 2025

‘Fake’ Pakistanis

THE revelation is shocking. Hundreds of individuals holding Pakistani passports who were detained by the Saudi...