Pakistan has welcomed the G-20 move to suspend debt servicing for 76 developing countries, saying it would have substantial impact on economies reeling from the Covid-19 pandemic.

Foreign Minister Shah Mehmood Qureshi, while speaking at a press conference at the Foreign Office, said Pakistan would get fiscal space because of the relief package and the government would use it for the welfare of people, especially the most vulnerable segments of society.

He said that the detailed study on the impact of the G-20 debt relief was being undertaken, but it is going to be substantial.

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