Banks accept Pakistan debt plan

July 1999
MEED: Middle East Economic Digest;7/16/1999, Vol. 43 Issue 28, p4
Trade Publication
Reports that a group of regional and international banks have reached an agreement with the Pakistan government to reschedule $510 million worth of offshore trade debt. Terms of the rescheduling agreement; Threat of a forced Eurobond default facing the government.


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