ISLAMABAD: The United States has agreed to suspend loans worth $132 million under the G-20 Debt Service Suspension Initiative (DSSI) framework for Pakistan to assist the South Asian country in its relief, rehab, and reconstruction efforts in the wake of extreme monsoons and record floods.
US Ambassador to Pakistan Donald Blome has signed the second bilateral agreement in this regard, the US Embassy said on Twitter.
Ambassador Blome today signed the second U.S.-Pakistan bilateral agreement under the #G20 Debt Service Suspension Initiative, providing $132 million in U.S. debt relief to Pakistan. Our priority is to redirect critical resources in Pakistan. pic.twitter.com/UlwFzoXPWw— U.S. Embassy Islamabad (@usembislamabad) September 30, 2022