Pakistan's debt moratorium

Wed, 08 Jul 1998, 00:00 WIB | Source: REUTERS

ISLAMABAD (Reuters): Pakistani Finance Minister Sartaj Aziz
said yesterday that the government might have to consider a
moratorium on its US$30 billion debt in three months if sanctions
blocked foreign exchange flows to service it.

"If sanctions last more than three months then we may be
forced to consider a moratorium," the minister told Reuters.

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