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Cash-strapped Pakistan has averted a default on its repayment of USD 1 billion against a matured international Sukuk (Sharia-compliant bond) three days ahead of schedule on Friday.

Saudi arabiaSri lankaIshaq darJameel ahmadMiftah ismailAbid qamarInternational monetary fundAverting defaultPakistan paysBefore scheduleExpress tribuneSpokesperson abid qamarMinister ishaq darState bankPakistan newsPakistan sukuk bond