World will not recover from coronavirus recession without helping developing countries: PM

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By MG News | May 29, 2020 at 09:41 AM GMT+05:00

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May 29, 2020: Prime Minister Imran Khan while stressing the need of dealing with the economic problems caused by the COVID-19 pandemic holistically as a global issue has said the world would not recover from coronavirus recession without helping the developing countries.

Addressing virtual 'United Nations high-level event on Financing for Development in the era of COVID-19 and Beyond', he said it is a global issue and a global problem, which needs global solutions.

The event was hosted by the Prime Ministers of Canada and Jamaica and the United Nations Secretary-General.

Pleading for the help of developed countries to the developing nations, Imran Khan said it is very important for the developed world at this critical juncture to look after the people of developing countries, who are struggling.

Talking about the problems of Pakistan vis-a-vis COVID-19, the Prime Minister referred to the government’s 8 billion dollar stimulus package and said it is one of the biggest programs in Pakistan’s history.

He said we doled out 8 billion dollars to stimulate our economy and give cash to the most vulnerable section in our society.

The Prime Minister welcomed the G-20 for taking the big initiative of giving debt relief to the developing countries.

He also congratulated the UN Secretary-General, and the Prime Ministers of Canada and Jamaica for the initiative of high-level events and urged them to continue to pursue it.

 Radio Pakistan

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