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UNITED NATIONS, Mar 25 (APP): Pakistan has underscored the need for the world community to agree on providing debt relief for developing countries at the upcoming Fourth International Conference on Financing for Development (FFD4), as part of efforts to build a more just world.
“Developing countries are not only spending more on debt servicing than in service of their citizens, but they also face net resource outflows,” Ambassador Asim Iftikhar Ahmad, permanent representative of Pakistan to the UN, told an Inter-sessional consultations of the Preparatory Committee for the Conference which will be held in Seville, Spain, from 30 June to 3 July 2025.
In this regard, he pointed…