UNITED NATIONS: Prime Minister Imran Khan joined UN Secretary General Antonio Guterres on Monday in urging creditors to provide debt suspension, relief and liquidity to help developing nations cope with the negative economic impact of the Covid-19 pandemic.
The prime minister, who made the opening statement at a special segment of the UN Economic and Social Council (ECOSOC) in New York, underlined the massive socio-economic fallout of the pandemic and said: Private creditors must participate in providing debt relief and restructuring.
In his address to this special session on development financing, the UN chief also said: The debt crisis needed to be properly addressed, including debt suspension, relief, and liquidity. Mr Guterres calle…
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