PR No. 171
Islamabad: April 25, 2020

The Prime Minister’s call for a Global Initiative on Debt Relief has been widely welcomed at the United Nations including by the Presidents of the General Assembly and the Economic and Social Council. In consultation with the UN and other international institutions, Pakistan will convene a group of interested countries at the UN to commence consultations on further steps that can be taken to evolve a comprehensive solution to the debt challenges of developing countries resulting from the COVID-19. The Prime Minister and Foreign Minister are speaking to a number of leaders to discuss the need for a coordinated and comprehensive solution to the debt issue.

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