Government Initiative.

Byline: S. Kamal Hayder Kazmi

United Nation supports Imran Khan's call for global initiative on debt relief

Sources recorded that the UN Secretary-General Antonio Guterres has supported Prime Minister Imran Khan's call for a 'Global Initiative on debt relief' to offer debt relief for the developing states in wake of economic meltdown generated through the coronavirus pandemic. Addressing a regular virtual press briefing in New York, the Spokesman of the UN Secretary-General, Stephane Dujarric said PM Imran Khan's initiative is in the same spirit as the Secretary-General's own position.

He said the UN Chief hopes that debt relief must be a significant part of the COVID-19 response, counting immediate waiver on interest payments for the current year. The spokesman also urged that it is significant that the limited resources of the world's poorest states must be used to combat COVID-19 virus.

Moreover, the spokesperson added that the UN Secretary-General has cleared his position privately and publicly, notably in the letter he sent to the G20.Prime Minister Imran Khan appealed before the world leaders, leading financial heads and the United Nations Secretary-General for the launching of 'Global initiative on debt relief'.In a brief televised appeal to the international community, the prime minister juxtaposed...