PM in top-level virtual event

Prime Minister Imran Khan has participated in a virtual high-level event on “Financing for Development in the Era of Covid-19 and Beyond”.

The high-level event is being hosted by the prime ministers of Canada and Jamaica and the UN secretary-general.

In his address, Prime Minister Khan shared his vision on possible ways to address the debt issue and the enormous financial challenges facing developing countries.

The invitation extended to the Khan reflects the recognition of his role as a sincere spokesperson for developing countries and the timeline of his call for collective action to overcome the debt distress of many developing countries.

This recognition has enabled Pakistan to bring together a credible group of countries, including the largest economic powers to address the debt issue.

The presidents of France, South Africa, Kazakhstan and the Prime Ministers of the UK, Japan, Norway, Italy and Ireland, the German Chancellor and the Crown Prince of Saudi Arabia, are to address the high-level event.

The debt vulnerability of developing countries will be one of the six interlinked financial issues to be discussed at the event.

A Foreign Office spokesperson said in a statement that Prime Minister Khan’s leading role in advancing solutions to the vital issues of debt, liquidity, investment and sustainable development will greatly enhance the prospects for Pakistan and other developing countries to secure the international support, solidarity and co-operation.