Pakistani Prime Minister Imran Khan urged Western governments to cancel debt payments Instant news

The Pakistani government said today, Sunday, that Pakistan has asked international stakeholders to urgently reduce the debt of developing countries so that they can deal more effectively with the economic repercussions of the Corona Virus pandemic.

The country recorded 5,183 injuries, 88 cases died, and its faltering economy was hit by a national deterrent.

They stopped economic activity and caused widespread unemployment.

In a video message broadcast by the Foreign Office, Prime Minister Imran Khan said he was concerned that people in developing countries would die from prison.

The country recorded 5,183 injuries, 88 cases died, and its faltering economy was hit by a national deterrent. Photo: Women practice social distance while waiting for money in Lahore

Closures halted economic activity and caused unemployment to spread. Photo: Christians hold candles during prayers during Easter in Islamabad

Khan said: “Pakistan with a population of 220 million, the best stimulus package we can afford is $ 8 billion.”

He added that the heavily indebted countries due to a lack of fiscal space for spending on health and social support.

And Pakistan, which has more than $ 100 billion in debt to foreign lenders and spent most of its budget on debt repayment, began last week a $ 900 million cash disbursement program for 12 million poor families out of work due to reservation.

Khan added that countries with severely owed debt lacked the fiscal space to spend on health and social support. Photo: Christians on Easter in Islamabad

Last week, Pakistan launched a $ 900 million cash exchange program for 12 million poor, unemployed families who were locked in. Photo: Christians in Islamabad

Khan said he had appealed to world leaders, heads of financial institutions and the United Nations Secretary-General to announce initiatives to reduce the debt of developing countries.

Pakistan will receive $ 1.4 billion from the International Monetary Fund (IMF) as part of the organization’s rapid financing tool to help fund the country’s response to the virus.

It is also the first year of a $ 6 billion International Monetary Fund program for three years to help the deteriorating economy.

Khan said he had appealed to world leaders, heads of financial institutions and the United Nations Secretary-General to announce initiatives to reduce the debt of developing countries. Photo: Christians in the capital of Islamabad

Pakistan will receive $ 1.4 billion from the International Monetary Fund as part of the rapid financing tool to help fund the country’s response to the virus. Photo: Police on standby in the Jolistan Johar district of Karachi, after being closed due to several coronavirus cases

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