ISLAMABAD: Foreign Minister Shah Mehmood Qureshi has expressed that the socio-economic impact of COVID-19 is far greater in the developing world.
In a tweet, while announcing Pakistan successfully secured debt relief from the Paris Club, the foreign minister expressed that the socio-economic impact of the coronavirus is far greater in the developing world, where more fiscal space is essential and necessary.
Pakistan has successfully secured debt relief as #ParisClub of Creditor Nations suspends interest & principal repayment of debt. Socio-economic impact of #Covid_19 is far greater in developing world, where more fiscal space is essential and necessary. https://t.co/bxY3vzIMQw
— Shah Mahmood Qureshi (@SMQureshiPTI) June 11, 2020
In another tweet, Shah Mehmood Qureshi wrote that we have consistently lobbied global stakeholders to restructure of developing world under the vision of prime minister Imran Khan’s ‘Global Initiative debt relief.
Under the vision of PM @ImranKhanPTI’s #Global_Initiative_Debt_Relief we have consistently lobbied global stakeholders to restructure/relieve debt of developing world, with positive outcome, and will continue to drive this vision forward in these unprecedented times. #Covid_19 https://t.co/zOpoYysN0N
— Shah Mahmood Qureshi (@SMQureshiPTI) June 11, 2020
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