Thursday, February 2, 2023

Debt relief to help revive weak economy of developing countries: Firdous

Debt relief to help revive weak economy of developing countries: Firdous
ISLAMABAD (92 News) – Special Assistant on Information Firdous Ashiq Awan has said that decision of international financial institutions to provide unconditional assistance and debt relief will help revive weak economy of the developing countries. In a series of tweets this evening, she welcomed the decision of G-20 countries, IMF and World Bank (WB) regarding debt relief for developing countries, and said the decision vindicates Prime Minister Imran Khan's initiative for restructuring developing countries' loans and support their weak economies. She said although coronavirus adversely affected the global economies yet the developing countries are the worst target of this pandemic. Firdous Ashiq Awan underlined the need for an effective global response to save the citizens of Third World countries from poverty and hunger.