Tag Archives: developing countries

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UN report suggests temporary basic income to help world’s poorest ami...

07 July, 2020 9:30 am 9:30 am

NEW YORK (Reuters) – A temporary basic income for the world’s poorest 2.7 billion people in 132 developing countries could help slow the spread of the coronavirus by allowing them to stay home, according to a UN Development Programme (UNDP) report released on Thursday. The report suggests three options – top-ups on existing average incomes, … Read More

UN, calls, meeting, boost pandemic support, developing countries

UN calls meeting to boost pandemic support for developing countries

05 May, 2020 10:42 pm 10:42 pm

WASHINGTON (Reuters) – UN officials said they will meet on Thursday with over a dozen world leaders to discuss shoring up financial support for emerging economies, hit hard by the pandemic’s economic fallout. The online meeting comes amid surging coronavirus infections in developing countries and warnings it will cost more than the initially forecast $2.5 … Read More

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

04 April, 2020 12:04 pm 12:04 pm

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 … Read More

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PM lauds debt relief measures by G20, IMF, WB for developing countries

04 April, 2020 4:53 pm 4:53 pm

ISLAMABAD (92 News) – Prime Minister (PM) Imran Khan has hailed debt relief measures by G-20 countries, IMF and World Bank for developing countries, including Pakistan. He said while talking to Finance Adviser Dr Abdul Hafeez Shaikh in Islamabad on Thursday. On the occasion, the adviser informed the premier about the planned approval of an … Read More

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PM to approach UN to write off corona-hit developing nations debts

04 April, 2020 10:13 am 10:13 am

ISLAMABAD (92 News) – Prime Minister Imran Khan has decided to approach the UN to write off corona-hit developing nations debts on Sunday. According to the sources in his video message broadcasted shortly, the prime minister will describe the inability of the developing countries to repay debts amid the novel coronavirus outbreak. Appealing to waive … Read More

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Richer economies should wave off loans of developing countries: PM

03 March, 2020 12:01 pm 12:01 pm

ISLAMABAD (92 News) – Warning about new coronavirus devastation to developing nations, Prime Minister (PM) Imran Khan warned richer economies that they should wave off the debts of the world’s developing countries including Pakistan. In an interview with American news agency ‘The Associated Press’, the prime minister also expressed his feared that the novel coronavirus … Read More