ISLAMABAD: Prime Minister Imran Khan proposed on Friday a 10-point agenda on how to avoid economic collapse in developing countries amidst the COVID-19 pandemic. He was virtually addressing a two-day special session of the UN General Assembly.
The idea of the session, which opened on Thursday, was to develop a united response to recovery from the deadly coronavirus pandemic. It will be addressed by 141 speakers, including 53 heads of state, 39 heads of government, four deputy prime ministers and 38 ministers through pre-recorded videos.
Debt suspension, drawing rights of $500 billion and return of stolen assets stashed in rich countries topped some of the suggestions on Prime Minister Imran Khan's list.
His recorded video message to the summit from Islamabad detailed his plan, which included emergency financial support to developing countries. He said the pandemic had caused immense human suffering and created the deepest global economic contraction since the great depression of the 1930s.
Nearly 100 million people in developing countries will fall back into extreme poverty while rich countries inject $13 trillion as fiscal stimulus to revive their economies, PM Imran highlighted.