ISLAMABAD: Prime Minister Imran Khan proposed on Friday a 10-point agendaon how to avoid economic collapse in developing countries amidst theCOVID-19 pandemic. He was virtually addressing a two-day special session ofthe UN General Assembly.
The idea of the session, which opened on Thursday, was to develop a unitedresponse to recovery from the deadly coronavirus pandemic. It will beaddressed by 141 speakers, including 53 heads of state, 39 heads ofgovernment, four deputy prime ministers and 38 ministers throughpre-recorded videos.
Debt suspension, drawing rights of $500 billion and return of stolen assetsstashed in rich countries topped some of the suggestions on Prime MinisterImran Khan’s list.
His recorded video message to the summit from Islamabad detailed his plan,which included emergency financial support to developing countries. He saidthe pandemic had caused immense human suffering and created the deepestglobal economic contraction since the great depression of the 1930s.
Nearly 100 million people in developing countries will fall back intoextreme poverty while rich countries inject $13 trillion as fiscal stimulusto revive their economies, PM Imran highlighted.