ISLAMABAD – PM Khan Discussed Debt Relief For Developing Countries With Angela Merkel. Prime Minister Imran Khan, on Tuesday, had a telephonic conversation with German Chancellor Angela Merkel.
According to details, the said call was a follow-up for the global initiative on debt relief. The prime minister emphasised that COVID-19 had unfolded an unprecedented global health and economic crisis. Where developing countries will suffer more due to lack of fiscal space and debt servicing.
Imran Khan underscored that ability of the developing countries to cope with the COVID-19 challenge would depend on providing urgent debt relief. That too, at their request, and without onerous conditions.
The people in the developing world faced a starker choice: death by COVID-19 or by hunger, he added. The prime minister hoped that alongside the UN Secretary General, countries like Germany would provide leadership to the issue. Specially in the forthcoming G-20 Finance Ministers Meeting as well as Spring Meetings of the IMF and the World Bank.
PM Khan Discussed Debt Relief For Developing Countries With Angela Merkel.