UNITED NATIONS:
Pakistan has asked to reform the architecture of international debt that is more equitable, sustainable and receptive to the needs of developing countries.
“In the absence of a predictable global system to restructure debt, most countries that face debt distress are choosing to continue attending their debts, at the expense of diverting resources from critical areas for growth and development to development Long term, such as health and education, “Senator Syed Faisal Ali Sabzwari told the Annual Parliamentary Hearing a joint initiative of the President of the UN General Assembly (UNGA) and the Interparliamentary Union (IPU).
