AGL 38.20 Increased By ▲ 0.05 (0.13%)
AIRLINK 129.30 Increased By ▲ 4.23 (3.38%)
BOP 7.85 Increased By ▲ 1.00 (14.6%)
CNERGY 4.66 Increased By ▲ 0.21 (4.72%)
DCL 8.35 Increased By ▲ 0.44 (5.56%)
DFML 38.86 Increased By ▲ 1.52 (4.07%)
DGKC 82.20 Increased By ▲ 4.43 (5.7%)
FCCL 33.64 Increased By ▲ 3.06 (10.01%)
FFBL 75.75 Increased By ▲ 6.89 (10.01%)
FFL 12.83 Increased By ▲ 0.97 (8.18%)
HUBC 110.72 Increased By ▲ 6.22 (5.95%)
HUMNL 14.03 Increased By ▲ 0.54 (4%)
KEL 5.22 Increased By ▲ 0.57 (12.26%)
KOSM 7.69 Increased By ▲ 0.52 (7.25%)
MLCF 40.08 Increased By ▲ 3.64 (9.99%)
NBP 72.51 Increased By ▲ 6.59 (10%)
OGDC 189.18 Increased By ▲ 9.65 (5.38%)
PAEL 25.74 Increased By ▲ 1.31 (5.36%)
PIBTL 7.38 Increased By ▲ 0.23 (3.22%)
PPL 153.45 Increased By ▲ 9.75 (6.78%)
PRL 25.52 Increased By ▲ 1.20 (4.93%)
PTC 17.92 Increased By ▲ 1.52 (9.27%)
SEARL 82.50 Increased By ▲ 3.93 (5%)
TELE 7.63 Increased By ▲ 0.41 (5.68%)
TOMCL 32.50 Increased By ▲ 0.53 (1.66%)
TPLP 8.48 Increased By ▲ 0.35 (4.31%)
TREET 16.74 Increased By ▲ 0.61 (3.78%)
TRG 56.01 Increased By ▲ 1.35 (2.47%)
UNITY 28.85 Increased By ▲ 1.35 (4.91%)
WTL 1.34 Increased By ▲ 0.05 (3.88%)
BR100 10,659 Increased By 569.2 (5.64%)
BR30 31,331 Increased By 1822.5 (6.18%)
KSE100 99,269 Increased By 4695.1 (4.96%)
KSE30 31,032 Increased By 1587.6 (5.39%)
Pakistan

PM Shehbaz thanks UN Secretary General over support for flood-ravaged Pakistan

  • Pakistan needs global support to overcome the challenge, premier says
Published September 11, 2022

Prime Minister Shehbaz Sharif on Sunday thanked United Nations Secretary-General Antonio Guterres for his visit to Pakistan to express his unprecedented support for the flood victims.

In a Twitter post, the prime minister said that the UN secretary general’s two-day visit to Pakistan was vital for raising global awareness about the human tragedy.

"Deeply touched by his empathy and leadership. Pakistan needs global support to overcome this challenge," he added.

In a related tweet, the prime minister said that during his visit to the flood-affected areas and camps under scorching heat, UN Secretary-General was overwhelmed by the scale of devastation that had engulfed Pakistan.

“His voice has become the voice of flood victims. The world should pay heed to what he said about climate change,” he added.

Earlier, Guterres urged international creditors to introduce a new mechanism ‘Debt Swap’ for the devastated flood-hit Pakistan.

Guterres calls for ‘debt swap’ scheme for Pakistan

Speaking at a press conference held at Karachi airport on Saturday, UN Secretary-General said that developing countries including middle-income countries like Pakistan are facing difficult financial conditions and we have seen ‘default’ in some cases. Therefore, it is essential to develop a new mechanism by the international creditors for repayment, he said.

“We are strongly advocating debt swap in which countries instead of paying to the creditors, using that money to invest in climate resilience, investment in sustainable infrastructure, etc and this is exactly what Pakistan needs instead of paying debt, using that money for rehabilitation and rebuilding of infrastructure. We will be strongly advocating it with the upcoming meetings with the IMF,” he said.

Comments

Comments are closed.