Pakistan urges debt suspension until developing countries’ recover from coronavirus’ havoc

Islamabad, November 13, 2020 (PPI-OT): Pakistan has called on Group of 20 nations to extend suspension of debt payments until coronavirus-hit developing countries recovered from economic devastation. Speaking at annual ministerial meeting of Group of 77 and China, Pakistan’s Permanent Representative to United Nations, Munir Akram said COVID pandemic has devastated economies of many countries adding multi-dimensional challenges. Highlighting Pakistani Prime Minister Imran Khan’s initiative for debt relief, Ambassador Akram stressed need that debt suspension by G-20 should be extended until the period that we recover from the pandemic.

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