Tuesday October 05, 2021

PM Imran Calls For Prioritizing Vaccine Equity, Debt Relief

ISLAMABAD: Prime Minister Imran Khan today (Tuesday) called for prioritizing vaccine equity, debt relief, climate finance and return of stolen wealth to developing countries as part of global economic recovery from the devastating effects of COVID-19 pandemic.

He was virtually addressing the World Leaders Summit Dialogue organized by the United Nations Conference on Trade and Development (UNCTAD) during its on-going 15th Quadrennial Meeting, hosted by Barbados.

Expressing concerns over vaccine inequity, the Prime Minister called for a more equitable distribution.

Recalling his campaign for debt relief, the Prime Minister advocated for debt relief until the end of the pandemic.

The Prime Minister reaffirmed the urgent need for mobilization and contribution by richer countries to climate finance in view of the vulnerability and existential challenges faced by Small Island Developing Countries and other developing countries, including Pakistan.

Reiterating his deep concern over the huge challenge of illicit flow of money, an annual amount of one trillion dollars from developing countries to richer capitals and tax havens, the Prime Minister underscored the imperative of halting these outflows.

The Prime Minister once again emphasized implementation of UN Secretary General’s FACTI Panel recommendations, enabling developing countries to more meaningfully alleviate poverty and human development.

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