Islamabad, April 13:
Prime Minister Imran Khan has urged the global community to launch an initiative to give debt relief to developing countries that are fighting the novel coronavirus, as Pakistan reported nearly 450 fresh cases, bringing the total number of the COVID-19 patients to 5,230.
In a video message, Khan said that highly indebted countries are facing a “lack of fiscal space” that was inhibiting their efforts to prevent the coronavirus from spreading and, at the same time, providing relief to people.
He said a global pandemic cannot be contained without strong, coordinated and well-crafted global response. He noted that during the past week, various announcements have been made by multilateral actors such as the UN, the International Monetary Fund and the World Bank, including an initial relief packages of $ 1.4 billion by the IMF and $ 1 billion by the World Bank.