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Pakistan calls for reforming global financial system

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At the UN, Pakistan has called for decisive reforms to scale up development and climate finance.

UNITED NATIONS (Dunya News) - Pakistan on Wednesday called for decisive reforms to resolve the debt crisis, scale up development and climate finance, and build an inclusive and equitable global economic order.

Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar addressing the “First Biennial Summit for a Sustainable, Inclusive and Resilient Global Economy” at the United Nations, stressed that the current global financial architecture had perpetuated inequalities.

He highlighted the widening Sustainable Development Goals (SDG) financing gap, unsustainable debt burdens of developing countries and the accelerating climate crisis.  

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