Pakistan requires Global Restructuring Debt

The United Nations:

Pakistan has called for reforming international debt architecture to make it more just, sustainable and responsive to the needs of developing countries.

“In the absence of a predictable global system of debt restructuring, most countries who are facing debt distress choose to continue to serve their debt to the expense of diversion of resources from areas that are critical of prolonged growth and development, such as Health and Education, “Senator Syed Faisal Ali Sabzwari told the annual parliamentary consultation, a joint initiative of the President of the UN General Assembly (Unga) and Inter-Parliamentary Union (IPU).

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