Developing countries facing problems of non-availability of resources: PM

Islamabad, June 22, 2023 (PPI-OT): Prime Minister Muhammad Shehbaz Sharif held a meeting with French President Emmanuel Macron on the sidelines of the New Global Financing Pact Summit being held in Paris, France. The Prime Minister appreciated President Macron for convening the New Global Financing Pact Summit. He also thanked the French President for inviting him to the Summit and for his warm hospitality.

Speaking on this occasion, Shehbaz Sharif hailed the French President’s bold step towards a system, based on financial justice with developing countries. He said the developing countries are facing problems of non-availability of resources, burden of interest for debt payments and slow development. The Prime Minister said under the new Global Financing Pact, help of the indebted developing countries is the need of the hour so that the people of these countries can get relief. He said devastating effects of climate change have added the hardship to already troubled developing countries.

Shehbaz Sharif praised the French President saying that he made a significant effort to create global consensus on an important issue. On this occasion, the French President thanked Prime Minister Shehbaz Sharif for attending the New Global Financing Pact Summit. During the meeting, the two leaders also agreed to remain engaged on issues of mutual interest.

For more information, contact:

Ministry of Information and Broadcasting

Government of Pakistan

4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan

Tel: +92-51-9103557

Email: info@moib.gov.pk

Website: http://www.moib.gov.pk

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