FM proposes action plan by G77 countries for reforms of int’l financial architecture

Islamabad, September 23, 2023 (PPI-OT):Caretaker Foreign Minister Jalil Abbas Jilani has proposed the adoption of an action plan by the Group of 77 and China for reforms of the international financial architecture with an aim to support the developing countries.

He made this proposal while addressing an interactive dialogue on “A path for the reform of the international financial architecture” at the 47th Annual Meeting of Foreign Ministers of Group of 77 and China held in New York.

The Foreign Minister suggested the creation of mechanisms within the UN to monitor and implement these reforms.

Jalil Abbas Jilani stated that over the past three years, the economies of the developing countries had been devastated by the impacts of the Covid-19 pandemic; climate-induced disasters and proliferating conflicts.

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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