The outbreak of the coronavirus conundrum has brought the whole world down to its knees.
Pakistan’s Prime Minister Imran Khan has brought to spotlight the problems posed by the highly indebted nations amongst the developing world.
Lack of fiscal space has emerged to be one of the major problems to curb the spread of coronavirus.
Pakistan’s Prime Minister Imran Khan posted a video appeal on Twitter, urging the international community and the United Nations Security General (UNSG) to aide the developing nations to combat and tackle the spread of COVID-19.
He further urged the global community to respond positively to the difficulties faced by the developing countries by initiating a debt relief programme.
The Pakistani Prime Minister stated that the developed nations are facing the dilemma of containing the coronavirus through lockdowns and dealing with the economic impact. While in the developing nations, apart from containing the virus and dealing with the economic crisis, are facing even bigger threats as people are dying of hunger. He further stated that the developed nations can afford relief which the developing nations cannot. Portraying an example he further urged that with a population of 220 million people in Pakistan, so far the maximum stimulus package they could afford is 8 billion dollars.