Prime Minister Shehbaz Sharif statement about his visit to France

Prime Minister Shehbaz Sharif statement about his visit to France

Prime Minister Shehbaz Sharif statement about his visit to France. He said “The reform of international financial architecture has long been a key demand relentlessly made at different forums by public policy scholars, policy practitioners & world leaders especially from the Global South. The grave nature of challenges such as climate change, natural disasters, environment, rising levels of debt and energy transitions has rung alarm bells. The globalisation of the problems has necessitated the need for creative approaches to rethink the global financial system to make it representative and equitable. This is where the New Global Financing Pact Summit in France represents a unique opportunity to the world to come together and agree to broad principles and steps needed for a comprehensive reform of the international financial system.

During my visit to France, I will present Pakistan’s position on the need for restructuring of international financial institutions to fight the contemporary challenges facing humanity. As a leading stakeholder in G-77 plus China grouping and also as a country adversely hit by climate change threat, Pakistan is better positioned for this role.”

Editor: Raja Kamran