Deputy PM calls for equitable global financial architecture

Deputy Prime Minister Ishaq Dar has urged the world community to create a more equitable global financial archtecture.

Addressing the Executiv Session of the Commonwealth Heads of Government Meeting in Apia, Samoa, he said the global community should prioritize debt relief and restructuring, sustainable investments in resilient infrastructure, enhanced access to climate financing and digital and financial inclusion in addition to strengthening multilateral cooperation.

Ishaq Dar said Pakistan recognizes the pressing need for investments in health, education and infrastructure, yet it faces significant challenges due to the limited access to international financial markets and impacts of climate change.

The Deputy Prime Minister said Pakistan’s pro active participation in Commonwealth’s working groups on digital economy and sustainable finance is reflective of its commitment to integrating innovative solution into the economic strategy.

Source: Radio Pakistan