Pakistan’s Deputy PM Calls for Equitable Global Financial Architecture

Sat Oct 26 2024
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APIA: Pakistan’s Deputy Prime Minister Ishaq Dar has called on the global community to establish a more equitable financial architecture.

Speaking at the Executive Session of the Commonwealth Heads of Government Meeting in Apia, Samoa, he emphasized the need for prioritizing debt relief and restructuring, sustainable investments in resilient infrastructure, improved access to climate financing, and digital and financial inclusion, while also strengthening multilateral cooperation.

Dar highlighted that Pakistan acknowledges the urgent need for investments in health, education, and infrastructure, but faces significant challenges due to limited access to international financial markets and the impacts of climate change.

He said that Pakistan’s active participation in Commonwealth working groups focused on the digital economy and sustainable finance demonstrates the country’s commitment to integrating innovative solutions into its economic strategy.

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