Pakistan Prime Minister Imran Khan urged the international community on Tuesday to create fiscal space for developing nations to help them cope with the adverse effects of the COVID-19 pandemic.

Addressing a meeting of world leaders on the pandemic’s economic impact via video link, the prime minister also emphasised the need to ensure an equitable and affordable distribution of a COVID-19 vaccine once it’s ready.

“Debt relief is one of the quickest ways to create fiscal space for developing countries,” said Mr Khan while recalling that he called for a “global initiative on debt relief” in April this year.

The meeting on “Financing the 2030 Agenda for Sustainable Development in the Era of COVID-19 and Beyond” was jointly convened by UN Secretary-General António Guterres, Prime Minister Justin Trudeau of Canada and Prime Minister Andrew Holness of Jamaica.

https://www.dawn.com/news/1582374/pm-seeks-fiscal-space-for-developing-nations