ISLAMABAD: Foreign Minister Shah Mahmood Qureshi says developing world may have dire social, political and economic consequences if immediate, coordinated and comprehensive actions are not taken to create fiscal space.
He was talking to his Japanese counterpart Toshimitsu Motegi over telephone to discuss Covid-19 pandemic situation and its aftermath.
Highlighting that the developing countries have to fight on two fronts such as containing the virus, and staving off starvation, Shah Mahmood Qureshi briefed Foreign Minister Motegi about Prime Minister Imran Khan’s “Global Initiative on Debt Relief” for developing countries.
