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Drastic measures needed to stop stealing wealth from developing countries: PM Imran

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Web Desk
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News Stories Posted by ARY News Digital Team

ISLAMABAD: Prime Minister Imran Khan on Wednesday underscored the need for drastic measures to stop stealing wealth from developing countries, ARY News reported.

Delivering a keynote address at the governing council of the International Fund for Agricultural Development (IFAD) virtually, PM Imran Khan said that the world faced a “looming agricultural crisis”.

 

He maintained that they needed a common global plan for the survival of all mankind and warned that there could be a catastrophe if the world does not take action now.

COVID-19 badly affected the economy of the poor countries, PM Imran said, adding that they needed $4.3 trillion to recover from the aftermaths of the pandemic.

“I further propose that a new strategy for sustainable food production and consumption should be considered and adopted at the Food Systems Summit next year,” he added. On the occasion, the prime minister also shared Pakistan’s efforts to mitigate the sufferings of poor people including the historic  $8 billion relief package given by the government during the COVID-19 pandemic.

During his address, PM Imran Khan also proposed a five-point agenda for the uplift of the developing countries in the world.

Read More: Money stolen from developing nations should be returned: PM Imran Khan

Last year on September 24, Prime Minister Imran Khan had said that every year billions of dollars were illegally transferred from developing countries across the globe.

“White-collar criminals loot US$1 trillion from developing countries every year,” he had said while addressing a high-level panel on Financial Accountability, Transparency, and Integrity (FACTI) on the sidelines of the ongoing United Nations General Assembly session and called for formulating laws to bring back this money to the developing countries.

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