PM asks int’l community to devise policy for economic justice

Prime Minister Shehbaz Sharif has asked the international community to devise a policy for economic justice and fairness.

He was addressing the New Global Financial Pact Summit in Paris, France tonight.

PM Shehbaz Sharif has urged the world countries to come forward in generous terms to formulate and provide an opportunity, a system and a mechanism to satisfy the most vulnerable at a minimum and create harmony in terms of economic justice and fairness to save the world from trouble, quoted Radio Pakistan.

The prime minister said that unless we come out with a fair, comfortable and judicious formula for the distribution of financial resources, the world will never be in peace.

Giving details about destructions caused by climate-induced devastating floods in Pakistan, the Prime Minister said last year we had the most devastating floods in Pakistan, which completely changed our lifestyle.

He said 33 million people were affected; millions of Acers of standing crops were washed away.

He said seventeen hundred people died in general, half a million animals were drowned and two million houses either completely demolished or partially damaged.

PM Shehbaz Sharif said now we have to cope up hundreds of millions of dollars from our pockets with our scar resources and provide money to the flood-affected people of the country.

He also expressed gratitude to friendly countries for their valuable and timely response and contribution.

The Prime Minister said there are tensions around the globe, but saving humanity from suffering is also essential.

He also lauded the UN Secretary-General Antonio Guterres for visiting Pakistan to personally witness the on-ground realities and visiting the relief camps in different areas far-flung areas of Pakistan.

The premier also hailed French President Emanuel Macron for holding the summit to highlight the sufferings of the developing countries due to the impacts of climate change and poverty.

PM Sharif on Thursday joined the world leaders at the inaugural session of the Summit for New Global Financing Pact.

French President Emmanuel Macron is chairing the Summit which is being attended by over 50 heads of states.

As a leading stakeholder in G-77 plus China grouping and also as a country adversely hit by climate change threat, Pakistan is better positioned for this role.

The two-day Summit will conclude on June 23 (Friday).

The premier arrived on Wednesday on an official visit to attend the Summit, at the invitation of the French President.

The prime minister was warmly received by Pakistan’s ambassador in France and diplomatic officials, besides senior French government authorities.

During the visit, the prime minister will also hold bilateral meetings with different heads of state.