Prime Minister Muhammad Shehbaz Sharif emphasized the need for innovative financial solutions to address debt challenges, including climate debt swaps and equitable debt relief mechanisms.

Addressing the Virtual Meeting Global Call before the United Nations Summit Of The Future, the Prime Minister said achieving the sustainable development goals necessitates significant reform of the International Financial Framework.

This requires enhanced concessional financing, increased official development assistance and greater lending from multilateral development banks.



Prime Minister said today, in times of unprecedented global challenges and escalating conflicts, we are at risk of permanently damaging the notion of we as a collective we requires a degree of equality and justice.

He said the plight of the people of Gaza is a mockery of this we and this we becomes marred amidst rising debt burdens for the poor, increasing poverty, growing inequality, intolerance, terrorist violence, illegal foreign occupation and a skewed approach to climate adaptation.

Prime Minister said to counter these harms, effective international cooperation is more urgent today than ever before.

He said the Summit Of The Future represents a great opportunity and everyone must not lose it.