International debt relief measures helped Pakistani economic situation: ambassador
WASHINGTON: Pakistan’s Ambassador to the United States Asad Majeed Khan on Thursday said that the measures taken at international level to provide debt relief to the coronavirus-hit developing countries have helped Pakistan in coping with a very difficult economic situation.
“The crisis stemming from the pandemic could not have come at a worse time for Pakistan because the very tough economic reforms that government undertook over the last one year had just begun to produce results,” he said while talking to a US TV channel.
The ambassador said the government was trying to do its best to look after the vulnerable population by giving cash directly into their hands and also providing them subsidized rations.
Prime Minister Imran Khan on Thursday said the PTI Government successfully transferred 120 billion rupees in 9 weeks to over 10 million families in a transparent manner to deal with the COVID-19 fallout on the poor.
Quoting a media report, in a tweet, he said 34 percent of households across India will not be able to survive for more than a week without additional assistance. The prime minister, however, offered to help and share Pakistan’s successful cash transfer programme, lauded internationally for its reach and transparency, with India.