UNITED NATIONS, Dec 02 (APP): The President of U.N. Economic and Social Council (ECOSOC), Ambassador Munir Akram of Pakistan, has called for providing emergency financing for coronavirus-hit developing countries to enable them to avoid economic collapse, as he stressed the need for international cooperation at this critical stage. Kaavan arrives ‘safely’ Cambodia for happier life ahead: SAPM ‘This is our life’: Armenians flee before Azerbaijan arrives French MPs announce ‘rewrite’ of controversial police bill A Man of all Seasons “There will be debt defaults and economic collapse in several countries, causing massive human suffering unless the world acts now,” he told a joint high-level meeting of the General Assembly and ECOSOC to commemorate the 25th anniversary of the World Summit for Social Development. The Summit, held in Copenhagen, Denmark, in March 1995, saw world leaders agree that economic growth and social development must be balanced. Biden taps Janet Yellen as Treasury secretary First body pulled from Zimbabwe gold mine disaster Tourism promotion to help improve economy, reduce poverty: PM Reiterating stance, India refuses to support China’s mega connectivity project at SCO That balanced approach had become progressively reflected in international and national policies, Ambassador Akram said, adding that the past … Continue reading Emergency funding needed to help coronavirus-hit poorer countries avoid economic collapse: ECOSOC chief
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