Bloomberg tv, Television network

New York, Sep 23 With debt obligations drawing to a close, Pakistan Prime Minister Shehbaz Sharif has made an urgent appeal for relief in the repayment of debts from rich nations, reminding them that Pakistan is bearing the brunt of environmental damage caused by them to cater to their greed, media reports said.As per Sharif, there is a "yawning gap" between what Pakistan is asking for and what is available, warning that the nation is facing the imminent threat of epidemics and other dangers, Geo News reported."God forbid this happens, all hell will [break loose]," he said.In a conversation with Bloomberg TV, Sharif said Pakistan recently signed a deal with the IMF under "very tough" conditions, including taxes on petroleum and electricity.Seeking support for Pakistan, hit by catastrophic floods this monsoon while already reeling from a stressed economy, Sharif said, "Unless we get substantial relief, how can the world expect us to stand on our own feet? It is simply impossible. The world has to stand by us."Responding to a question about debt obligations, the premier said they have spoken to European leaders and other leaders "to help us, in the Paris Club, get a moratorium".Sharif shared that he'd spoken to the World Bank about immediate debt relief and would begin talks with China after the Paris Club, Geo News reported.Pakistan owes $30 billion to China, or about a third of its total external debt.He said the floods were the result of an unprecedented cloudburst induced by climate change due to the environmental damage caused by fossil fuels."Therefore, it's none of our doing, our making. Our carbon emission is less than 1 per cent and to be very exact, it's 0.08 per cent, which is the lowest in the world. But we are rated as one of the most vulnerable countries," he said.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Bloomberg TvFOLLOW

Bloomberg tv, Latest News

Technology :SoftBank to trim 30% of workforce at loss-making Vision Fund: Report

Tokyo, Sep 29 Battered by heavy losses, Masayoshi Son-run SoftBank is laying off at least 30 per cent ... ...

Health :New research shows how to prevent antibiotic-related hearing loss

Researchers at Indiana University School of Medicine are coming up with fresh approaches to investigate why antibiotic results in permanent hearing loss and the death of hair cells in people. ...

Business :On World Lung Day, Alkem Laboratories pledge to spread awareness about lung diseases through its initiative 'The Healthy Lungs'

World Lung Day (WLD) - September 25 is a gentle reminder for everyone to take good care of their lungs. Though lungs do not have the celebrity status as the heart, they are one of the most important and delicate organs of the human body. Exposure to ...

International :Shehbaz Sharif fears 'all hell to break loose' sans debt relief

New York, Sep 23 With debt obligations drawing to a close, Pakistan Prime Minister Shehbaz Sharif has made ... ...