News & Views

PM Imran to address WEF session via video link today

Prime Minister Imran Khan will address the session of the World Economic Forum on Wednesday via video link to discuss ways and measures to curb the coronavirus outbreak that has wracked the world.

The prime minister will begin his address at 8:30pm local time.

In the session, world leaders will participate and discuss measures taken to stem the spread of the deadly pandemic.

PM Imran will also apprise the world community about the measures put in place by the government to battle the disease.

A day ago, Foreign Minister Shah Mahmood Qureshi said that the premier will discuss pertinent issues during his address to the world leaders.

FM Qureshi said the premier will apprise the international community of Pakistan’s viewpoint on coronavirus pandemic, situation in India-occupied Kashmir, and his debt relief proposal for debilitated economies of the world.

According to a a report by the World Economic Forum, risk managers expect a prolonged global recession as a result of the coronavirus pandemic.

Half of the risk managers expect bankruptcies and industry consolidation, the failure of industries to recover, and high levels of unemployment, particularly among the young.

“The crisis has devastated lives and livelihoods. It has triggered an economic crisis with far-reaching implications and revealed the inadequacies of the past,” said Saadia Zahidi, managing director of the World Economic Forum.

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