Pakistan PM says ‘all hell’ will break loose if debt deal not reached23rd September 2022
Pakistan’s Prime Minister Shehbaz Sharif fears that all hell will break loose if a debt deal is not reached to aid the flood-stricken country as the threat of epidemics looms large.
More than 1,400 people have been killed and 33 million affected by record flooding and monsoon rains which battered the country in recent months, and also caused devastation in neighbouring Afghanistan. Recovery is estimated to cost at least $30 billion.
In an interview with Bloomberg in New York, where he was scheduled to address the UN General Assembly on Friday, Mr Sharif said he had spoken to European leaders and creditor nations to secure a moratorium on debt, some of which is due in the next two months.
“Unless we get substantial relief, how can the world expect from us to stand on our own feet?” he said. “It is simply impossible.”
Thousands of doctors have been sent to Pakistan’s worst-hit province of Sindh to battle against the spread of waterborne diseases. More than 134,000 cases of diarrhoea and 44,000 cases of malaria were reported in the province this past week, AP reported.
Addressing the “colossal” costs of rebuilding, Mr Sharif also warned of impending chaos if Pakistan does not receive more funds.
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