PM Shahbaz calls for Grant-ased Support to Developing States

Prime Minister Shahbaz Sharif seems to be conspicuously active in economic affairs lately as first he talked about power relief tariffs and now he passed his discreet verdict on grant-based support for developing states.

Although the larger political structure is debased and travestied, he potentially puts in an effort upfront to deal with state matters with finesse. On Friday, Shehbaz Sharif renewed his call for more predictable, flexible, and grant-based financial aid to help developing nations build resilient infrastructure and invest in sustainable development.

He further added, in absence of the grant provision the desire to acclimate to environmental friendly ways and green transition would be obstructed with hurdles.

He highlighted Pakistan’s “cruel paradox,” noting that despite contributing less than 1% to global emissions, it remains among the most climate-affected nations, facing floods, glacial melt, heatwaves, and droughts. Pakistan remaining stuck in a vortex of despondency yelps for foreign monetary aid.