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Zardari Calls for Global Financial Overhaul, Debt Relief to Boost Social Justice and Sustainable Growth

Zardari Urges Fair Global Financial System for Inclusive Growth

President Asif Ali Zardari has called on the international community to reform global financial structures that, he said, unfairly burden developing nations and hinder their pursuit of social and economic justice.

Speaking at the Second World Summit for Social Development, President Zardari stressed that the current system of international finance and taxation perpetuates inequality and prevents poorer nations from investing adequately in their people.

“Our collective progress depends on fairer financial systems that allow every country the space to grow and prosper,” he said.


Pakistan’s Vision: People-Centered Development

Reaffirming Pakistan’s commitment to social justice, equality, and human rights, Zardari emphasized that development efforts must focus on human well-being. He reiterated Pakistan’s support for the Doha Political Declaration, describing it as aligned with the country’s vision of inclusiveness and sustainable progress.

“Pakistan remains steadfast in placing people at the center of policy,” the president declared, adding that the government’s development model prioritizes equity and dignity.


Highlighting Pakistan’s Social Protection Achievements

Showcasing domestic progress, Zardari pointed to the Benazir Income Support Programme (BISP) — a flagship initiative that has provided financial aid, healthcare, and education support to more than nine million families.

He noted that the BISP has earned international recognition as one of the most effective models of social protection.

Pakistan, he said, is committed to achieving the Sustainable Development Goals (SDGs), pledging to boost literacy to 90% and ensure universal school attendance within five years.


Youth Empowerment and Climate Resilience

The president also highlighted Pakistan’s focus on youth development and climate resilience, citing initiatives such as the National Youth Internship Programme and green housing projects.

He said the government is promoting nature-based solutions, including large-scale mangrove restoration, to protect vulnerable communities from climate threats while creating employment opportunities.


Raising Alarms on Water Security and Regional Conflicts

Zardari voiced deep concern over the “weaponisation of water” and alleged violations of the Indus Waters Treaty, describing them as a “serious threat” to the livelihoods of 240 million Pakistanis.

He also condemned the ongoing atrocities in Palestine, calling the humanitarian crisis there a stain on global conscience. Drawing parallels with Kashmir, he reaffirmed Pakistan’s enduring support for both peoples’ right to self-determination.


A Call for Compassion and Collective Progress

Concluding his address, President Zardari urged nations to rise above divisions and work toward a future rooted in compassion, equity, and shared prosperity.

“Development must begin and end with the betterment of people,” he said. “Only by working together can we create a world where justice, peace, and dignity prevail for all.”

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