UN credibility at stake over Palestine, Kashmir, says Pakistan speaker, as he backs multilateralism

Speaker of Pakistan's National Assembly, Ayaz Sadiq (second right-front row), is addressing Sixth World Conference of Speakers of Parliament in Geneva, Switzerland on July 29, 2025. (@NAofPakistan/X)
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Updated 30 July 2025
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UN credibility at stake over Palestine, Kashmir, says Pakistan speaker, as he backs multilateralism

  • Ayaz Sadiq was speaking at the 6th World Conference of Speakers of Parliament in Geneva
  • He warned the UN risked the fate of the League of Nations if multilateralism was undermined

ISLAMABAD: Pakistan’s National Assembly Speaker (NA) Sardar Ayaz Sadiq has warned that the credibility of the United Nations system is under threat, according to an official statement on Wednesday, as he called for a return to multilateralism to address long-standing conflicts in places like Palestine and Kashmir.

Speaking at the 6th World Conference of Speakers of Parliament in Geneva, Sadiq said the international system was being undermined by populism, unilateralism and the politicization of humanitarian principles.

He stressed the need for diplomacy and institutional reform to restore global trust in the system.

“The world has witnessed enough bloodshed,” Sadiq told parliamentary leaders from around the globe. “It is time for new thinking, time to embrace pluralism, time to respect diversity and time for a new beginning.”

Citing the UN Security Council’s failure to resolve protracted disputes around the world, he said peaceful conflict resolution must now be treated not only as a legal obligation, but a strategic imperative.

Coercion and unilateral action, he added, cannot deliver sustainable peace.

Sadiq evoked Geneva’s historic role as the heart of diplomacy, recalling that the city had been the birthplace and graveyard of the League of Nations.

He maintained today’s multilateral institutions risk a similar fate if they continue to be undermined by narrow nationalism and hegemonic politics.

The NA speaker praised the unanimous adoption of UN Security Council Resolution 2788, led by Pakistan during its recent presidency, which calls for strengthening global mechanisms for peaceful dispute settlement through mediation, arbitration, judicial action and diplomatic engagement.

Turning to the global economy, he said over 100 developing countries are facing debt distress or liquidity crises, highlighting what he described as systemic shortcomings in the international financial and trade architecture.

Sadiq called for urgent reforms to build a fairer, development-oriented global financial system that supports the Global South, enhances economic resilience and reduces inequality.

He also reiterated Pakistan’s longstanding call to reform and democratize the UN Security Council, making it more representative, accountable and transparent.

Only such reform, he added, can help restore trust in multilateralism and enable the global system to meet the challenges of the 21st century.


IMF says has made ‘considerable progress’ as Pakistan funding talks continue

Updated 12 March 2026
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IMF says has made ‘considerable progress’ as Pakistan funding talks continue

  • Discussions covered the impact of the Middle East conflict on Pakistan, balance of payments and external financing needs
  • Pakistan’s program implementation under a $7 billion program remained broadly aligned with authorities’ commitments, IMF says

KARACHI: The International Monetary Fund (IMF) has made “considerable ‌progress” ‌in ​talks with ‌Pakistan ⁠over ​its funding ⁠facilities, the Fund said late Wednesday, adding that discussions will continue in the coming days.

The IMF mission, led by Iva Petrova, had started talks with Pakistani officials on the third review of a $7 billion Extended Fund Facility (EFF) multi-year program and for the second review of the $1.4 billion Resilience and Sustainability Facility (RSF) from Feb. 25 to Mar. 11, according to the IMF.

The mission observed that Pakistan’s program implementation under the EFF remained broadly aligned with the authorities’ commitments through end-Feb., with both sides making progress on policies, including fiscal consolidation, a sufficiently tight monetary policy and advancing energy sector reforms.

“While considerable progress was made in the discussions, these will continue in the coming days, including to more fully assess the impact of recent global developments on Pakistan’s economy and the EFF-supported program,” the IMF quoted Petrova as saying.

Both EFF, secured in Sept. 2024, and the RSF, secured in May 2025, are key programs crucial for stabilizing Pakistan’s fragile economy. The IMF team was in the country to assess fiscal performance, energy-sector reforms, and external financing needs before approving the next disbursement.

The ongoing IMF engagement is seen as vital for Pakistan as geopolitical tensions and rising global oil prices pose renewed risks for its economic recovery.

The IMF mission observed that Islamabad paid “particular attention” to deepening structural reforms and made “good progress” in the implementation of their agenda to strengthen climate resilience, including through the completion of reform measures under the RSF.

“Discussions also covered the impact of the conflict in the Middle East on Pakistan’s economic outlook, the balance of payments and external financing needs amid volatile and rising energy prices and tighter global financial conditions,” Petrova said, adding:

“The IMF team and the authorities will continue these discussions with a view to conclude them in the coming days.”