New York-Sana
Malaysian Prime Minister Ismail Sabri Yaqoub called on the member states of the United Nations to establish an international mechanism for monetary cooperation in order to build a more effective and equitable system that would be able to provide a balanced response to the financial needs of global development.
And RIA Novosti news agency quoted Yacoub as saying in his speech at the 77th session of the United Nations General Assembly that “the injustice of the global financial system and one country’s control of interest rates for the whole world raises concern,” referring to the United States’ control of this system.
Yacoub stressed that "the situation is getting worse, and the lessons of the Corona epidemic have confirmed that we cannot escape from every challenge we encounter."
He pointed out that the political decisions of some countries affect other countries, giving an example of the way to combat inflation that the world is suffering from now, as setting interest rates by only one country affects other countries, considering that this is exactly the area in which coordination and cooperation between countries must be strengthened for fairness. everybody.