Under the burden of inflation, bad economy and debt, Pakistan has finally accepted that it is begging from other countries for help. During a meeting in Quetta, Pakistan Prime Minister Shehbaz Sharif said that Pakistan wants to approach the world not with a begging bowl but as an equal partner for trade, investment and innovation.
Addressing army officers at the Command and Staff College in Quetta, PM Sharif said, “China is Pakistan’s most trusted friend. Countries like Saudi Arabia, Turkey, Qatar and UAE are our most trusted allies. All these countries want to connect with us as equal partners. We want to work together in areas such as trade, innovation, education and health.”
“I and Field Marshal Asim Munir are the last people to shoulder this economic burden. Now this burden is on the shoulders of the entire nation,” Shahbaz Sharif said, referring to Army Chief Field Marshal Asim Munir.
Just a few days ago, the IMF has given Pakistan a new loan of $1 billion (about Rs 8,500 crore). At the same time, China has assured Pakistan to repay a commercial loan of $3.7 billion (Rs 32 thousand crore) in Chinese currency before the end of June.