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PM Reveals Army Chief’s Pivotal Role in Securing IMF Bailout

September 29, 2024 Catherine Williams News
News Context
At a glance
  • Prime Minister Shehbaz Sharif has acknowledged the crucial role of Saudi Arabia, Emirates, and China in securing the International Monetary Fund (IMF) program for Pakistan.
  • In a recent media talk in London, Prime Minister Shehbaz Sharif emphasized the need for unity and cooperation in the face of economic challenges.
  • Without directly referencing the PTI founder, the Prime Minister criticized the previous government's efforts to undermine relations with China.
Original source: bolnewsurdu.com

Prime Minister Shehbaz Sharif Credits Key Players in IMF Program Approval

Prime Minister Shehbaz Sharif has acknowledged the crucial role of Saudi Arabia, Emirates, and China in securing the International Monetary Fund (IMF) program for Pakistan. He also expressed gratitude towards Army Chief Asim Munir for his personal efforts in promoting economic development.

Addressing Social Media Abuse and Economic Challenges

In a recent media talk in London, Prime Minister Shehbaz Sharif emphasized the need for unity and cooperation in the face of economic challenges. He lamented that social media abuse targeting the army and martyrs is detrimental to national interests, stating that such actions are more harmful than any external enemy.

Rebuilding Relations with China and Economic Reforms

Without directly referencing the PTI founder, the Prime Minister criticized the previous government’s efforts to undermine relations with China. He also highlighted the former government’s involvement in the closure of Pakistan International Airlines (PIA) and the privatization of national institutions, which led to significant losses.

IMF Program Approval and Economic Progress

Prime Minister Shehbaz Sharif credited General Asim Munir for his instrumental role in securing the IMF program. He also acknowledged the support of Saudi Arabia, the UAE, and China in approving the loan program. The Prime Minister expressed optimism about Pakistan’s economic prospects, emphasizing the need for an expanded tax network and sacrifices from the elite.

Stability and Democracy

The Prime Minister emphasized that his government’s assumption of power has saved Pakistan from bankruptcy. He stressed that economic stability is inextricably linked to political stability and proposed the signing of the Democracy Charter in 2018.

Global Representation and Diplomacy

Prime Minister Shehbaz Sharif highlighted his efforts to represent Pakistan’s interests on the global stage, particularly during his address at the United Nations. He also extended an invitation to British Prime Minister Sir Keir Starmer to visit Pakistan, fostering diplomatic ties between the two nations.

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