My head bows down automatically while asking for a loan ! : Shahbaz Sharif

Statement of Shahbaz Sharif; Prime Minister of Pakistan – a country living on debt  

Islamabad (Pakistan) – Pakistan has been running on debt for the last several years. It is not easy to ask for a loan;  Pakistan Prime Minister Shahbaz Sharif said that he along with Pakistan Army Chief Asim Munir went to many countries and presented the pathetic situation of Pakistan there.
Shahbaz Sharif further said that Pakistan had to explain to these countries what difficult phase they were going through. The demand for billions of dollars of loans was made only after explaining why the IMF program was necessary.

With borrowings come many responsibilities and pressure. Lending countries lay many conditions; in such a situation, no matter how uncomfortable the situation is, the government has to agree to some things while maintaining self-respect. China helped Pakistan the most in difficult times, and Saudi Arabia, the United Arab Emirates and Qatar also supported Pakistan.

Shehbaz Sharif said that he had assured the IMF chief  that the government would fully comply with the agreement. Only then IMF delegation worked together with Pakistan. Because of this very reason the country could save itself from bankruptcy, he further said.

Editorial Perspectives

• Needless  to say, since Pak has no remorse as to why this situation has come, it will continue to beg  in a similar manner in the future !
• They should remember that in the next few years, a country called Pakistan will disappear from the world map and with that the money lent to it by other countries too.