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Pakistan's PM Acknowledges Emotional Toll of Foreign Loans

1/31/2026

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Summary

Story summary

Pakistan's Prime Minister Shehbaz Sharif admitted that seeking foreign loans harmed the country's self-respect at a ceremony in Islamabad.
He reflected on the compromises made during financial crises.
He and Field Marshal Asim Munir approached several countries for loans to secure an IMF deal.
Sharif expressed gratitude to nations like China for their support.
He emphasized the emotional toll of seeking assistance and the need for self-sufficiency.

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Story summary

Pakistan's Prime Minister Shehbaz Sharif admitted that seeking foreign loans harmed the country's self-respect at a ceremony in Islamabad.
He reflected on the compromises made during financial crises.
He and Field Marshal Asim Munir approached several countries for loans to secure an IMF deal.
Sharif expressed gratitude to nations like China for their support.
He emphasized the emotional toll of seeking assistance and the need for self-sufficiency.