Islamabad: For the last few days, Pakistan is facing a serious economic crisis. To get the country out of this crisis, Pakistan is constantly asking for money from other countries. In such a situation, now Pakistani PM Shehbaz Sharif has also accepted that asking for a loan is a matter of shame for a nuclear-rich country.

In fact, on Saturday (January 14), the passing out program of the probationary officers of the Pakistan Administrative Service (PAS) was organized. While addressing this program, Pak PM Shehbaz Sharif expressed regret and said that it was shameful for him to ask for more loans from friendly countries. Taking a loan from abroad is not a permanent solution to economic challenges, because this loan will also have to be returned. He has also said that by achieving the Sustainable Development Goals (SDGs), foreign debt can be avoided if his bus moves in the right direction at a fast pace.

Regarding the current economic challenges of Pakistan, PM Sharif has said that during the last 75 years, there have been many governments in the country, whether it is a government led by political leaders or a government led by military dictators – none of the economic problems of the country have been solved. Could Shehbaz Sharif praise the UAE for giving the loan and said that President Sheikh Mohammed bin Zayed has very politely and lovingly announced another $1 billion loan to Pakistan.

Let us tell you that the crisis of bankruptcy in Pakistan is getting deeper. Pakistan has now become completely dependent on foreign aid. In Pakistan, the price of a packet of flour has crossed Rs.3100. To overcome this serious crisis, the Government of Pakistan is importing wheat from Russia. However, even after this, the people of Pakistan are in need of flour.

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