The Vice Prime Minister of Pakistan, Ishaq Dar, has stated that “if my advice had continued in 2017, we would not have had to ask for help during the next five years.”
When heading to the Pakistani abroad in New York, he also said that in 2017, Pakistan had become the largest 24th economy in the world “, but after that, the country was found on the verge of bankruptcy.”
“Despite all political challenges, we managed to save Pakistan from bankruptcy,” he added.
He also discussed the improvements in the economy, saying: “Inflation has decreased, the policy rate has been reduced and now there are signs of economic stability. Before the 2013 elections, Pakistan was seen as an economically unstable country, but after win, we change things and improve economic indicators in just three years. “
Dar pointed out that between 2013 and 2017, inflation was reduced to 3.6%, interest rates fell to 5%and completely eliminated charging detachment. “We also invented a lot in the fight against terrorism, which brought peace to the country. With operations such as Zarb-E-Aazb and Radd-Ul-Fasad, Karachi’s lights came back to, and for the first time, Pakistan completed with Success The International Monetary Fund (IMF) program “.
“At that time, the global financial institutions praised the economy of Pakistan, and even predicted that we would join the G20 by 2030. But after the change of government in 2018, our economy weakened and fell to the 47th place, in bankruptcy,” he said . .
Giving emphasized: “When the Government of the Democratic Movement of Pakistan (PDM) took over 2022, we had to leave aside the political interests to save the country of bankruptcy. If my advice had been taken in 2017, we would not have faced These problems “
He added: “When I had another opportunity in 2023, I worked to return the economy to stability. Inflation fell to 6.4%, interest rates fell from 22%to 12%, and our foreign exchange reserves and exports increased. Now, global , Global once again, institutions praise Pakistan’s economic recovery. “
When addressing the problem of terrorism, he said: “In 2014, we assigned substantial financial resources to combat terrorism, which restored peace. But now, terrorism is resurfaceing and the lack of continuity of politics is the fault. The previous government He made agreements with terrorist groups, which led to the release of those involved in serious crimes, and this created instability. “
He concluded by saying: “In Pakistan, the government changes frequently, but everyone should work for the improvement of the country. If the previous government had taken our economy 24 to 20, it would have appreciated that, but instead, they brought it was reduced to 47 , and that cannot be praised. “
Vice -Prime Minister Ishaq also reaffirmed the government’s commitment to support and facilitate Pakistani diaspora.
He also pointed out significant growth in remittances, exports and general economic performance, which underlines the continuous reforms of the country to attract investments and improve trade.
He made a particular mention of the Special Investment Facilitation Council (SIFC) as an instrumental mechanism for promoting investment in the country.
Give Muslim countries to join for Palestine
Ishaq also urged Muslim countries to work collectively to preserve the interests of Palestine and the principles and objectives of the Arab and Muslim Ummah.
I was talking during an informative session to the OIC group in New York at the ambassadors level.
Ishaq Dar said that Gaza’s War has had catastrophic consequences for the Palestinian people.
He also said that Pakistan supports the search for diplomacy to preserve the agreement of Alto El Fuego de Gaza and the negotiation and implementation of its second and third phases.
The Vice Minister of Foreign Affairs urged to rigorously oppose the proposals for the expulsion of the Palestinians of their homeland.
He added that we must initiate concrete steps to ensure the solution of two states.
Ishaq reaffirmed the unwavering support of Pakistan to the fair struggle of the People of Cashmir The wishes of the town of Cashmiri.
He also expressed Pakistan’s firm commitment to advance the common objectives of the OICs in the UN.
