'Allies no longer expect us to come with begging bowl': Shehbaz Sharif admits Pakistan can’t rely on hand

Addressing senior military officers in Quetta, Shehbaz Sharif acknowledged a pivotal shift in Pakistan's economic stance, emphasizing the country's need to become self-reliant. He declared the end of an era where Pakistan would approach international allies with a "begging bowl," highlighting a strategic move towards financial independence. This statement marks a significant policy change, reflecting a desire to foster domestic growth and stability. Sharif pointed out that key allies, including China and Saudi Arabia, have expressed expectations for Pakistan to strengthen its economic foundations internally. The Prime Minister underscored the importance of developing sustainable economic policies, focusing on harnessing local resources and enhancing industrial capabilities. This approach aims to reduce dependency on foreign aid, which has historically been a crutch for the nation's economy. The announcement comes amid ongoing economic challenges in Pakistan, with Sharif stressing the urgency of structural reforms. By prioritizing self-sufficiency, the government aims to restore confidence among international investors and partners. As Pakistan embarks on this transformative journey, the emphasis will be on innovation, increased productivity, and building a resilient economic framework that can withstand global uncertainties.

— Authored by Next24 Live