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PM calls for global cooperation to help humanity
Gulf Today
|October 29, 2025
Prime Minister Shahbaz Sharif said on Tuesday that Pakistan cannot continue to rely on loans, as borrowing weakens the country’s economy and breaks its backbone.
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Speaking at the 9th Future Investment Initiative Conference titled “IS HUMANITY HEADING IN THE RIGHT DIRECTION" in Riyadh, the prime minister took part in a high-level discussion on the theme “Is Humanity Moving in the Right Direction?”
Shahbaz called for mutual cooperation to support countries like Pakistan that are battered by the climate catastrophes and ruled out loans as the only option to recover. He added that repeated loans would erode the economic might of such countries stagnating economic development.
This story is from the October 29, 2025 edition of Gulf Today.
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