LAHORE: Former Pakistan Prime Minister Nawaz Sharif expressed deep concern over his nation's financial standing, juxtaposing it with India's remarkable achievements, including reaching the moon and hosting the prestigious G-20 summit. Sharif underscored the economic struggles of Pakistan, stating that the country finds itself seeking financial assistance from other nations.
During a party meeting in Lahore, conducted via video link, Sharif questioned the trajectory of Pakistan's economic growth, pointing fingers at the role of ex-army generals and judges. He emphasized that while India has successfully navigated economic reforms since the 1990s, attaining substantial financial reserves and global influence, Pakistan continues to grapple with a crippling economic situation.
The 73-year-old leader, a prominent figure in the Pakistan Muslim League-Nawaz (PML-N) party, drew a stark contrast between India's economic progress and Pakistan's ongoing struggle with uncontrollable double-digit inflation, exerting immense pressure on its populace, particularly the vulnerable segments of society. He urged introspection regarding the reasons behind Pakistan's inability to replicate India's advancements.
Sharif specifically highlighted India's astounding increase in foreign exchange reserves, rising from one billion dollars during Atal Bihari Vajpayee's tenure as Prime Minister to an impressive 600 billion dollars today. He questioned why Pakistan finds itself in a position of financial dependency, seeking aid from other nations, while India stands as a global player, achieving significant milestones. Sharif's comments have reignited discussions about Pakistan's economic policies and the need for comprehensive reforms to bridge the gap with its neighboring nations.