Janhit: Pakistan’s Global Image Crumbles, From Strategic Ally to International Beggar | ABP NEWS
Pakistan, often dubbed as a nation begging for aid, is facing a tough reality as many countries have started closing their doors to its financial demands. Prime Minister Shahbaz Sharif openly admitted that Pakistan’s traditional allies like Turkey, Qatar, UAE, and others no longer want to offer mere handouts. Instead, they expect Pakistan to engage in partnerships involving trade, education, health, investments, and research. This shift marks a new phase where Pakistan can no longer rely on charity but must offer returns on investments. Pakistan is heavily burdened by foreign debt, with China, Saudi Arabia, and the UAE being its major creditors. The country owes the IMF approximately 70,903 crore rupees, making it Pakistan’s largest creditor. Since 1958, Pakistan has taken loans 25 times from the IMF totaling 241 billion rupees, often struggling to repay interest, which worsens its economic woes. Meanwhile, many countries have deported Pakistani workers, further damaging its image. Pakistan's defense expenditures and internal turmoil continue despite international bailouts. Shahbaz Sharif’s statement reveals the heavy burden the Pakistani people will bear due to this debt and the shift towards partnerships rather than aid. This reality questions whether Pakistan will become a viable partner or remain a beggar, struggling under the weight of loans and geopolitical pressures. China's strategic lending has pushed Pakistan deeper into debt, making it a key player in regional power dynamics.
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