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Prime Minister Shehbaz Sharif’s recent public remarks praising President Donald Trump have triggered widespread outrage in Pakistan. His effusive tone, described by critics as “needless flattery,” has revived uncomfortable memories of Pakistan’s historical dependence on Washington.Many Pakistanis believe Sharif’s overt praise undermines national dignity at a time when the country seeks to project
The International Monetary Fund (IMF) has raised fresh concerns about Pakistan’s fiscal management after authorities failed to meet the agreed tax collection targets and struggled with prolonged tax-related legal disputes.According to The Express Tribune, unresolved court cases worth more than PKR 170 billion are still pending with the Supreme Court’s Constitutional Bench, leaving the Federal
Prime Minister Shehbaz Sharif, speaking at a United Nations climate event in New York on Thursday, urged the global community to fulfil its climate finance commitments, stressing that debt-driven assistance cannot provide lasting solutions for vulnerable nations. He stated that “loans over loans” would not address the scale of climate catastrophes facing countries like Pakistan.Sharif highlighted
By June 2025, Pakistan’s unpaid dues to Chinese power producers under the China-Pakistan Economic Corridor (CPEC) reached an all-time high of PKR 423 billion, a PKR 22 billion rise from the previous year, reflecting persistent fiscal mismanagement and deepening structural failures in Pakistan’s energy and financial administration.Since 2017, Pakistan has paid a total of PKR 5.1 trillion to 18
Pakistan is facing a severe debt crisis, with over $23 billion in external payments due in the fiscal year 2025-26, which began on July 1.According to the Pakistan Economic Survey 2024-25, the country’s total public debt stood at Rs 76.01 trillion at the end of March 2025, comprising Rs 51.52 trillion ($180 billion) in domestic debt and Rs 24.49 trillion ($87.4 billion) in external debt.Of the $
The International Monetary Fund (IMF) has raised strong objections to the Pakistani government’s decision to provide tax exemptions and subsidies on imported sugar, warning that this could jeopardize its ongoing $7 billion loan agreement.The IMF’s main concerns center around Pakistan’s recent approval of duty exemptions on the import of 500,000 metric tons of sugar, which were implemented by the
China’s growing footprint in Pakistan and Bangladesh, coupled with Turkey’s inroads into Dhaka, could pull India into increasingly tricky diplomatic terrainChina’s debt diplomacy has created a significant strategic challenge for India, as Beijing’s expanding influence over both Pakistan and Bangladesh is reshaping the geopolitical landscape in South Asia. This convergence, recently highlighted by
In the aftermath of a significant escalation between India and Pakistan, a
Pakistani delegation led by Federal Minister Musadik Malik has made a public
plea in Washington for advanced American air defence systems and fighter jets.This request comes on the heels of Indian airstrikes involving 80 aircraft and
400 missiles—some reportedly capable of carrying nuclear warheads—that
Pakistan Prime Minister Shehbaz Sharif, addressing military officers in Quetta, Balochistan, delivered a significant speech on the country’s evolving international relations and its approach to economic challenges. He admitted that Pakistan had, for years, approached its allies with a “begging bowl” to shore up its financial reserves but declared that this era is now over.Sharif emphasised that
In 2025, developing countries are confronting unprecedented financial pressure as debt repayments to China reach record levels. According to a detailed report by the Lowy Institute, these nations are expected to pay a total of USD 35 billion to China this year, with USD 22 billion of that sum owed by the world’s 75 poorest and most vulnerable countries.This surge in repayments is primarily the