Shehbaz Sharif: Embarrassing to ask for more loans

Story by  ATV | Posted by  Nakul Shivani | Date 16-01-2023
Pakistan Prime Minister Shehbaz Sharif
Pakistan Prime Minister Shehbaz Sharif

 

Islamabad

Amid an economic crunch in Pakistan, Prime Minister Shehbaz Sharif has said that it is embarrassing for him to ask for more loans.

“Loans is not a solution to the economic challenges facing the country as they would be returned,” he was quoted as saying by local media outlets.

Meanwhile, Sharif also thanked Saudi Arabia for the financial support.

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During the past 75 years, different governments, whether headed by the political leadership or military dictators, could not address the economic issues, he said.