Pakistan’s Deputy Prime Minister Ishaq Dar has stated that ‘if my advice had been followed in 2017, we would not have had to beg for help for the next five years.’

Pakistan was tackling overseas Pakistanis in New York and further said that in 2017 Pakistan had become the 24th largest economy in the world, “but after that the country was on the verge of bankruptcy.”

“Despite all the political challenges, we managed to save Pakistan from going bankrupt,” he added.

He further discussed the improvements in the economy and said, “Inflation has fallen, the policy rate has been reduced and there is now signs of financial stability. Before the 2013 election, Pakistan was seen as an economically unstable country, but after we won we won the things around and improved financial indicators of only three years.

DAR pointed out that inflation between 2013 and 2017 was brought down to 3.6%, interest rates fell to 5%, and loading of caste was completely removed. “We also invested a lot in fighting terrorism that brought peace to the country. With operations such as Zarb-e-Azb and Radd-Ul-Fasad, Karachi’s light came back on, and for the first time Pakistan successfully ended the International Monetary Fund successfully (IMF) Program.

“At that time, global financial institutions praised Pakistan’s economy, and they even predicted that we would join the G20 by 2030. But after the change of government in 2018, our economy weakened and fell to 47. Space and approached bankruptcy,” said He.

DAR emphasized, “When the Pakistani Democratic Movement (PDM) government took over in 2022, we had to put aside political interests to save the country from bankruptcy. If my advice in 2017 had been taken over, we would not have been subjected to these problems. “

He added, “When I got another chance in 2023, I worked to bring the economy back to stability. Inflammation dropped to 6.4%, interest rates fell from 22%to 12%, and our currency reserves and exports rose. Now it rose Global institutions again praise Pakistan’s economic recovery.

Dar said, “In 2014 we allocated significant financial resources to combat terrorism that restored peace. But now recovering, and the lack of political continuity is blamed. The previous government entered into agreements with terrorist groups, which led to the release of those involved In serious crimes, and this created instability.

He ended by saying, “In Pakistan, the government often changes itself but everyone had to work for improving the country. If the previous government had taken our economy from 24 to 20. Position, I would have appreciated it, but instead they brought It down to 47. and it cannot be praised.

Deputy Prime Minister Ishaq Dar also confirmed the government’s obligation to support and facilitate Pakistani Diaspora.

He also noticed significant growth in transfers, exports and the overall economic performance, emphasizing the country’s ongoing reforms to attract investment and improve trade.

He mentioned a special mention of Special Investment Facilitation Council (SIFC) as an instrumental mechanism for investment promotion in the country.

Dar urges Muslim countries to unite for Palestine

Ishaq Dar also called on Muslim countries to work collectively to preserve Palestine interests and principles and goals of the Arab and Muslim Ummah.

He spoke during a briefing to the OIC Group in New York at ambassadør level.

Ishaq Dar said the Gaza war has had catastrophic consequences for the Palestinian people.

He also said that Pakistan supports the persecution of diplomacy to preserve the Gaza weapon’s agreement and the negotiation and implementation of its second and third stages.

Deputy Foreign Minister urged to carefully oppose proposals for the deportation of the Palestinians from their homeland.

He added that we need to start concrete steps to secure the two-state solution.

Ishaq Dar confirmed Pakistan’s unwavering support for the righteous struggle for the Kashmiri people and called on the international community to seek a peaceful solution of Jammu and Kashmir -Tvisten in accordance with the relevant UN Security Council’s decisions and wishes from the Kashmiri people.

He also expressed Pakistan’s steadfast obligation to promote the general goals of OIC at the UN.