Pakistan PM Shehbaz Sharif admits economy's poor health; pitches for investment
Synopsis Pakistan's Prime Minister Shehbaz Sharif acknowledged the nation's struggling economy and appealed for foreign investments over aid. He emphasized trade and development. Simultaneously, India refuted Pakistan's claims of violating the Indus Waters Treaty, citing cross-border terrorism as a detrimental factor. At a UN conference, India criticized Pakistan for raising unrelated political matters. Pakistan PM Shehbaz Sharif has admitted that the country's economy is in a bad shape and has sought foreign investments instead of doles to improve the health of the economy.
ADVERTISEMENT Sharif said the world does not expect the country to come with a "begging bowl", as he urged Pakistan to focus on trade, investment and development rather than aid.
Meanwhile, India has rejected Pakistan's accusation that it has violated the Indus Waters Treaty (IWT), saying cross-border terrorism is adversely impacting the agreement. At the UN conference on glaciers in Tajikistan, minister Kirti Vardhan Singh criticised Pakistan for using the international platform to raise unrelated political issues.
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