Pakistan's former Prime Minister, Nawaz Sharif, who currently resides in self-imposed exile, has criticized his country's financial situation, contrasting it with India's accomplishments, including its lunar mission and hosting the G20 summit. He attributed Pakistan's economic challenges to former military leaders and judges.
"Presently, Pakistan's prime minister is visiting various nations to seek financial assistance, while India has successfully launched lunar missions and played host to the G20 summit. Why hasn't Pakistan achieved similar feats, and who bears responsibility for this?" Sharif questioned during a party meeting in Lahore, addressing the gathering via video link from London.
Sharif also pointed out that when Atal Bihari Vajpayee assumed office as India's Prime Minister, the country had a meager billion dollars in its foreign exchange reserves. However, he noted that India has since seen a substantial increase in its foreign exchange reserves, reaching a staggering $600 billion. This sharp contrast led him to question the divergent trajectories of India and Pakistan.
In July, Pakistan received a $1.2 billion transfer from the International Monetary Fund (IMF) as part of a $3 billion bailout program aimed at bolstering the nation's fragile economy.
Overall, Nawaz Sharif's comments underscore the economic challenges facing Pakistan and the stark contrast he perceives between Pakistan's financial struggles and India's economic progress.