Ahsan Iqbal, a prominent leader of the Pakistan Muslim League-Nawaz (PML-N), has taken aim at the founder of the Pakistan Tehreek-e-Insaf (PTI), highlighting the pressing economic challenges confronting the nation. Addressing a gathering in Narowal, Iqbal underscored the critical imperative of revitalizing Pakistan’s economy, emphasizing the daunting task of addressing outstanding loans amounting to Rs. 7300 billion.

Expressing deep concern over the country’s heavy reliance on loans, Iqbal remarked, “The entire country is running on loans,” shedding light on the precarious financial situation exacerbated by persistent borrowing practices. He cautioned against the unsustainable trajectory of perpetual borrowing, urging policymakers to adopt measures aimed at fostering economic resilience and reducing dependence on external financing.

Iqbal’s remarks offer a stark assessment of Pakistan’s economic landscape, where the specter of mounting debt looms large, posing significant challenges to fiscal sustainability and long-term prosperity. As a seasoned statesman with a keen understanding of economic dynamics, Iqbal’s call for prudent fiscal management and strategic economic reforms resonates with the imperative of charting a course towards sustainable growth and stability.

Against the backdrop of evolving economic realities, Iqbal’s advocacy for a comprehensive approach to economic rejuvenation reflects his commitment to steering Pakistan towards a path of resilience and prosperity. By highlighting the imperative of curbing excessive reliance on loans, Iqbal underscores the need for concerted efforts to bolster domestic revenue generation, enhance fiscal discipline, and foster an environment conducive to investment and economic growth.

As Pakistan navigates the challenges of economic recovery and transformation, Ahsan Iqbal’s steadfast advocacy for prudent financial stewardship serves as a rallying cry for policymakers and stakeholders alike to prioritize sustainable economic policies and initiatives aimed at safeguarding the nation’s fiscal future.