Pakistan Begging Crisis: PM Shehbaz Sharif's Riyadh Comment Sounds Alarm, "Loans Over Loans..."

Pakistan Begging Crisis: PM Shehbaz Sharif's Riyadh Comment Sounds Alarm, "Loans Over Loans..."

Pakistan’s Prime Minister Shehbaz Sharif has once again turned global attention towards Islamabad’s deepening financial crisis. Speaking in Riyadh, Sharif admitted that Pakistan is trapped in a cycle of “loans over loans,” exposing how the country’s economy has become dangerously dependent on foreign aid and bailouts. From seeking IMF packages to pleading for financial support from Saudi Arabia, Malaysia, and China, Pakistan’s diplomacy now seems more like professional begging than strategic partnership. The Riyadh comment has shocked many, confirming that the nation’s “begging bowl” narrative is no longer metaphorical but an official acknowledgment of economic desperation.

Shehbaz’s remarks came at a time when Pakistan’s forex reserves are narrowing and debt repayments are mounting, forcing the government to plead for investment from friends who are turning hesitant. From begging India to resume water treaties, to urging Malaysia for investments, to facing rejections from China and Turkey, every diplomatic event paints the image of a country cornered by its own fiscal realities. As global patience wears thin, Pakistan’s “loans over loans” crisis raises serious questions—can Islamabad ever break free from its dependency trap?


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