Pakistan Army Chief on Economy: Pakistan is facing financial crisis. Meanwhile, Pakistan’s Army Chief Syed Asim Munir has said on Monday (July 24) to end dependence on foreign loans. During a function, he said, we should end our dependence on foreign loans. We need to make our country self-reliant.
Pakistani Army Chief said, “Pakistanis are a proud, enthusiastic and talented nation. All Pakistanis should throw away the beggar’s bowl.” Whereas recently the country facing cash crunch has received a loan from the International Monetary Fund (IMF). Apart from this, China is also preparing to give another loan to Pakistan.
‘Country is like a mother’
Syed Asim Munir said during the ceremony that Allah is Almighty. He has blessed Pakistan with all the blessings. No power in the world can stop the progress of the country. Country is like mother. Relationship between people should be of love and respect. He said that security and economy are related to each other. are necessary for each other.
The COAS also said that the Pakistan Army is proud to serve its nation. The army gets its strength from the people. General Munir promised that the army would not rest until Pakistan came out of the present crisis.
pakistan government debt
Speaking about the model farm, the Chief of Army Staff (COAS) said that the country will witness an agricultural revolution, according to a Geo News report. To benefit small farmers and spread the scope of green initiatives, model farms will be set up across the country as per modern standards.
The country’s Prime Minister Shehbaz Sharif recently said that Pakistan has received an additional USD 600 million loan from China to increase the country’s foreign exchange reserves on the basis of the IMF deal. According to the report, the Pakistan government’s debt increased to US$ 2.44 billion in July, including China’s non-guaranteed debt of US$ 2.07 billion.
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