Major Shift in Economic Policy: PM Shehbaz Sharif’s Key Statement 2025

Acknowledging the Past: The “Begging Bowl” Era

Prime Minister Shehbaz Sharif has openly acknowledged that Pakistan has historically approached allied nations with a “begging bowl” to secure financial assistance. This metaphor highlights the country’s reliance on external aid to bolster its economy. Sharif emphasized that this perception is changing, with partner countries now expecting Pakistan to engage in mutual trade, innovation, and development initiatives rather than seeking aid.

A Call for Self-Reliance and Utilization of National Resources

In his address, Sharif stressed the importance of fully utilizing Pakistan’s natural and human resources to overcome economic challenges. He, along with Army Chief Field Marshal General Asim Munir, expressed a shared resolve to shed the burden of economic dependency. The Prime Minister highlighted the need for Pakistan to focus on sectors such as trade, commerce, research and development, education, health, and investments to achieve sustainable growt.

Strategic Shift in Economic Policy

This admission marks a significant shift in Pakistan’s economic policy, signaling a move away from reliance on foreign aid towards self-sufficiency. By focusing on internal resource development and fostering international partnerships based on mutual benefit, Pakistan aims to strengthen its economic standing and reduce vulnerability to external financial pressures.