Pakistan PM Shehbaz Sharif Cries Over IMF Humiliation, Begs for Aid

Pakistan
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News18•30-01-2026, 18:21
Pakistan PM Shehbaz Sharif Cries Over IMF Humiliation, Begs for Aid
- •Pakistan PM Shehbaz Sharif tearfully recounted the country's dire economic state and humiliation by the IMF.
- •He described the period of begging to the IMF as the 'most terrifying' for Pakistan, with the economy on the verge of collapse.
- •IMF Chief Kristalina Georgieva rebuked Shehbaz Sharif in Paris, stating 'Time is running out, there will be no new agreement now' due to broken past promises.
- •Shehbaz Sharif pleaded with the IMF Chief, giving his 'word of honor' to fulfill all conditions, which led to a new installment approval.
- •He admitted to seeking aid from 'friends' like China, Saudi Arabia, UAE, and Qatar to inject foreign currency into Pakistan's treasury.
Why It Matters: Pakistan PM Shehbaz Sharif revealed the country's economic crisis and his desperate pleas for IMF aid.
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