Pakistan is desperate for money, says PM Imran Khan

23 Oct, 2018 8:30 am

ISLAMABAD (92 News) – Before leaving for Saudi Arabia on a two-day visit, Prime Minister Imran Khan has said that Pakistan is facing worst debt and economic crisis, adding that the country is desperate for money.

Talking to the foreign journalists, Imran Khan said that Pakistan desperately looks for foreign aid. He mentioned that Pakistan has no option except to take money from friendly countries or International Monetary Fund (IMF).

“Unless we get loans from friendly countries of IMF, we actually won’t have foreign exchange to either service our debts or to pay for our imports, so unless we get loans or investment from abroad, we’ll have real, real problems,” he said.

The prime minister said that the conflict between Saudi Arabia and Iran is problem for the Muslim Ummah. He said that Pakistan can play positive role to become facilitator on this issue.

On Tuesday, the prime minister arrived in Saudi Arabia accompanied by Finance Minister Asad Umar, Foreign Minister Shah Mehmood Qureshi, Information Minister Fawad Chaudhry and Trade Adviser Abdur Razzaq Dawood.


This is his second trip to the Kingdom since he came to power in August. He was received by the Madina Governor Prince Faisal. Khan will aim to highlight the country’s economic potential and to attract investment. Prime Minister will also call on King Salman and Crown Prince Mohammed bin Salman to discuss matters of mutual interest.

Imran Khan will be attending the Future Investment Initiative in Riyadh, which has widely been boycotted by the international business community after the murder of Saudi journalist Jamal Khashoggi at the Saudi consulate in Istanbul.

 




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