- Calls for Saudi reception “unprecedented in the past 40 years”.
- Tell us ready to invest in trade, computer science, minerals, AI and crypto.
- Leave NYC for London via Geneva, to meet Nawaz Sharif en route.
New Jersey / New York: Prime Minister Shehbaz Sharif said Pakistan’s economy stabilizes at the microphone level, the drop in inflation and reduced interest rates, and praised Pakistanis abroad for their support.
He spoke to the media here on Saturday after making a historic speech at the United Nations General Assembly in New York.
“Barely a few years ago, the country was faced with serious challenges,” he said. “When we took office, inflation was 32% and the policy rate was 22.5%.
“In a single year and a half, inflation fell into a single figure, and the policy rate is down to 11%. At the microphone level, the economy is now stable.”
He described the Pakistanis abroad as the country’s “major ambassadors”, noting that they sent funds for 38.5 billion dollars during the year 2024-25.
“Their support was crucial for Pakistan’s economic stability,” he said.
Speaking of his international visits, the Prime Minister described his reception of Saudi Arabia as “unprecedented in the last 40 years” and called for his meeting with US President Donald Trump “very encouraging”.
To a question, the Prime Minister said that the United States was ready to invest in Pakistan trade, IT and other sectors.
“During the meeting with President Trump, we discussed the economy, counter-terrorism, minerals, artificial intelligence, IT and cryptocurrency,” added the Prime Minister.
“I also thanked the American president on pricing issues, while mineral prices and trade agreements between Pakistan and the United States will be decided fairly and in mutual interest.”
Shehbaz has also thought about the military achievements of Pakistan.
“From May 6 to 10, our armed forces courageously defeated India during the war. We killed seven enemy planes and made strikes in Delhi, Pathankot, and many other places,” he said.
He credited the chief of staff of the army (COAS), Marshal Syed Asim Munir for his management.
“The Marshal in the field guided our strengths to wisdom.
Recalling the change in the attitude of India, he added: “Those who have never spoken to you correctly kiss you now, which shows the strength and the courage of our armed forces and the victory that we have obtained.”
PM discusses the IWT, floods with the UN guterres
Earlier, Prime Minister Shehbaz met the UN secretary general António Guterres in New York. He told the UN chief that the World Organization had to intensify and play a stronger role in solving global problems.
The Prime Minister congratulated Guterres for his work in promoting peace and stability worldwide. He also thanked the UN for recognizing the help efforts of Pakistan. “Thousands of people have been affected,” he said, “and the UN recognition really counts.”
Shehbaz stressed that countries are most harshly reaching climate change need additional support.
He also raised the question of cashmere, noting India’s decision to maintain the 65 -year -old Industry Water Treaty (IWT), and urged the UN to ensure fair action.
Turning to Gaza, the Prime Minister called for an immediate ceasefire. He said the help had to reach people quickly and that a Palestinian state should be established. “Pakistan will continue to work for peace,” he added. “As a member of the Security Council, we must do our part.”
Guterres responded by appreciating the constant efforts of Pakistan to the UN. He noted that the country had played a practical role, helping to maintain dialogue and stability on global issues.
Pakistan means peace, said PM in Unga
In his historical speech, Shehbaz told the United Nations General Assembly (Unga) that Pakistan had asked for peace in the region after giving India a “bloody nose” in the May conflict.
“We have won the war, and now we are looking to win peace in our part of the world, and this is my most sincere and serious offer before this assembly of world nations,” the Prime Minister told the August forum in New York.
Pakistan and India have engaged in a four -day fight – their worst for decades – after the uninsured assault in New Delhi against Islamabad following a terrorist attack in the Jammu and the cashmere of Indian origin. India blames Pakistan for the attack, an accusation that Islamabad vehemently denied.
“Last year, from this podium itself, I had warned that Pakistan would act – and would act in a most decisive way – against all external aggression. These words of my words were true. I hoped that they would not do it. But then, it is fate,” said the Prime Minister.
In May of this year, he recalled: “My country confronted an uninsured aggression of our eastern front. The enemy appeared in arrogance; we have returned them with humiliation, delivering a bloody nose”.
“India has sought to extract the political gains from a human tragedy by removing my sincere offer from an independent international investigation into the Pahalgam incident,” he said.
Shehbaz leaves for London via Geneva
After completing his visit to the United States, Prime Minister Shehbaz left New York for London via Geneva.
Sources said the Prime Minister would stop in Geneva to visit former Prime Minister Nawaz Sharif.
He will also inform the management of Pakistan Muslim League-Nawaz during his American trip.
Shehbaz is expected to reach London on Saturday, where he will stay three days, added sources.
