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Published 27 Jul, 2025 04:38pm

Default threat buried forever, govt aims to join G20 block: Ishaq Dar

Deputy Prime Minister and Foreign Minister Senator Ishaq Dar has stated that Pakistan is experiencing a significant positive boost in its standing on the world stage, maintaining it is witnessing economic revival.

“We have made considerable progress, especially in political and economic fields, in the past three years, despite heavy odds – we are indeed a resilient nation, “ he said during a nearly two-hour interaction with the Pakistani community at the Pakistan Consulate in New York on Saturday.

Dar told the audience that his meeting with US Secretary of State Marco Rubio on Friday was held in a cordial atmosphere.

“The meeting went very well. We discussed key global and regional issues”, Dar said, hoping that US-Pak ties would strengthen further.

Present on the occasion were Pakistan’s Ambassador to the United States Rizwan Saeed Sheikh, Pakistan’s Permanent Representative to the United Nations Asim Iftikhar Ahmad and Consul General in New York Aamir Ahmed Atozai.

In his speech, Dar asserted that Pakistan is no longer isolated and enjoys numerous friends within the international community.

This is evidenced by recent high-level meetings with officials from China, the United States, and several other countries that focused on economic and strategic ties.

He painted an optimistic picture of Pakistan’s economic trajectory, noting a significant drop in inflation from 40% to 2.4% as of January 2025, which he said is an evidence of effective government policies and robust diplomatic efforts.

Noting Pakistan’s ongoing economic recovery, Dar cited the successful completion of the IMF programme, reduced inflation, and restored investor confidence, a fact the global credit rating agencies have acknowledged.

He reiterated the government’s aspiration for Pakistan to join the ranks of the G-20 bloc.

In this regard, Senator Dar credited PML-N leader Nawaz Sharif’s leadership, who he said continues to guide the federal and Punjab governments, calling him an able statesman.

Highlighting key government initiatives, the deputy prime minister briefed the community on the Special Investment Facilitation Council (SIFC), which streamlines investment procedures across priority sectors.

He informed the audience that the government is actively working toward the early resumption of PIA flights to New York, after restoring routes to Europe and the United Kingdom.

The DPM expressed appreciation for the contributions of the Pakistani-American community to both Pakistan and the United States, acknowledging their vital role in strengthening bilateral relations and enhancing Pakistan’s global image.

He also commended their solidarity during recent Pakistan–India tensions and their efforts to raise awareness on the country’s core issues.

Senator Dar drew loud applause when he narrated the events of the standoff, including Pakistan Air Force’s shooting down of six Indian aircraft, leading up to the ceasefire and the nation’s unity in support of the armed forces.

He highly praised the leadership of the Army chief, Field Marshal Syed Asim Munir, in dealing with that crisis.

Dar also highlighted Pakistan’s active engagement on the multilateral front, particularly its current presidency of the United Nations Security Council, secured with the support of 182 countries — reflecting the international community’s confidence in Pakistan’s principled diplomacy.

He especially referred to the unanimous adoption of the Pakistan-sponsored resolution calling for the peaceful settlement of disputes.

Referring to regional developments, he underscored Pakistan’s outreach to Afghanistan with a view to enhancing regional connectivity through trade and rail corridors to Central Asia.

He emphasised Pakistan’s expectation that Afghan soil will not be used for terrorism, and noted assurances received from Afghan authorities.

Ishaq Dar said that utmost efforts were made for the release of Dr Aafia Siddiqui, and no one should think that the government did not make efforts for her freedom.

He said that Dr Aafia is the daughter of Pakistan and no one should have any misunderstanding in this regard.

Senator Dar said Pakistan will continue to work for the release of Dr Aafia Siddiqui, who is incarcerated in an American prison, citing a series of steps already taken in this regard.

The deputy prime minister criticised the previous government and said that if the PTI government had lasted for another 6 months, the country would have gone bankrupt.

But now the threat of default has been buried forever, he added.

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