Live This Morning: Pak’s Shehbaz: We Are Taking Loans Over Loans |Azharuddin Joins Telangana Cabinet
Pakistan’s Prime Minister Shehbaz Sharif recently acknowledged the severe economic challenges facing the country, highlighting that Pakistan is taking loans over loans to manage its financial crisis. Despite meeting stringent conditions set by the International Monetary Fund (IMF), Pakistan remains heavily dependent on successive bailout packages to sustain its economy. The IMF approved a fresh disbursement of about $1 billion to Pakistan under the ongoing Extended Fund Facility in 2025, with additional loans under climate resilience programs also in progress. However, India has repeatedly raised concerns in the IMF about Pakistan’s record of using loans without significant reform and allegations of funds supporting cross-border terrorism. Shehbaz Sharif hailed the IMF approval as a positive sign towards economic stability, with support also coming from China and Saudi Arabia to address Pakistan’s economic challenges amid political and fiscal pressures.
In a separate development in Indian politics, former cricket star Mohammad Azharuddin has joined the Telangana Cabinet, marking a significant political comeback with the state government aiming to leverage his popularity and leadership. Azharuddin’s induction is seen as a strategic move by the Telangana government to bolster its political front, blending sports charisma with governance. This move has stirred interest and reactions across the political spectrum as Azharuddin transitions from cricket legend to political figure in one of India’s key southern states.
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