Stressing the need for an immediate ceasefire in Gaza, Prime Minister Shehbaz Sharif said that world peace is linked with normalcy in the besieged enclave. He made the remarks while speaking at the closing plenary of a special meeting of the World Economic Forum (WEF) being held in Riyadh, Saudi Arabia. PM Shehbaz landed in Riyadh on Saturday for a three-day visit to attend the World Economic Forum\u2019s Special Meeting on Global Collaboration, Growth and Energy. He was invited to attend the moot by Saudi Crown Prince and Prime Minister Muhammad bin Salman Al Saud and the chief executive of the WEF Klaus Schwab. Addressing the closing session of the moot, PM Shehbaz said: \u201cThere is also a problem of inflation and debt trap, [whom] I call \u2018deathtrap\u2019, [as] all this together pose a huge challenge [to Pakistan].\u201d Lauding the leadership of the kingdom, he thanked the Saudi government for its support extended to Pakistan. Talking about his government\u2019s efforts to steer the country out of crisis, the country\u2019s chief executive said: \u201cPakistan is going for massive reforms to deal with economic challenges.\u201d \u201cWe have taken the reins of the country after the February 8 elections and I am now determined to put things in order. It’s easier said than done.\u201d He further said that the country\u2019s electricity sector was in a shamble as power theft was in a massive fashion. Moreover, the premier lamented that the \u201celitest culture\u201d is prevailing in the country wherein \u201chandouts are being given to those who don\u2019t deserve it\u201d. \u201cWe have to stand on our own feet. I know this is difficult but not impossible. We are now going for a deep-rooted structural reform.\u201d \u201cThen we have to go for austerity, a meaningful austerity, but not just for publicity,\u201d he added. Moving on to climate change, the premier said that global warming brought disaster in Pakistan in 2022 in the form of catastrophic floods. \u201cPakistan is among those countries who do not have any role in climate change,\u201d he added. Referring to sky-rocketing inflation, the prime minister said: \u201cDue to the war in Ukraine, prices of goods have increased globally.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Stressing the need for an immediate ceasefire in Gaza, Prime Minister Shehbaz Sharif said that world peace is linked with normalcy in the besieged enclave….<\/p>\n","protected":false},"author":1,"featured_media":16643,"comment_status":"registered_only","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8],"tags":[],"class_list":["post-16642","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news-updates"],"aioseo_notices":[],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/posts\/16642","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16642"}],"version-history":[{"count":0,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/posts\/16642\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/media\/16643"}],"wp:attachment":[{"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}