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News Topical, Digital Desk : Pakistan's Prime Minister Shahbaz Sharif has acknowledged the harsh reality of the country's dire economy and its compulsion to seek loans. He acknowledged that extending one's hand to the world not only brings the country into disrepute but also comes at a "price of honor."
This statement by Pakistani Prime Minister Shahbaz Sharif comes at a time when Pakistan's per capita debt has risen to over ₹333,000. This reflects Pakistan's faltering economy.
A video of the Pakistani Prime Minister is rapidly going viral on social media, in which Shahbaz acknowledged the price he had to pay with dignity when seeking loans from other countries. Shahbaz said he had signed numerous agreements to obtain loans for Pakistan.
In the video, Shahbaz also explained the difference between a beggar and a giver. He said that he has sometimes had to agree to conditions from lending countries that he was unwilling to fulfill. He also said that he has sometimes had to comply with the lender's wishes even if he didn't want to. However, it is unclear when and where this video was taken.
You give me this many billion dollars
The Pakistani PM candidly admitted that Phil Marshall and I visited several countries and told them that the IMF had a program and that this was our external gap. "Please give us so many billions of dollars," he said. “Those countries didn't refuse us. But, you know, anyone who goes to borrow money has their heads bowed.”
How much debt does Pakistan have?
It is worth noting that Pakistan has been burdened with debt for a long time. As of December 2025, Pakistan's total debt reached US$52.366 billion. This debt continues to grow rather than decrease.
According to the fiscal policy presented in Pakistan's parliament, the debt burden per Pakistani has increased by 13% to ₹333,000. Previously, the per capita debt was ₹294,098 in the 2023-24 fiscal year. The debt-ridden Pakistani Prime Minister has finally acknowledged the harsh reality and revealed to the world that he is in debt.
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