At Riyadh summit, Pakistan PM underscores economic reforms, urges global climate cooperation

ISLAMABAD: Pakistan’s Prime Minister Shehbaz Sharif on Tuesday emphasized his government’s commitment to robust economic reforms and called for stronger international cooperation on climate resilience during talks on the sidelines of the Future Investment Initiative (FII) summit in Riyadh, underscoring Pakistan’s bid to attract investment and address environmental challenges.

Sharif was speaking at a high-level roundtable discussion titled, “Is Humanity Heading In The Right Direction” on the FII sidelines, where he lauded Crown Prince Mohammed bin Salman for organizing the summit, which he said symbolizes his leadership and vision to transform societies like he has done in Saudi Arabia.

He said his government is currently undertaking “most robust changes and deep-rooted reforms,” including the digitization of Pakistan’s tax collection authority and a crackdown on corruption with “full might,” which are a need of the hour to put Pakistan on track of economic recovery after a prolonged meltdown.

“While we are doing all this, we are in an agrarian economy. My friends, ladies and gentlemen sitting here, Pakistan, unfortunately, is included in that list of first 10 countries which are exposed to the vagaries of weather, climate change, and for no rhyme or reason, no fault of ours,” he said.