ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives, Ahsan Iqbal, on Friday responded to former premier Imran Khan’s article, written from prison — “Why the World Must Pay Attention to Pakistan” — published in the Time magazine, and described it as a distorted and misleading portrayal of the country’s current state. “Pakistan today is far more stable, resilient, and secure than when Imran Khan left office in April 2022, at a time when the country was teetering on the brink of economic default due to his government’s mismanagement.”
In a statement issued by the Ministry of Planning, Iqbal emphasised that under responsible governance and sound economic policies Pakistan has witnessed remarkable progress. “Inflation, which had soared to 38 per cent during Khan’s tenure, has now dropped below 4 per cent. The policy rate, previously at 23 per cent, has been reduced to 12 per cent, while the stock market index has surged from 42,000 to a historic high of 115,000. Additionally, Pakistan’s international credit ratings have significantly improved, reflecting growing investor confidence and renewed economic stability.”
The minister underscored that a strong economy was the foundation of national stability and security. He pointed out that Khan’s time in office was marked by economic mismanagement, political instability, and a revolving door of five finance ministers in just four years. “His (Khan’s) reckless and vindictive politics severely damaged the economy, creating an environment of uncertainty that deterred investors and weakened Pakistan’s financial standing on the global stage.”
Iqbal reiterated that Pakistan had now returned to the path of progress and prosperity, thanks to prudent economic decisions and a commitment to national development. He urged the international community to recognise the country’s achievements rather than being misled by politically motivated narratives aimed at undermining Pakistan’s progress. He also criticised Pakistan Tehreek-e-Insaf (PTI) leadership for defaming Pakistan overseas for its “petty” politics.