New York, July 27, 2025: Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar has praised overseas Pakistanis as the country’s “real asset,” emphasizing their vital role in national development. Addressing members of the Pakistani community during a gathering in New York, Dar outlined the government’s efforts to facilitate expatriates and detailed the country’s improving economic outlook.
“Overseas Pakistanis continue to contribute immensely to Pakistan’s growth and stability,” Dar stated, adding that the government has undertaken wide-ranging measures to ease processes for the diaspora and ensure their inclusion in national progress.
Dar highlighted that Pakistan’s economy has shown marked improvement in recent years, with all key macroeconomic indicators moving in a positive direction. “There has been substantial GDP growth, and international financial institutions have acknowledged Pakistan’s economic recovery,” he said, crediting the current administration’s fiscal and structural policies for the turnaround.
Criticizing the former Pakistan Tehreek-e-Insaf (PTI) government, Dar warned that Pakistan was on the brink of default under its leadership. “Had the PTI remained in power for another six months, the country would have defaulted,” he claimed. He defended the no-confidence motion that led to the ousting of the PTI government, calling it “a difficult but necessary decision” to save the country from financial collapse.
“We have buried the threat of default, inflation has come down considerably, and our foreign exchange reserves are rising steadily,” Dar said, expressing optimism about the country’s financial stability.
Looking forward, the Deputy Prime Minister reaffirmed Pakistan’s ambition to join the G20 group of major economies. He emphasized that Pakistan is “actively engaged in diplomacy” and committed to strengthening regional and international partnerships.
