Pakistan, Oct. 29 -- Prime Minister Shehbaz Sharif said Pakistan-Saudi cooperation offers the best path to recovery instead of relying on more loans. Speaking at the Future Investment Initiative Conference 2025 in Riyadh, he stressed that countries hit by climate disasters need mutual support, not debt. The premier said repeated loans weaken developing nations and slow down their growth.

PM Shehbaz explained that progress requires unity and shared technology. He urged developed countries to help others grow in fields like agriculture, industry, and employment. He added that Pakistan has learned from its past mistakes and is now focusing on reforms, including digitizing tax systems to reduce corruption.

During the visit, Pakistan and Sau...