Prime Minister Shehbaz Sharif reaffirmed Pakistan’s support for a two-state solution to the Palestinian issue, calling it the only path to lasting peace in the region.
Speaking at the World Governments Summit in Dubai, the PM said the region is still reeling from the aftershocks of the Gaza war, which claimed the lives of 50,000 Palestinians.
The premier emphasized that Pakistan firmly supports the establishment of an independent Palestinian state based on pre-1967 borders, with East Jerusalem as its capital, in line with United Nations resolutions.
Economic recovery, investment goals
Shifting focus to Pakistan’s economic trajectory, PM Shehbaz stated that despite extraordinary challenges, the country is on the path to recovery. He said Pakistan stood at the crossroads of economic transformation. The premier also highlighted a significant decline in inflation, which fell to 2.4% in January, and an interest rate of 12%, which he said was attractive for private sector investment.
He further underscored Pakistan’s commitment to achieving sustainable development, noting that the country requires a $100 billion investment in the energy sector alone to meet its growing demands. "Achieving development goals and creating new opportunities is our first priority," the PM noted.
Renewable energy
Discussing Pakistan’s energy transition, the prime minister shared ambitious plans to generate 60% of the country’s energy from renewable sources by 2030. He also revealed that 30% of vehicles will be converted to electric energy to reduce dependence on fossil fuels.
"We are working diligently to expand our solar energy capacity, ensuring a cleaner and more sustainable future," he stated.
