Despite facing significant challenges in the past, Pakistan's economy is currently on an upward trajectory, according to Deputy Prime Minister and Foreign Minister Ishaq Dar. At a recent Pakistan Business Council event, he reflected on the country's struggles in 2013, when severe power shortages and near economic collapse loomed. Dar credited his party's "Three Es" strategy—Economy, Extremism, and Electricity—for bringing about stability. As a result, Pakistan rose to become the world's 24th largest economy within just three years.

However, the nation's progress faltered after 2018, causing a fall to the 47th position in global rankings. Inflation surged, and by 2022, fears of a financial default grew. Despite these setbacks, Dar remains optimistic about Pakistan's potential for recovery. He highlighted the country's abundant natural resources, including valuable minerals and hydrocarbons, as key factors in restoring financial stability and fostering long-term growth.

Dar also noted that while Pakistan is a nuclear power, it has struggled to maintain consistent economic progress. He praised the government's efforts in preventing a default and rebuilding international trust. A key indicator of Pakistan's improved global reputation, according to Dar, is its recent re-election to the United Nations Security Council with 182 votes, showcasing strong international support.
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