Ex-Finance Minister Says Gilgit-Baltistan Tourism Can Free Pakistan From IMF Bailouts

Ex-finance minister says Gilgit-Baltistan tourism can free Pakistan from IMF bailouts

Former finance minister Asad Umar has proposed investing in Gilgit-Baltistan’s tourism sector to generate revenue and reduce Pakistan’s dependence on International Monetary Fund (IMF) bailouts. “If we truly understand the potential of Gilgit-Baltistan tourism and invest to develop it, we can earn enough through tourism to break our dependence on the IMF,” Umar said in a video message on the social media platform X on Saturday. “Unfortunately, ou…

Asad Umar Calls for Investment in Gilgit-Baltistan Tourism

Former finance minister Asad Umar has urged the government to strategically invest in Gilgit-Baltistan’s tourism sector, highlighting it as a key opportunity to boost Pakistan’s economy and eliminate the country’s reliance on IMF loans. In a video message posted on X, Umar said that if the tourism potential of Gilgit-Baltistan is fully realised through proper infrastructure development, promotion, and sustainable planning, the region could gener…