Local think tank says government must consider adjustments to Naya Pakistan Housing Program

This file photo shows the skyline of Karachi, the country’s most densely populated city. According to estimates, there is a shortage of 10 million housing units in Pakistan, which is growing by 350,000 housing units every year. (Reuters)
Updated 07 March 2019
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Local think tank says government must consider adjustments to Naya Pakistan Housing Program

  • Focus on high-rise development to counter unbridled urban sprawl
  • SBP must play a role in establishing and strengthening a robust housing and construction mortgage market

ISLAMABAD: The Naya Pakistan Housing Program (NPHP), which is described as the cornerstone Pakistan Tehreek-e-Insaf’s economic uplift strategy for the country, may fall short of addressing the housing crisis unless it makes some critical adjustments, claims a working paper published by public policy think tank Tabadlab on Thursday.

Authored by residential real estate financing expert Ibrahim Khalil and public policy advisor Umar Nadeem, the paper questions the high focus on low-income groups in a program that relies heavily on conventional bank mortgage.

It points out that the NPHP is targeting households with a combined income of less than Rs 60,000. With 68 percent of Pakistan’s urban working population employed in the informal sector of the economy, there is a high likelihood that the target low-income groups of the NPHP largely consist of families with unverifiable or steady sources of income.

Coupling this fact with existing banking regulations for housing finance, which requires income history, repayment capacity assessment, and future income prospects, a large section of the program’s target groups will not qualify. This, the authors contend, puts the entire program at risk.

The working paper suggests that the government must provide favorable mortgage financing for middle-income groups, including Shariah compliant instruments, that can potentially trigger the growth in housing supply that is a key objective of the NPHP.

It also insists that urban planning reform is vital to the effective realization of the NPHP dream. Other than that, the NPHP prefers low to mid-rise developments. As recently acknowledged by Prime Minister Imran Khan, however, high-rise developments are the preferred route to tackle rising urbanization and the current housing unit shortage.

The working paper notes that high-rise developments also stay the increasing urban sprawl being witnessed throughout the country. Concentrated residential developments also conveniences access to essential needs like transport, employability, and basic public services.


Four bodies recovered from coal mine in Pakistan’s southwest after deadly methane explosion

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Four bodies recovered from coal mine in Pakistan’s southwest after deadly methane explosion

  • Twelve coalminers were trapped after the explosion on Thursday, with little chances of finding anyone alive
  • Mines in Balochistan are known for hazardous working conditions, where such accidents are not uncommon

QUETTA: Rescue teams in Pakistan’s southwestern Balochistan province have retrieved four bodies from a coal mine following a methane gas explosion a day earlier in the Sanjdi coal field, about 40 kilometers from Quetta, which left a dozen miners trapped inside the mine.
According to a senior official of the provincial mining department overseeing the rescue work, the search for the other miners is still ongoing, though he maintained the chances of finding anyone alive were almost negligible.
Rescue teams from the mining department and the Provincial Disaster Management Authority (PDMA) have been working for the last 19 hours with heavy machinery.
“We have recovered four bodies after nearly 24 hours of the incident,” Abdul Ghani, Chief Inspector Mines Balochistan, told Arab News. “The workers were digging coal 4,000 feet inside the mine, and we have recovered the bodies at 3,000 feet. The search for other workers is still underway.”
Responding to a question, he said the entire mine had caved in due to the intensity of the explosion.
“An excavator from Quetta reached the site at midnight, and we succeeded in opening the mouth of the mine this morning,” he said.
“The mining department will conduct a thorough investigation to assess what kind of safety measures were put in place by the private mine owners,” he added.
Many coal mines in the province are operated by private companies, often under lease agreements with the government.
Ghani said that 11 of the miners were from Shangla, a town in Pakistan’s northwestern Khyber Pakhtunkhwa province, while one was a resident of Balochistan.
Mines in Balochistan are known for hazardous working conditions and poor safety standards, where deadly incidents are not uncommon.
According to the provincial mining department, 82 coal miners working on different projects were killed in Balochistan last year in 46 reported mining accidents.


Al-Azhar University to establish campus in Pakistan, says Egyptian grand mufti

Updated 10 January 2025
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Al-Azhar University to establish campus in Pakistan, says Egyptian grand mufti

  • Founded in 970 CE, Al-Azhar is known for its scholarship in theology, jurisprudence and Arabic studies
  • The grand mufti also asked Pakistan to send scholars to Egypt to benefit from the institution’s expertise

ISLAMABAD: Egyptian Grand Mufti Dr. Nazir Mohamed Ayad announced Friday Al-Azhar University, a renowned center of Islamic learning, plans to establish a campus in Pakistan, a move welcomed by Education Minister Dr. Khalid Maqbool Siddiqui, who pledged full government support during their meeting in Islamabad.
Founded in Cairo in 970 CE, Al-Azhar is celebrated for its rigorous scholarship in Islamic theology, jurisprudence, Arabic studies and modern sciences. With a legacy spanning over a millennium, the university is a key authority on Islamic thought and attracts students globally.
The discussion on branching out into Pakistan took place during a meeting between the two officials, which was also attended by the Egyptian ambassador to Pakistan.
“Dr. Nazir Mohamed Ayad, Grand Mufti of the Arab Republic of Egypt, thanked the federal minister for his warm welcome and said that Al-Azhar University will establish its campus in Pakistan,” read an official statement from Pakistan’s Ministry of Federal Education.
“He said it is important that people learn the Arabic language to understand the true teachings of Islam,” it continued.
The Pakistani minister highlighted the deep cultural and historical ties his country shared with Egypt, both of which, he noted, were part of the world’s oldest civilizations. Siddiqui described Al-Azhar University as a beacon of Islamic scholarship, expressing his aspiration to visit the institution in Cairo.
During the meeting, he also highlighted Pakistan’s upcoming International Girls Conference, scheduled for January 11-12, which aims to promote girls’ education in Islamic countries.
“It is a misconception that Islam does not allow women’s education,” Siddiqui said, emphasizing Pakistan’s commitment to ensuring equal educational opportunities for women.
The Grand Mufti noted that over 40 percent of Al-Azhar University’s students were female. He also encouraged Pakistan to send scholars to Egypt to benefit from the institution’s expertise.
Al-Azhar’s operations are primarily based in Egypt, where it has campuses in several cities. Internationally, the university extends its influence by offering scholarships to students who disseminate its teachings upon returning to their home countries.
The university has also collaborated with educational institutions worldwide and established cultural centers to promote Islamic studies and the Arabic language.
In 2022, Pakistan’s late religious affairs minister, Pir Noor-ul-Haq Qadri, announced plans to open a campus in Lahore.
The initiative, which included Al-Azhar providing faculty, curriculum and textbooks, was to be administratively managed by Pakistan.


Pakistan receives over 22,000 applications for 4,500 scholarships for Afghan students

Updated 10 January 2025
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Pakistan receives over 22,000 applications for 4,500 scholarships for Afghan students

  • The scholarships were announced in July last year under the Allama Iqbal Scholarship program, amid ongoing tensions between the two countries
  • The program, which covers tuition fees, accommodation and monthly stipend, offers scholarships in medical, engineering, agriculture and other fields

ISLAMABAD: Pakistan has received more than 22,000 applications for 4,500 scholarships it announced for Afghan students last year, Pakistan’s special representative for Afghanistan said on Friday.
The scholarships were announced in July last year under the Allama Iqbal Scholarship program, amid ongoing tensions between the two countries that prompted Islamabad to launch a deportation drive targeting unregistered Afghans in late 2023.
The program, which covers tuition fees, accommodation and a monthly stipend for undergraduate, graduate and doctoral studies at Pakistani universities, was introduced in 2009 to strengthen bilateral ties between the two neighboring states.
In a statement issued from his office, Pakistan’s special representative Sadiq Khan said this is the third phase of the program that will offer fully funded scholarships in medical, engineering, agriculture and other fields over the next three years.
“This month, over 22,000 applicants will take an online test, followed by interviews for final selection. The entire process will conclude within 45 days,” he said.
“Notably, 33 percent of the scholarship seats are reserved for female students.”
Pakistan last year announced the scholarships on the same day its federal cabinet approved the extension of registration cards for 1.5 million Afghan refugees for another year.
Ties between the two countries have been strained because of a surge in militant attacks in Pakistan’s western regions that border Afghanistan.
The attacks particularly surged after the breakdown of a fragile truce between the Pakistani government and the outlawed Tehreek-e-Taliban Pakistan (TTP) in Nov. 2022.
Pakistan has frequently accused neighboring Afghanistan of sheltering and supporting militant groups that launch cross-border attacks. Afghan officials deny involvement, insisting Pakistan’s security issues are an internal matter of Islamabad.
The two countries also conducted cross-border strikes in each other’s territory last month in the latest escalation of hostilities along the border.


Pakistan hopes for stronger ties with Lebanon as Joseph Aoun elected president

Updated 10 January 2025
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Pakistan hopes for stronger ties with Lebanon as Joseph Aoun elected president

  • Aoun’s election came weeks after a ceasefire deal halted a 14-month conflict between Israel, Lebanese group Hezbollah
  • PM Shehbaz Sharif says Pakistan values its ties with Lebanon and looks forward to strengthen bilateral cooperation

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday congratulated Joseph Aoun for being elected as the new president of Lebanon, expressing Pakistan’s interest in strengthening bilateral cooperation between both countries.
Aoun’s election came weeks after a tenuous ceasefire agreement halted a 14-month conflict between Israel and the Lebanese militant group Hezbollah and at a time when Lebanon’s leaders are seeking international assistance for reconstruction.
Aoun, no relation to former President Michel, was widely seen as the preferred candidate of the United States, whose assistance Lebanon will need as it seeks to rebuild.
In his message on X, Sharif wished Aoun success in his endeavors to lead Lebanon toward peace, stability and prosperity.
“Pakistan values its ties with Lebanon and looks forward to strengthen our bilateral cooperation,” the Pakistan prime minister said.
Pakistan and Lebanon share close relations. In December, Lebanon helped Islamabad safely evacuate around 300 Pakistani nationals stranded in Syria and transport them back home via chartered flights from Beirut.
Pakistan has also sent several relief consignments for the people of Lebanon during Israel’s bombardment of the Middle Eastern country.


Pakistan records 5.6% increase in remittances month on month

Updated 10 January 2025
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Pakistan records 5.6% increase in remittances month on month

  • Overseas workers remittances stood at $3.1 billion in the month of December
  • The inflows rose by 29.3 percent in 2024 as compared to the previous year

ISLAMABAD: Pakistan recorded a 5.6 percent increase in remittances in December on a month-on-month basis, Prime Minister Shehbaz Sharif said on Friday, congratulating the nation on the record inflows.
Remittances bring billions of dollars annually from overseas Pakistanis and are vital to Pakistan’s economy. These inflows bolster foreign exchange reserves, stabilize the balance of payments, and support the Pakistani currency.
Overseas workers remittances stood at $3.1 billion in the month of December, according to a statement issued from Sharif’s office. The inflows rose by 29.3 percent in 2024 as compared to the previous year.
Sharif said the record increase in remittances was a testament to the determination of overseas Pakistanis to play their role in the development of the South Asian country.
“After economic stability, Pakistan has embarked on the path of economic development,” he said.
Pakistan narrowly avoided a sovereign default in 2023 by clinching a last-gasp $3 billion loan program from the International Monetary Fund (IMF).
The South Asian country has since made some economic gains, most notably slowing the annual consumer inflation to 4.1 percent in December. This was down from 38 percent in May 2023.
Pakistan’s government has vowed to undertake economic reforms mandated by the IMF which include tightening fiscal policies, privatizing loss-making state-owned enterprises and enhancing tax revenues.
“The government of Pakistan is committed to the country’s development and public welfare,” Sharif reassured in his statement.