KARACHI: The International Monetary Fund (IMF) said on Monday talks for a seventh review of a $6 billion loan program would continue with Pakistan once a new government was formed after the South Asian country’s prime minister announced fresh elections last week.
Pakistan and the IMF were negotiating for the completion of the seventh review under the IMF’s Extended Fund Facility program, which has so far disbursed $3 billion out of a stipulated $6 billion. The discussion had stalled over the fund’s concerns about a $1.7 billion relief package, which included the freezing of petroleum prices and a cut in electricity tariffs in response to rising inflation.
“The Fund looks forward to continue its support to Pakistan and, once a new government is formed, we will engage on policies to promote macroeconomic stability, and enquire about intentions vis-a-vis program engagement,” Esther Perez Ruiz, the IMF’s resident representative for Pakistan, said in a statement on Monday. “There is no concept of suspension within IMF programs.”
On Sunday the deputy speaker of the National Assembly of Pakistan, who belongs to PM Khan’s party, blocked a vote on a no-confidence motion from taking place, and the president subsequently dissolved the lower house of parliament on the PM’s advice, triggering political and constitutional crisis in the country.
Pakistan’s ministry of finance officials are hopeful IMF talks will continue when a new finance minister takes charge.
“We have shared our documents with fund officials and once the new finance minister will take the charge the talks with the fund will start,” Muzzamil Aslam, the spokesman for the finance ministry, told Arab News.
Pakistan expects to receive around $1 billion after the completion of the seventh review of the loan program.
Pakistan has faced significant pressure on its foreign-exchange reserves in recent months, amid elevated global commodity prices and a recovery in domestic demand. The Russia-Ukraine military conflict, which has driven up global commodity prices, has amplified pressure on its external position. The country is a net oil importer, with petroleum and related products accounting for about 20 percent of total imports.
Pakistan’s current account deficit amounted to more than $12 billion between July 2021 and February 2022, a stark contrast to a $1 billion surplus in the same period a year earlier. The South Asian country is expected to witness a widening current account deficit to 5-6 percent of GDP.
IMF says will continue talks with Pakistan on loan program once new government formed
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IMF says will continue talks with Pakistan on loan program once new government formed
- Pakistan and IMF were negotiating for the completion of seventh review under IMF’s Extended Fund Facility program
- The IMF has so far disbursed $3 billion of a stipulated $6 billion, the program was initially approved in July 2019
Pakistan busts international drug gang, frees family ‘framed’ for smuggling narcotics
- The family was detained in Saudi Arabia after their luggage tag was swapped by the gang at the airport
- Interior Minister Mohsin Naqvi praises Anti-Narcotics Force, thanks Saudi government for their cooperation
ISLAMABAD: Pakistan’s Anti-Narcotics Force (ANF) has busted an international drug gang and arrested nine suspects who had “framed” a Pakistani family in their bid to smuggle narcotics to Saudi Arabia, the Pakistani interior ministry said on Sunday.
Farhana Akram, a resident of Lahore, had traveled to Saudi Arabia with her four family members, Haroon Ali, Malik Aziz, Fouzia Aziz, and Zakria Begum, on December 23, when the gang swapped Akram’s luggage tag with the help of an airport staff, according to the interior ministry.
Consequently, Farhana and her family members were detained in Saudi Arabia. The ANF investigated the case and detained a porter after viewing airport footage, which led to the arrest of nine suspects, including the ringleader.
“The ANF provided evidence to Saudi authorities, which led to the release of the innocent family,” the interior ministry said in a statement.
Pakistan’s Interior Minister Mohsin Naqvi and ANF Director-General Maj. Gen. Abdul Mueed visited the affected family at their residence and congratulated them on their return home.
“The pain the family endured is indescribable,” he said, praising the ANF and the Saudi authorities for their cooperation. “I extend special thanks to the Saudi government.”
Naqvi said the ANF had initiated a nationwide crackdown against smugglers, cautioning citizens to remain vigilant against individuals offering free Umrah packages as such offers could be deceitful.
Separately, Pakistan’s Federal Investigation Agency (FIA) said on Sunday it had arrested 10 persons deported from Saudi Arabia for allegedly begging in the Kingdom, despite traveling there on Umrah visas.
The trend of beggars abusing visas to beg in foreign countries has Pakistan worried that it could impact genuine visa-seekers and particularly religious pilgrims traveling to Saudi Arabia. According to widespread media reports, Riyadh raised this issue with Islamabad at various forums last year.
Pakistanis are the second-largest expatriate community in the Kingdom, with over 2.5 million living and working in Saudi Arabia, the top source of remittances to the South Asian country.
Saudi Arabia’s KSrelief continues relief efforts in Pakistan, Lebanon and Syria
- The charity distributed 2,160 food packages in Khyber Pakhtunkhwa’s Battagram and Buner districts as well as Sukkur in Sindh
- The aid was given to families in flood-affected areas as part of the Saudi organization’s Food Security Support Project 2025
RIYADH: The King Salman Humanitarian Aid and Relief Center’s (KSrelief) humanitarian and relief efforts continue with the distribution of food, hygiene supplies as well as the provision of emergency transport services.
In in Ma’arrat Misrin of Syria’s Idlib Governorate, KSrelief handed out 672 food boxes and 672 hygiene kits as part of the second phase of the food aid and hygiene kit distribution project for populations affected by the earthquake in 2025.
In Lebanon’s Akkar Governorate and Miniyeh district, the aid agency during the past week distributed 175,000 bags of bread to Syrian and Palestinian refugees as well as residents of host communities. The initiative was part of the fourth phase of Al-Amal Charitable Bakery Project in the country.
In the Battagram and Buner districts of Khyber Pakhtunkhwa province, as well as the Sukkur district in Sindh province of Pakistan, 2,160 food packages were given to families in flood-affected areas as part of the Food Security Support Project 2025
Meanwhile, KSrelief delivered 125 tons of dates to Sudan as a gift from the Kingdom.
In north Lebanon, the KSrelief-funded ambulance service of Subul Al-Salam Social Association in the Miniyeh district carried out 61 missions during the past week, including transporting patients to and from hospitals and treating burn injuries.
Islamabad lawyers call strike today over ‘unconstitutional’ transfer of judges
- The development comes a day after Pakistan’s president approved transfer of three judges from Sindh, Balochistan and Lahore to Islamabad High Court
- Pakistan’s constitution empowers the president to transfer a judge from one high court to another after the concerned judge consents to the decision
ISLAMABAD: The Islamabad Bar Council (IBC), Islamabad High Court Bar Association (IHCBA) and the Islamabad District Bar Association (IDBA) have announced a strike on Monday to protest recent transfer of judges to the Islamabad High Court (IHC), calling them “unconstitutional measures affecting the judiciary and the legal profession.”
The announcement was made after a joint meeting of lawyer bodies a day after President Asif Ali Zardari approved the transfer of three judges from the high courts of Sindh, Balochistan and Lahore to the Islamabad High Court (IHC), amid opposition from five IHC judges.
Zardari approved the transfers of Justice Sardar Muhammad Sarfraz Dogar from the Lahore High Court (LHC), the Sindh High Court’s (SHC) Justice Khadim Hussain Soomro and the Balochistan High Court’s (BHC) Justice Muhammad Asif to the IHC. Local media reported the government was considering elevating Justice Dogar to the post of the IHC chief justice.
In a statement issued after Sunday’s meeting of lawyer bodies, the IBC said the legal fraternity of Islamabad “strongly condemns” the recent notification regarding the transfer of judges from other provinces to the Islamabad High Court, describing the move as a “direct violation of the principles of judicial independence and regional representation.”
“It undermines the autonomy of the Islamabad high Court,” the IBC said. “The legal fraternity of Islamabad ensures its commitment to resist the unjustified transfers and appointments of judges from other provinces.”
Pakistan’s constitution empowers the president to transfer a judge from one high court to another after the concerned judge consents to the decision. The president can approve the transfer after consulting the chief justice of Pakistan and the chief justice of both high courts.
On Friday, five of 10 IHC judges opposed Justice Dogar’s transfer in a letter addressed to the chief justices of the Supreme Court and high courts. The five judges said if the decision to transfer the judge was aimed at elevating him to the post of IHC chief justice, it would be a “fraud on the constitution.”
The IBC said the lawyer bodies will pursue all legal and constitutional avenues to challenge the move and safeguard the “judicial independence of Islamabad.”
“An All-Pakistan Lawyers’ Convention will be held under the Islamabad Bar Council tomorrow... to formulate future strategy,” it said on Sunday.
Pakistan deputy PM reviews preparations for key talks with Qatar next week
- The bilateral talks in Doha, starting on Feb. 5, are expected to cover areas such as trade, investment and defense collaboration
- They come at a time when Pakistan is seeking to boost foreign investment and trade to put its fragile economy on path of recovery
ISLAMABAD: Pakistan’s deputy prime minister and foreign minister, Senator Ishaq Dar, has held an inter-ministerial meeting to review preparations for the upcoming Pakistan-Qatar Bilateral Political Consultations in Doha next week, Pakistani state media reported on Sunday.
The bilateral talks in Doha, starting on Feb. 5, are expected to cover key areas, including trade, investment, defense collaboration, and mutual diplomatic interests.
Besides leading Pakistan’s delegation at the talks, Dar will hold meetings with the Qatari leadership, a Pakistani foreign office spokesperson said on Friday.
During Sunday’s meeting, officials briefed the deputy prime minister on the status of various Pakistan-Qatar initiatives, the Radio Pakistan broadcaster reported.
“The deputy prime minister and foreign minister underscored that preparations should be made for substantive, productive and result oriented discussions in Doha,” the report read.
The talks come months after Prime Minister Shehbaz Sharif visited Qatar in Oct. 2024 to bolster economic cooperation between the two countries. Sharif led delegation-level talks with the Qatari emir, Sheikh Tamim bin Hamad Al-Thani, before holding a separate meeting with him to discuss a wide array of issues.
“The leaders reviewed the entire spectrum of Pakistan-Qatar relations, exploring potential avenues for enhanced cooperation in trade, potential areas of investment, energy, and culture,” Sharif’s office said at the time.
Pakistan and Qatar have longstanding economic, defense and cultural relations. In 2022, the Qatar Investment Authority committed $3 billion for projects in Pakistan, spanning airport management, renewable energy and hospitality.
The talks between both countries are occurring at a time when Islamabad is seeking to boost foreign investment and trade to support its dwindling economy, which is on a tricky path to recovery since Pakistan avoided a default in June 2023.
Pakistan demands ‘urgent action’ to protect world wetlands to mitigate climate crisis
- Wetlands are defined as both freshwater and coastal and marine ecosystems that are vital to human well-being and sustainable development
- These ecosystems act as natural buffers against floods and function as carbon sinks, which helps mitigate the effects of global warming
ISLAMABAD: Pakistan on Sunday called on the world to take “urgent action” to safeguard wetlands, emphasizing their significant role in environmental preservation, biodiversity, and combating impacts of climate change.
The statement by Romina Khurshid Alam, the Pakistan prime minister’s coordinator on climate change, came on the World Wetlands Day being observed under the theme “Wetlands and Water.” Alam called for strengthened global and national efforts to safeguard these vital ecosystems.
The United Nations (UN) has designated Feb. 2 as World Wetlands Day to commemorate the adoption of the Ramsar Convention on Wetlands in 1971. As part of Pakistan’s commitment to the Ramsar Convention, the country has designated 19 wetlands of international importance, including the famous Keenjhar Lake, Rann of Kutch, and the Haleji Lake, which support a wide variety of wildlife, especially for around 2 million migratory birds from countries in Central Asia, Siberia and northern parts of Europe.
The Pakistan PM’s aide stated that climate change has exacerbated the challenges faced by wetlands in Pakistan, with rising temperatures, changing rainfall patterns, and increasing sea levels causing wetlands to shrink disrupting the delicate balance of these ecosystems.
“As we observe World Wetland Day, it is essential that we commit taking action not just today but every day to safeguard the wetlands and the countless species that depend on them,” Alam said. “By collaborating, we can preserve these precious resources and build a sustainable future of environment.”
Wetlands are defined as both freshwater and coastal and marine ecosystems, and include all lakes and rivers, swamps, marshes, peatlands, estuaries, deltas, tidal flats, mangroves, coral reefs, and underground aquifers.
These areas are vital to human well-being and sustainable development but despite their critical role, wetlands are among the ecosystems with the highest rates of decline, loss and degradation, according to environmental experts.
Alam noted that although Pakistan contributes only 1 percent to global greenhouse gas emissions, it has been ranked among top ten climate-vulnerable nations.
“This stark disparity highlights the country’s heightened risk to the effects of climate change, such as extreme weather events, floods, droughts, and rising temperatures, which pose significant threats to its population, economy, and place additional pressure on its wetland resources,” she said, emphasizing that wetlands act as natural buffers against floods and function as carbon sinks, which helps mitigate the effects of global warming.
Pakistan last year recorded its “wettest April since 1961,” with 59.3 millimeters of rainfall while some areas of the country faced a heat wave in May and June. In 2022, unusually heavy rains triggered flash floods in many parts of the country, killing over 1,700 people, inflicting losses of around $30 billion, and affecting at least 30 million people.
Scientists have attributed Pakistan’s erratic weather patterns to climate change effects and called on countries around the world to take urgent steps to tackle the crisis.
Alam reaffirmed Pakistan’s commitment to protecting these vital ecosystems by strengthening environmental policies, promoting sustainable water management, and working closely with local communities to ensure that wetlands are preserved for future generations.
“Pakistan has shown resilience in the face of climate change, and our government is continuously taking steps to address environmental degradation,” she said. “Wetlands, especially in regions like the Indus Delta, play a crucial role in maintaining the ecological balance and supporting livelihoods.”
