ISLAMABAD: Pakistan’s top economic body on Monday approved various proposals for the upcoming budget with regard to the inclusion of China-Pakistan Economic Corridor (CPEC) and foreign investment projects in the development plan, Pakistan Prime Minister’s Office said.
The statement came after a meeting of the National Economic Council (NEC) in Islamabad, which was presided over by Prime Minister Shehbaz Sharif. The forum reviewed development budget of fiscal year 2023-24 and was briefed on proposals for development plans in fiscal year 2024-25, starting July 1.
Pakistan’s coalition government is expected to lay out ambitious fiscal targets for the fiscal year 2024-2025 (July-June) budget on Wednesday that would help strengthen its case for a new bailout deal with the International Monetary Fund (IMF).
“The council was told that CPEC projects, international investment projects, and ongoing projects close to completion will be given priority in the upcoming development budget,” PM Sharif’s office said in a statement.
“Apart from this, sustainable development goals (SDGs) will be included in the development budget and backward areas will be prioritized in the development budget. The Council approved the said measures.”
Beijing is investing over $65 billion in energy and infrastructure projects in Pakistan as part of CPEC, a major segment of Beijing’s Belt and Road infrastructure initiative, which will connect China to the Arabian Sea and help Islamabad expand and modernize its economy through a network of roads, railways, pipelines and ports in Pakistan.
Along with talks with the IMF to support the dwindling $350 billion economy, Islamabad has also been making ambitious efforts to boost foreign direct investment in the country and has seen a flurry of high-level exchanges with Saudi Arabia, Japan, Azerbaijan, Qatar and other countries in recent months.
Speaking at the meeting, PM Sharif said his government would ensure best utilization of available resources for the economic revival, welfare of the masses and development of the country.
“The federation will ensure consultation with provinces and stakeholders so that decisions are made through collective wisdom and consensus for economic revival of the country,” he said.
The council was also given a detailed briefing on the 13th five-year development plan and informed that the scheme included development of all regions, especially backward areas, increase in exports, promotion of small and medium-scale industries, social security and poverty alleviation, increase in efficiency of workforce, progress in knowledge economy and a strategy to mitigate adverse effects of climate change.
Pakistan is in talks with the IMF for a loan estimated to be anything between $6 billion to $8 billion to avert a default for an economy that is growing at the slowest pace in the region.
While its fiscal and external deficits have been brought under control, it came at the expense of a sharp drop in growth and industrial activity as well as high inflation, which averaged close to 30 percent in the last financial year and 24.52 percent over the last 11 months.
The growth target for the upcoming year is expected to be higher at 3.6 percent compared to 2 percent this year and economic contraction last year.
Pakistan economic body approves proposals for CPEC, investment projects in development budget
https://arab.news/7jse2
Pakistan economic body approves proposals for CPEC, investment projects in development budget
- Pakistan is expected to lay out ambitious fiscal targets for the fiscal year 2024-2025 budget on Wednesday
- The government aims to strengthen its case through the upcoming budget for a new bailout deal with the IMF
Pakistan Senate rejects Indian attempt to link it to Kashmir tourist attack
- Deputy PM Ishaq Dar says India must be held accountable for its acts of ‘terrorism’ in Pakistan
- He also reaffirms Pakistan’s ‘moral, political and diplomatic’ support to the people of Kashmir
ISLAMABAD: Pakistan’s Senate on Friday unanimously passed a resolution condemning what it called India’s “frivolous and baseless” attempts to link Islamabad to a deadly shooting in the disputed Himalayan region of Kashmir, rejecting the allegation and accusing New Delhi of using “terrorism” as a political tool.
India has blamed Pakistan for the attack in the scenic town of Pahalgam in Kashmir’s Anantnag district, where gunmen killed 26 civilians on Tuesday in the deadliest assault on non-combatants in nearly two decades.
Pakistan has denied any involvement in the incident, with Deputy Prime Minister Ishaq Dar reading out the resolution in the upper house of parliament that was later adopted by all the lawmakers.
“The Senate of Pakistan condemns terrorism in all its forms and manifestation, emphasizes that killing of innocent civilians is contrary to the values upheld by Pakistan [and] rejects all frivolous and baseless attempts to link Pakistan with the Pahalgam attack of 22nd April 2025 in Indian Illegally Occupied Jammu and Kashmir,” he said.
The resolution denounced India’s suspension of the decades-old Indus Waters Treaty and reaffirmed Pakistan’s support for the Kashmiri people’s right to self-determination.
It also accused India of waging a “mala fide campaign” to malign Pakistan.
“The country’s sovereignty, security and interests demand that India should be held accountable for its involvement in different acts of terrorism and targeted assassinations on the soil of other countries, including Pakistan,” Dar continued.
He also reaffirmed Pakistan’s “unwavering moral, political and diplomatic support for and commitment to the Kashmiri people’s just struggle for realization of their inalienable right to self determination.”
Detained Pakistan rights activist Dr. Mahrang Baloch launches hunger strike
- Baloch, 32, was arrested last month on charges of terrorism, sedition and murder
- Dozen UN experts called on Pakistan in March to immediately release Baloch rights defenders
QUETTA: Detained activist Dr. Mahrang Baloch, one of the leading campaigners for Pakistan’s Baloch minority, has launched a hunger strike along with other detainees, her sister told AFP on Friday.
Mahrang Baloch, 32, was arrested last month on charges of terrorism, sedition and murder.
In her native Balochistan, an impoverished province that borders Afghanistan and Iran, security forces are battling a growing insurgency.
Rights groups say the violence has been countered with a severe crackdown that has swept up innocent people. Authorities deny heavyhandedness.
Mahrang’s hunger strike “is aimed at denouncing the misconduct of the police and the failure of the justice system to protect... prisoners,” her younger sister, Nadia Baloch, said.
Nadia said the hunger strike was launched on Thursday after the attempted “abduction” of one of the Baloch detainees.
Mahrang’s organization, the Baloch Yakjehti Committee (BYC), said the inmate was beaten by security officials and taken from the prison to an unknown location.
A security official said the detainee was moved to another prison and denied any mistreatment.
BYC said four other detained Baloch activists have joined the hunger strike.
“All of them are peaceful political workers, imprisoned for raising their voices... Their only ‘crime’ is organizing peacefully in an environment saturated with state terror and violence,” the group said.
Activists say in the crackdown against militancy in the region authorities have harassed and carried out extrajudicial killings of Baloch civilians.
Pakistani authorities reject the “baseless allegations.”
A dozen UN experts called on Pakistan in March to immediately release Baloch rights defenders, including Mahrang, and to end the repression of their peaceful protests.
UN special rapporteur for human rights defenders Mary Lawlor said she was “disturbed by reports of further mistreatment in prison.”
The judiciary has declined to rule on Mahrang’s detention, effectively halting any appeal and placing the matter solely in the hands of the provincial government.
Insurgents in Balochistan accuse outsiders of plundering the province’s rich natural resources and launched a dramatic train siege in March, during which officials said about 60 people were killed.
Pakistan joins Muslim world in sending condolences ahead of Pope’s funeral on Saturday
- Over 128,000 people have already paid last respects to Francis, whose coffin will be closed at 1800 GMT in ceremony attended by senior cardinals
- Francis will be interred in the ground, his simple tomb marked with just one word: Franciscus, people will be able to visit the tomb from Sunday morning
ISLAMABAD: Pakistan joined the Muslim world in sending condolences as the Vatican made final preparations Friday for Pope Francis’s funeral and the last of the huge crowds of mourners filed through St. Peter’s Basilica to view his open coffin.
Over 128,000 people have already paid their last respects to Francis, whose coffin will be closed at 8:00pm (1800 GMT) in a ceremony attended by senior cardinals.
Many of the 50 heads of state and 10 monarchs attending Saturday’s ceremony in St. Peter’s Square, including US President Donald Trump and Ukrainian leader Volodymyr Zelensky, are expected to arrive later Friday in Rome.
“Pakistan conveys its heartfelt condolences on the passing of His Holiness, Pope Francis, a revered spiritual figure and a worldwide advocate for peace, interfaith dialogue and compassion,” the foreign office said.
“His Holiness demonstrated unwavering commitment to fostering unity among world religions, advocating for the oppressed and promoting the inherent dignity of all humankind. Pakistan deeply values his tireless efforts to enhance mutual respect and understanding among diverse cultures and faiths.”
The foreign office said the pope’s legacy was marked by “profound humility, selfless service and a unifying vision for humanity,” which would serve as an inspiration for generations to come.
“At this moment of profound sorrow, Pakistan stands in solidarity with our Catholic brothers and sisters worldwide and with all those touched by the extraordinary life of service.”
Italian and Vatican authorities have placed the area around St. Peter’s under tight security with drones blocked, snipers on roofs and fighter jets on standby. Further checkpoints will be activated on Friday night, police said.
Vast crowds of people on Friday morning packed Via della Conciliazione, the wide avenue leading to the Vatican, for the third and final day of the pope’s lying-in-state.
For a second night in a row, the Vatican kept St. Peter’s open past the scheduled hours to accommodate the queues, only closing the doors between 2:30am (0030 GMT) and 5:40am Friday.
Cardinal Kevin Farrell, Camerlengo of the Holy Roman Church, will preside at the Rite of Sealing of the Coffin of the late Pope Francis on Friday, April 25, at 8:00 PM, ahead of the papal funeral on Saturday morning.
The Catholic Church’s first Latin American pope died on Monday aged 88, less than a month after spending weeks in hospital with severe pneumonia.
The Argentine pontiff, who had long suffered failing health, defied doctors’ orders by appearing at Easter, the most important moment in the Catholic calendar.
It was his last public appearance.
Condolences have flooded in from around the world for the Jesuit, an energetic reformer who championed those on the fringes of society in his 12 years as head of the world’s 1.4 billion Catholics.
He used his last speech to rail against those who stir up “contempt... toward the vulnerable, the marginalized, and migrants.”
After the funeral, Francis’s coffin will be driven at a walking pace to be buried at his favorite church, Rome’s papal basilica of Santa Maria Maggiore.
The hearse will pass down Rome’s Fori Imperiali – where the city’s ancient temples lie – and past the Colosseum, according to officials.
Big screens will be set up along the route on which to watch the ceremony, Interior Minister Matteo Piantedosi said.
Francis will be interred in the ground, his simple tomb marked with just one word: Franciscus.
People will be able to visit the tomb from Sunday morning, as all eyes turn to the process of choosing Francis’s successor.
With inputs from AP
Families heartbroken as Pakistan closes airspace for Indian planes, land border shut
- Militant attack in Indian-administered Kashmir has triggered diplomatic crisis between Islamabad and New Delhi
- Diplomatic relations between Pakistan and India were weak even before the latest measures were announced
KARACHI: A 79-year-old Pakistani man, Ali Hasan Baqai, lamented about not being able to meet his siblings living in India as he sat with his wife and grandchildren at his house in Pakistan’s Karachi, hours after Pakistan closed its air space for Indian airlines on Thursday.
The move came in retaliation to a raft of actions by India after a deadly militant attack on tourists in Indian-administered Kashmir that New Delhi says Pakistan is involved in. Pakistani officials have rejected the accusations.
The latest diplomatic crisis was triggered by the killing of 26 men at a popular tourist destination in Indian-administered Kashmir on Tuesday, in the worst attack on civilians since the 2008 Mumbai shootings. The tit-for-tat announcements took relations between the nuclear-armed neighbors, who have fought three wars, to the lowest level in years.
Whenever relations deteriorate between Pakistan and India, elderly Baqai is besieged with a feeling of longing for his siblings and his birthplace on the other side of the border with India.
“I was planning to visit India. My sisters there were also planning to travel to Pakistan. But all of a sudden this attack happened. We could not even think of it. The situation was absolutely normal but suddenly the situation turned bad,” Baqai told Reuters Television.
Ali was born in 1946 in Delhi, India, a year before the partition of the subcontinent in 1947. He was last able to visit Delhi in 2014. Two of his sisters, along with his mother, passed away in the subsequent years. His three brothers died in India last year.
“If we don’t get a chance and the borders are closed for a long time, the only way left is we go to Dubai and meet each other there,” he said.
“You can’t meet your relatives. We can neither go there, nor can they come. It has become a mockery now. There is no hope left.”
Roadside blast kills three paramilitary troops in Pakistan’s volatile southwest
- The blast appeared to target bomb disposal personnel of the Frontier Corps paramilitary force in the Marget coalfield
- No group immediately claimed responsibility for the attack but suspicion is likely to fall on Baloch separatist militants
QUETTA: A roadside blast killed three paramilitary troops and injured four others in Pakistan’s southwestern Balochistan province on Friday, a local administration official said.
The blast in Margat area, home to coal mines and located some 60 kilometers from the provincial capital of Quetta, appeared to target the Frontier Corps paramilitary force’s bomb disposal personnel when they were clearing the route.
Balochistan, which shares a porous border with Iran and Afghanistan, has been the site of a decades-long insurgency by Baloch separatists who have targeted security forces protecting mining fields, laborers and truckers transporting minerals.
“An improvised explosive device (IED) was planted along the route being used for the transportation of coal from the Marget coalfield which exploded when the bomb disposal wing of the Frontier Corps was busy in security clearance of the route,” Quetta Deputy Commissioner Saad bin Asad told Arab News.
“Three soldiers of the BD wing were killed and four wounded in the attack.”
No group immediately claimed responsibility for the attack, but suspicion is likely to fall on ethnic Baloch separatist militants, who frequently target security forces, Chinese nationals, ethnic Punjabi commuters and laborers in the restive province.
The separatists accuse Islamabad of exploiting the province’s natural resources, such as gold and copper. Successive Pakistani governments have denied the allegations and said they only worked for the uplift of the region and its people.
The latest attack comes a day after three people, including two women, were killed when a vehicle was hit by a powerful explosion in Balochistan’s Kalat district. Last month, the Baloch Liberation Army separatist group hijacked a train with hundreds of passengers aboard near Balochistan’s Bolan Pass, which resulted in the deaths of 23 soldiers, three railway employees and five passengers. At least 33 insurgents were also killed.
Pakistan accuses the neighboring Afghanistan and India of supporting separatist militants in Balochistan, an allegation denied by New Delhi and Kabul.
