ISLAMABAD: The government’s key coalition allies criticized its tax-heavy federal budget during a parliamentary session on Friday, urging authorities to adopt “people-friendly” policies as Islamabad’s hopes the document will prove instrumental in securing another International Monetary Fund (IMF) bailout package.
Pakistan’s parliament kicked off the debate into the federal budget on Thursday, with opposition party Sunni Ittehad Council (SIC) labelling the government’s move to present the budget as “economic terrorism” against the people. Islamabad has set an ambitious tax revenue generation target of about Rs13 trillion ($46.55 billion) in the budget, which was presented on June 12 by Finance Minister Muhammad Aurangzeb.
When the budget debate resumed in the National Assembly on Friday, the government’s key coalition allies distanced themselves from the taxes imposed in the finance bill, calling on authorities to levy them on landlords and the affluent class rather than the salaried group.
“If sanity fails to prevail and a public-friendly budget is not prepared, then this traditional budget is going to be the biggest threat to the country’s security,” Dr. Farooq Sattar, a senior lawmaker of the government’s coalition partner, Muttahida Quami Movement-Pakistan, (MQM-P) said during the parliamentary session.
He said the budget signaled that the status quo continued to wield power in Pakistan.
Meanwhile, Pakistan Peoples Party (PPP) lawmaker Shazia Marri confirmed that no breakthrough had been reached in talks held between the ruling Pakistan Muslim League-Nawaz (PML-N) party and the PPP’s senior leadership on their differences regarding the budget.
PPP Chairman Bilawal Bhutto-Zardari led a high-level delegation of his party to meet Prime Minister Shehbaz Sharif and the government’s senior leadership on Thursday. The two sides attempted to iron out their differences over the federal budget.
The PPP has accused the government of ignoring its recommendations in the budget. While not a member of the federal cabinet, the PPP voted for Sharif in the prime minister’s election and forms the government in Pakistan’s southern Sindh province. The PML-N-led government requires the PPP’s votes for the budget to pass.
After the meeting between the two sides ended on Thursday, a handout issued by the Prime Minister’s Office (PMO) said both sides had agreed to form committees to work out their differences over the budget.
Speaking during the National Assembly session on Friday, Marri pointed out that the government’s ministers had not attended the session.
“Relevant ministers must be present in the house during budget session,” Marri said, adding that her party was reluctant to participate in such sessions till it resolved its differences with the government on the budget.
Another PPP leader Sharmila Faruqi said both parties’ relevant committees would hold meetings to reach a consensus on the budget before voting on the finance bill takes place next week.
“Not much of a breakthrough, subsequent meetings to follow,” Faruqi told Arab News about the meeting between the two sides. “PML-N must honor its commitments to PPP.”
Meanwhile, SIC lawmaker Sajid Khan criticized the government for imposing heavy taxes in the budget on medicines and food items.
“The government should reopen border with Afghanistan from Angoor Ada [town in northwestern Pakistan] to resume trade and business activities,” he recommended.
Khan said the government should review tax measures and allocate a special budget for the development of the erstwhile tribal regions bordering Afghanistan.
“The government should allocate the promised 3 percent of the National Finance Award for the development of the tribal regions,” he said.
Pakistani government’s coalition allies distance themselves from ‘tax-heavy’ budget in parliamentary debate
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Pakistani government’s coalition allies distance themselves from ‘tax-heavy’ budget in parliamentary debate
- Dr. Farooq Sattar, a lawmaker of government ally MQM-P, demands a more “people-friendly” budget
- PPP lawmakers confirm no breakthrough reached with ruling party PML-N on budget differences
Pakistan invites scientists, students to pitch experiments for mission to Chinese space station
- The country’s space agency has partnered with China to send first Pakistani astronaut to space
- The mission is expected take place by late 2026 following the completion of astronaut training
ISLAMABAD: Pakistan’s national space agency on Friday invited scientists, researchers and students to contribute to the country’s first-ever human spaceflight mission by submitting proposals for innovative experiments to be conducted aboard a Chinese space station.
Earlier this year in February, the Pakistan Space and Upper Atmosphere Research Commission (SUPARCO) signed a cooperation agreement with China, paving the way for a Pakistani astronaut to travel to the Tiangong space station.
The mission is expected to take place by the end of 2026 following the completion of astronaut training.
“As Pakistan’s first astronaut prepares to undertake a historic journey to the Chinese Space Station (CSS), the national space agency calls for proposals for innovative experiments to be conducted in the extreme thermal, complete vacuum and microgravity environment of the CSS to maximize the scientific impact of this mission,” SUPARCO said in an official statement.
“This is a significant chance for Pakistan’s scientific community and emerging scientists and engineers to contribute to the nation’s space journey and make a lasting impact on the future of space exploration,” it added.
The statement said the Chinese space station orbits the Earth at an altitude of around 380 kilometers, completing one revolution every 92 minutes at a speed of approximately 7.7 kilometers per second.
The space station features state-of-the-art facilities, including specialized experiment racks for research in life sciences, biotechnology, fundamental physics, fluid dynamics, material science and astrophysics.
The Pakistani agency particularly encouraged proposals in agriculture and medical sciences, noting the potential of microgravity to generate groundbreaking insights in those fields.
“Proposed experiments should be novel, cost-effective, lightweight and feasible within a week in microgravity,” it said. “Submissions must align with CSS research priorities, be unique, and support sustainable development goals.”
SUPARCO highlighted the selected experiments could lead to high-impact scientific publications, patents or commercial applications, emphasizing the project’s potential to contribute to socio-economic development.
The deadline to submit proposals is April 30.
Trafficking of NATO, Soviet arms continues in Afghanistan, Pakistan years after Taliban takeover — report
- While weapons management practices have improved over the past three years, their application remains inconsistent across Afghan provinces and communities, monitor says
- The statement comes months after Islamabad voiced ‘profound concern’ over the presence of advanced US weapons in Afghanistan amid a surge in militancy in Pakistan’s border areas
ISLAMABAD: Trafficking and illegal sale of North Atlantic Treaty Organization (NATO) and Soviet arms have continued in Afghanistan and Pakistan’s border regions more than three years after the Taliban’s takeover of Kabul and their seizure of the previous regime’s stockpiles, a Geneva-based monitor Small Arms Survey has said in its recent report.
The report, titled “Documenting Arms Availability in Afghanistan,” said as of August 2021, Afghanistan had 258,300 rifles, including M4, M16 and AK-variants, 64,300 pistols, 63,000 sniper rifles, 56,155 light, medium and heavy machine guns, 31,000 grenade launchers, 9,115 shotguns, 1,845 rounds of 60-82mm, as well as hundreds of thousands of accessories and munitions.
The paper reviewed field investigations conducted from 2022 to 2024 into the availability and prices of small arms, light weapons, accessories, and ammunition at informal markets in the Afghanistan–Pakistan border areas. It found that cross-border trafficking was more of a “slow drip” than a flood, with both newer NATO- and older Soviet-pattern weapons still accessible in Afghanistan’s eastern provinces and Pakistan’s tribal districts.
While weapons management practices have improved over the past three years, their application remains inconsistent across provinces and communities, with institutional weaknesses, including limited technical capacity and reliance on paper-based systems, undermining the Taliban’s control efforts, according to the report. Diversion to illicit markets and the “deliberate provision of weapons to various non-state armed groups” remain significant concerns.
“More than three years after the Taliban’s takeover and their seizure of the previous regime’s weapons stockpiles, the de-facto authorities have strengthened control over commanders and restricted civilians’ and private businesses’ access to arms,” the report, published late last month, read.
“Arms trafficking has continued — likely with at least the tacit approval of low-level Taliban officials — and evidence suggests the continued arming of UN Security Council-designated terrorist groups, including the Tehreek-e-Taliban Pakistan (TTP) and Al-Qaeda, alongside efforts to acquire conventional weapons systems on international markets.”
Many local commanders in Afghanistan view weapons obtained during the insurgency as personal property, or property of their respective fighting group, and therefore resist efforts to register and manage these arms centrally, according to the report.
Additionally, internal divisions within the Taliban, along with the personal networks of commanders, provide informal pathways to acquire weapons, bypassing formal approval processes. These challenges led to significant variations in control practices from province to province based on the influence of local commanders and their relationship with Afghan central authorities.
“When comparing prices in Pakistan with those in Afghan border provinces, US M4 rifles cost between USD3,325 and USD 3,700 in Pakistan, making them cheaper than in Khost and Nangarhar on the Afghan side but slightly more expensive than in Kunar, Paktia, and Paktika,” it read.
“In general, the wide variety in price is likely indicative of the condition of the weapons and their origin; sophisticated replicas may have also accounted for some of the lower-priced models. M16 rifles, however, are significantly less expensive in Pakistan, at an average price of between USD1,245 and USD1,400, compared to USD1,824–3,065 in Afghanistan... Conversely, Russian AK-pattern rifles are notably more expensive in Pakistan.”
In Jan. this year, Pakistan voiced “profound concern” over the presence of advanced US weapons in Afghanistan, which Washington has sought to be returned by Kabul’s Afghan Taliban rulers.
“The presence of US advance weapons in Afghanistan, left behind in the aftermath of the withdrawal of its troops in August 2021, has been an issue of profound concern for the safety and security of Pakistan and its citizens,” the Pakistani foreign office said in a statement.
“These weapons have been used by terrorist organizations, including the TTP [Tehreek-e-Taliban Pakistan], to carry out terrorist attacks in Pakistan.”
The statement came months after Pakistani security officials said custom authorities had seized a large cache of US-made weapons and ammunition worth approximately Rs35 million ($125,000) at a border crossing between Pakistan and Afghanistan. The weapons seized at the Torkham border crossing in Pakistan’s northwestern Khyber Pakhtunkhwa (KP) province included M4 rifles and magazines, security sources said in Oct. last year.
Pakistan has struggled to contain surging militancy in KP since a fragile truce between the Pakistani Taliban, or the TTP, and the state broke down in November 2022.
The TTP and other militant groups have frequently targeted security forces convoys and check-posts, besides targeted killings and kidnappings of law enforcers and government officials in recent months. In 2024 alone, the Pakistani military reported that 383 soldiers and 925 militants were killed in various clashes.
Islamabad has frequently blamed the surge in militancy on Afghanistan, accusing it of sheltering and supporting militant groups that launch cross-border attacks. Afghan officials deny involvement and insist that Pakistan’s security issues are an internal matter of Islamabad.
Pakistan stocks hit all-time intraday high after power tariff cuts, favorable IMF review
- A day ago, the South Asian country announced more than Rs7 cut in domestic and industrial power tariffs
- Pakistan last week reached a staff-level agreement with IMF for the first review of its $7 billion loan program
ISLAMABAD: The Pakistan Stock Exchange (PSX) gained more than 1,800 points in an all-time high in intraday trade on Friday, with Prime Minister Shehbaz Sharif attributing the bullish sentiment to his government’s economic policies.
The benchmark KSE-100 index surged by 1,855 points, or 1.56 percent, to reach 120,793 points at 10am on Friday, compared to the previous close of 118,938 points.
The development comes a day after Pakistan announced more than Rs7 cut in domestic and industrial power tariffs and nearly a week after it reached a staff-level agreement with the International Monetary Fund (IMF) for the first review of its $7 billion loan program secured last year.
“Positive trend in business at the Pakistan Stock Exchange reflects growing confidence of traders and investors in government’s economic policies,” PM Sharif said in a statement.
“A major reduction in electricity tariffs has been made, which will not only provide relief to domestic consumers, but it is also welcoming for the business community and industries.”
Ahsan Mehanti, chief executive officer of the Karachi-based Arif Habib Corporation brokerage house, said the industrial power tariff cut and the year-on-year drop in consumer price index (CPI) inflation rate to 0.7 in March, which has led to expectations of a policy rate cut, were key factors behind the bullish trend.
“Institutional support on the IMF deal and speculations over the government negotiations on [US President Donald] Trump tariff played a catalyst role in bullish activity at the PSX,” he said.
Raza Jafri, head of research at Intermarket Securities, said Pakistani equities have been performing well after the Eid Al-Fitr break, in sharp contrast to world markets, as the South Asian country appears to be better placed than competing textile exporters such as Bangladesh and Vietnam when it comes to reciprocal tariffs.
“[But] domestic developments such as the ongoing IMF program and cut in electricity tariffs seem to hold more importance for Pakistan which is relatively insulated from global developments and arguably a net beneficiary if the reduction in international oil prices more than offsets the impact on exports,” he added.
Pakistan Super League 10th edition tickets go up for sale online
- The Twenty-20 tournament is set to begin from Apr. 11 and will feature over 30 matches
- Online tickets can be collected from designated TCS pick-up centers or delivered to home
ISLAMABAD: Online sale of tickets for the 10th edition of the Pakistan Super League (PSL) began on Thursday, the Pakistan Cricket Board (PCB) said.
The 10th edition of the PSL beginning on Apr. 11 will host 34 matches in Karachi, Lahore, Rawalpindi and Multan, with the final scheduled for May 18 at Lahore’s Qaddafi Stadium.
This season will feature top local and international players, following the usual format with group stages and knockout rounds, according to the PCB.
Tickets booked online can be collected from designated TCS pick-up centers or delivered directly to home.
“HBL PSL X tickets online sale has commenced from 3pm PKT today as the marquee event is all set to begin from Apr. 11,” the PCB said in a statement on Thursday.
Physical tickets for the tournament will go up for sale at designated TCS centers across the country at 4pm on Apr. 7 onwards, according to the board.
The stadium seating for each match is divided into four categories: General Enclosure, Premium, First-Class and VIP Stands, along with the exclusive HQSP PCB Gallery.
Ticket prices start at $2 (Rs650) for the general category. Regular match tickets can go up to $21 (Rs6,000) for VIP categories, while playoffs and finals may cost as much as $35 (Rs10,000) for VIP stands.
The PCB said it will also hold a ticket raffle at every match, with exciting prizes such as motorcycles, smartphones and gift hampers to enhance fan engagement and offer a unique match-day experience.
PM Sharif forms committee to probe Pakistan’s failure to utilize Hajj 2025 private quota
- Committee to probe why Kingdom’s Hajj policy was not implemented by Pakistan’s religion ministry through private Hajj operators
- Inquiry committee would also ‘fix the responsibility for this serious lapse, depriving thousands of Pakistani pilgrims from Hajj 2025’
ISLAMABAD: Prime Minister Shehbaz Sharif has formed a three-member inquiry committee to investigate why Pakistan had failed to utilize the private Hajj 2025 quota by not complying with certain requirements of the Kingdom’s Hajj policy, a notification by the Cabinet Division said on Thursday.
Pakistan and Saudi Arabia signed the Hajj Agreement 2025 in January, according to which 179,210 Pakistanis were expected to perform the annual pilgrimage this year. The quota was divided equally between government and private schemes.
However, the South Asian country failed to fully avail the private Hajj quota and the inquiry committee, led by the Cabinet Division secretary, would investigate the reasons behind the lapse. The probe panel also includes the chairman of Pakistan’s Federal Board of Revenue (FBR) and the Gilgit-Baltistan chief secretary.
“The Prime Minister, while taking serious notice for non-availing of the private Hajj quota for Hajj-2025 due to non-compliance of the requirements of the Kingdom of Saudi Arabia, has been pleased to constitute an inquiry committee on ‘Hajj Arrangements,’” the notification said, without specifying the number of private Hajj scheme seats that could not be filled.
It said the committee’s terms of reference would include inquiring why Saudi Arabia’s Hajj policy, revised in 2025, was not implemented by Pakistan’s Ministry of Religious Affairs and Interfaith Harmony through private Hajj operators.
The notification said the committee would also probe the ministry’s efforts to get the pre-requisite formalities completed by private Hajj operators by the target date set by the Kingdom.
The committee would also “fix the responsibility for this serious lapse, depriving thousands of Pakistani pilgrims from Hajj 2025,” it added.
Speaking to a private news channel, Pakistan Ulema Council Chairman Tahir Ashrafi praised Sharif’s move, describing it as a “step in the right direction.”
“Due to this, matters related to private Hajj pilgrims will improve in future and the current situation will also come to light, as to what happened and why did the delay take place,” Ashrafi told Express News.
In January, the Pakistani prime minister had chaired a meeting to review Hajj 2025 preparations, during which he had warned officials the government would not tolerate any negligence in their duties related to the annual pilgrimage.
