Saudi Arabia, other friendly states to invest $27 billion in Pakistan in five years — minister

Pakistan’s Planning Minister Ahsan Iqbal speaks during a press conference in Islamabad on July 5, 2024. (APP/File)
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Updated 15 September 2024
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Saudi Arabia, other friendly states to invest $27 billion in Pakistan in five years — minister

  • The development comes amid Islamabad’s efforts to attract foreign investment to drive economic growth, development
  • In recent months, Pakistan has reached investment deals mainly with Gulf states in maritime, energy and other sectors

ISLAMABAD: Planning Minister Ahsan Iqbal has said that friendly countries, including Saudi Arabia and the United Arab Emirates (UAE), have pledged to invest $27 billion in Pakistan in the next five years, Pakistani state media reported on Sunday, amid a push for foreign investment in the South Asian country.
The development comes amid Islamabad’s efforts to attract foreign investment to drive economic growth in Pakistan that has been engulfed in an economic crisis due to decades of financial mismanagement.
In recent months, the South Asian country has reached multiple investment deals with a number of countries, mainly the Gulf states, in infrastructure, energy, maritime, ports and other sectors.
Iqbal said his government was making efforts to bring socio-economic reforms to put the country on the path of fast-track economic development, the state-run Radio Pakistan broadcaster reported.
“Saudi Arabia has announced to invest five billion dollars, while the UAE and Kuwait will each invest ten billion dollars and Azerbaijan will invest two billion dollars,” he was quoted as saying.
China has also shown willingness for the second phase of the China-Pakistan Economic Corridor (CPEC), a flagship of Beijing’s Belt and Road Initiative through which it has pledged over $60 billion in investment projects in Pakistan, according to Iqbal.
Beijing has given assurances for the establishment of five new corridors, including that of growth, livelihood, innovation, green economy and open regional inclusive development.
Since avoiding a default last year, Pakistan has been making attempts to boost investment and trade to revive its fragile economy, and reached a staff-level agreement with the International Monetary Fund (IMF) in July for a new $7 billion loan.
The IMF executive board is due to meet on September 25 to discuss the bailout, with Pakistani officials saying that all matters with the lender have been “settled amicably.”
Prime Minister Shehbaz Sharif said this week that friendly countries had played a major role in helping meet requirements placed before Islamabad by the IMF, which included arranging additional external financing and debt rollovers.
Islamabad has for years relied on China, Saudi Arabia and the UAE for assistance to meet such external financing requirements.


Pakistan says building ‘wider consensus’ on constitutional amendments amid criticism from lawyers, opposition

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Pakistan says building ‘wider consensus’ on constitutional amendments amid criticism from lawyers, opposition

  • Package of reforms is expected to increase retirement age of superior judges, change chief justice’s appointment process
  • Prominent lawyers threaten to stage protest against amendments, describe them as “assault on unity of the nation”

ISLAMABAD: Pakistan’s information minister on Wednesday said the government was building a “wider consensus” on constitutional amendments seeking to reform the judiciary, as prominent lawyers and opposition parties in the country rejected the proposals which they say compromise the independence of the judiciary. 

The package of reforms, widely believed to include as many as 22 amendments to the constitution, is expected to increase the retirement age of superior judges by three years and change the process by which the Supreme Court chief justice is appointed.

The amendments have raised widespread concerns among opposition parties and legal experts who say the moves are aimed at increasing the government’s power in making key judicial appointments and dealing with the defection of lawmakers during house votes. 

The ruling coalition comprising the Pakistan Peoples Party (PPP) and the Pakistan Muslim League-Nawaz (PML-N) is short of at least 13 lawmakers in the National Assembly and four in the Senate to complete the required two-thirds majority required for the amendments to pass. Both parties have since engaged various political players, including the leader of the Jamiat Ulama-e-Islam Fazl (JUI-F) Fazl-ur-Rehman, to garner his support for the amendments. 

“The process for a wider consensus on the constitutional amendments is continuing as all political parties have talked about it and tried to build a consensus,” Information Minister Attaullah Tarar told reporters at a news conference. 

One of the key proposals is to create a new federal Constitutional Court alongside the Supreme Court. Tarar defended the proposal, saying it would make life easy for thousands of litigants in the country. 

“The constitutional matters go to the constitutional court so that no obstruction should be created in way of justice for common litigants,” he said. 

Speaking to reporters earlier in the day, Rehman said his party had “completely rejected” the proposed draft of the amendments presented to the opposition. Meanwhile, the Pakistan Tehreek-e-Insaf (PTI) opposition party of jailed former premier Imran Khan has also criticized the amendments, alleging that they are meant to grant an extension to incumbent Supreme Court Chief Justice Qazi Faez Isa, who is widely believed to be aligned with the ruling coalition led by PM Shehbaz Sharif and in opposition to its chief rival, the PTI. 

Tarar said the government is engaged with the JUI chief to build a consensus on the document.

At a news conference in Islamabad, Federal Law Minister Azam Nazir Tarar said the bill will not be introduced in parliament till the cabinet approves it. 

“When it [bill] is introduced in the assembly, then it can be said the government has brought this bill and which amendments it would be able to get passed and which one it would withdraw,” the law minister said. 

PPP lawmaker Sehar Kamran told Arab News that after the government’s failure to build consensus on the matter, her party’s chairman Bilawal Bhutto-Zardari had decided to engage other political parties to do the same.

“Now Bilawal Bhutto-Zardari has taken up this job of engaging with all political forces to build consensus on at least two points, including the establishment of a constitutional court and increased parliamentary role in the appointment of the judges,” Kamran said. 

She said the move was neither time-bound nor person-specific, saying that it was instead aimed at facilitating the public in the speedy dispensation of justice.

'ASSAULT ON UNITY OF NATION'

Meanwhile, prominent Pakistani lawyers rejected the proposed amendments, threatening to take to the streets against it. 

“Lawyers are ready to play their role in stopping these amendments from being passed by the parliament as they are aimed at abolishing the independence of the judiciary,” Rabbiya Bajwa, former vice president of the Lahore High Court Bar Association (LHCBA) told Arab News.

She said the LHCBA was holding a convention on Thursday where lawyers from across the country would protest against the proposed constitutional amendment package.

Advocate Amanullah Kanrani, former president of the Supreme Court Bar Association (SCBA), said the government’s constitutional package was “an assault on the unity of the nation” which must be thwarted.

“The government wants to dilute powers of the Supreme Court by establishing a parallel constitutional court for temporary benefits, but this will haunt the nation for time to come,” Kanrani said.


Russia would support Pakistan’s inclusion in BRICS, says Russian deputy PM

Updated 18 September 2024
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Russia would support Pakistan’s inclusion in BRICS, says Russian deputy PM

  • BRICS bloc features Brazil, Russia, China, South Africa and Pakistan’s arch-rival India 
  • Russian Deputy PM Alexei Overchuk arrived in Pakistan on two-day visit today

ISLAMABAD: Russian Deputy Prime Minister Alexei Overchuk said on Thursday that Moscow would support Pakistan’s inclusion in BRICS.

“We would be supportive of it,” Overchuk, who is on a two-day visit to Islamabad told a joint press conference with Pakistan’s Foreign Minister Ishaq Dar in Islamabad, in response to a question about Pakistan’s request to become part of the grouping of the world’s leading emerging market economies.

BRICS is named after Brazil, Russia, India, China and South Africa. The bloc last year invited Saudi Arabia, Iran, Ethiopia, Egypt, Argentina and the United Arab Emirates to become members, in a move aimed at accelerating its push to reshuffle a world order it sees as outdated. 


Pakistan Railways says 40% restoration work completed on Balochistan bridge targeted by militants

Updated 18 September 2024
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Pakistan Railways says 40% restoration work completed on Balochistan bridge targeted by militants

  • Track connecting Balochistan to other parts of country was targeted by militants on Aug. 26
  • Train operations expected to resume by October 15, says railways spokesperson

ISLAMABAD: The Pakistan Railways has completed 40% of the restoration work on a bridge damaged in a militant attack in the southwestern Balochistan province last month, state-run media reported on Wednesday, saying that train operations are set to resume by Oct. 15.

The bridge, located in the Bolan area of the Kachi district in Balochistan, was destroyed in one of multiple militant attacks on Aug. 26. 

Pakistan Railways suspended train operations via the bridge, which connects the militancy-hit province to other parts of the country.

“The Pakistan Railways has successfully completed 40 percent of the restoration work on a bridge damaged by terrorism in Quetta, Balochistan,” the Associated Press of Pakistan said on Wednesday. “The spokesperson assured that the bridge would be ready for train operations by October 15.”

He said the rail connection between Balochistan and other parts of the country via the bridge would be restored once the railways receive security clearance. 

Balochistan, which borders Iran and Afghanistan and is home to major China-led projects such as a strategic port and a gold and copper mine, has been the site of a decades-long separatist insurgency, with ethnic Baloch militants saying they are fighting what they see as the unfair exploitation of the province’s mineral and gas wealth by the federation. The Pakistani state denies the allegations and says it is working to uplift the impoverished province through various development schemes. 

The province is also currently in the grips of civil rights protests by Baloch people who are calling for an end to what they describe as a pattern of enforced disappearances and human rights abuses by security forces, which deny the charge.


Pakistan to organize ‘Seerat Festival’ this week to pay tribute to Prophet Muhammad

Updated 18 September 2024
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Pakistan to organize ‘Seerat Festival’ this week to pay tribute to Prophet Muhammad

  • Three-day festival to take place in Islamabad’s National Skills University from Sept. 20-22
  • Festival to feature research papers by scholars, documentary screenings on Prophet Muhammad’s life

ISLAMABAD: Pakistan will organize a three-day “Seerat Festival” from Sept. 20-22 in Islamabad to pay tribute to Prophet Muhammad (peace be upon him) and highlight valuable lessons from his life, a government authority said on Wednesday. 

The National Rahmatul-lil-Alameen Wa Khatamun Nabiyyin Authority (NRKNA), an ideological government institution that aims to promote research on Prophet Muhammad’s life for the betterment of society, will organize the festival. 

The NRKNA said the theme for the festival, which will take place in the Islamic month of Rabi Al-Awwal when Prophet Muhammad was born, is titled: ‘Searching for World Peace: In the Light of the Prophet’s Teachings.’ 

“The festival, organized by the Rahmat Lal Alamin wa Khatam-ul-Nabieen Authority, will feature over sixty research papers presented by scholars from both Pakistan and abroad,” the NRKNA said in a statement. 

“Special sessions dedicated to children, women, and minorities will also be included in the festival agenda.”

NRKNA Chairman Khurshid Nadeem told reporters during a press conference that the festival, which would be held in Islamabad’s National Skills University, would “transform the atmosphere of the capital.”

“The international conference, ‘Searching for World Peace: In the Light of the Prophet’s Teachings,’ will bring scholars from around the world to explore various aspects of the Prophet’s biography,” Nadeem told reporters during a press conference. 

“Our aim is to promote scholarly engagement with the teachings of the Prophet Muhammad.”

Pakistani publishers will offer discounts of up to 50 percent on biographical books, the NRKNA said, adding that the festival will also showcase Islamic art and culture through a calligraphy exhibition. 

“Additionally, poetry readings and documentary screenings will highlight the life and teachings of the Holy Prophet, aiming to convey messages of moral integrity based on Qur’anic verses and prophetic sayings,” it said. 


Pakistan police arrest key suspect in gang rape of woman polio worker

Updated 18 September 2024
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Pakistan police arrest key suspect in gang rape of woman polio worker

  • Three men assaulted woman polio worker during last week’s vaccination campaign in Jacobabad district
  • Anti-polio campaigns in Pakistan are regularly marred by violence by militant groups opposed to them 

MULTAN, Pakistan: Pakistani police arrested the key suspect in the gang rape of a woman polio worker who was assaulted by three men during last week’s vaccination campaign, officials said Wednesday. Two other suspects are still at large.

The assault on Thursday in Jacobabad, a district in the southern Sindh province, was one in a spate of attacks targeting polio vaccination teams going door to door in the campaign across Pakistan.

The woman who was attacked had alerted the authorities, saying she was raped by three men after going into a house in Jacobabad to administer polio drops to the children there, local police official Mohammad Saifal said.

The suspect, identified as Ahmad Jakhrani, was arrested overnight, Saifal added.

Police are still seeking the arrest of the two other men, accused of taking turns to assault the woman, Saifal said. A local police chief was fired for negligence following the attack, for failing to provide the polio worker with adequate security.

The attack shocked many Pakistanis as such sexual assaults are rare, though women polio workers have complained of harassment in the past during the campaigns. The provincial government in Sindh has said it would fully investigate the case.

Police also detained the husband of the attacked woman for kicking her out of their home and threatening to kill her after the assault over allegedly tarnishing the family’s honor by being raped.

So-called honor killings, in which women and girls are slain by their own relatives for allegedly dishonoring the family’s reputation, are still common in Pakistan.

Saifal also said police have been deployed to the house where the woman was now staying with her relatives for her protection.

Anti-polio campaigns in Pakistan are regularly marred by violence. Militants often target polio vaccination teams and police assigned to protect them, falsely claiming that the campaigns are a Western conspiracy to sterilize children.

Since January, Pakistan has reported 17 new cases of polio, jeopardizing decades of efforts to eliminate the potentially fatal, paralyzing disease from the country. Polio often strikes children under age 5 and typically spreads through contaminated water.

Pakistan and Afghanistan are the only countries in which the spread of polio has never been stopped. Pakistan’s government is planning another polio vaccination drive in October.