Saudi Arabia top contributor as Pakistan worker remittances grow 29% year-on-year

Saudi Arabia top contributor as Pakistan worker remittances grow 29% year-on-year
A man walks past a currency exchange shop in Rawalpindi on June 12, 2024. (AFP/File)
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Updated 09 October 2024
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Saudi Arabia top contributor as Pakistan worker remittances grow 29% year-on-year

Saudi Arabia top contributor as Pakistan worker remittances grow 29% year-on-year
  • Highest inflow of $681.3 million was recorded from Saudi Arabia, followed by UAE, UK, US
  • Remittances bring billions of dollars annually from overseas Pakistanis and are vital to economy

KARACHI: Pakistan recorded year-on-year growth of 29 percent in workers’ remittances with inflows of $2.8 billion in September, the central bank said on Wednesday, with the highest contributions from Saudi Arabia and the United Arab Emirates. 
Remittances bring billions of dollars annually from overseas Pakistanis and are vital to Pakistan’s struggling economy. These inflows bolster foreign exchange reserves, stabilize the balance of payments, and support the Pakistani currency. 
“Remittances inflows during September 2024 were mainly sourced from Saudi Arabia ($681.3 million), United Arab Emirates ($560.3 million), United Kingdom ($423.6 million) and United States of America ($274.9 million),” the central bank said.
In the first quarter of the fiscal year 2025 (Q1-FY25), Pakistan received $8.8 billion in remittances, representing a significant growth of 38.8 percent compared to the same quarter last year (Q1-FY24), central bank data showed. 
The State Bank of Pakistan (SBP) on Tuesday announced a three-time increase in monetary incentives for exchange companies to bring more remittances into the country. 
The bank increased incentives to Rs4 per US dollar for exchange companies on home remittances effective Oct. 1. According to the circular, ECs will be paid on a fixed component with a base rate of Rs2 for each US dollar of home remittances surrendered to SBP-designated banks. On the variable component, ECs will be paid Rs3 for each incremental US dollar surrendered to encourage growth in home remittances up to 5 percent or $25 million (whichever is lower) than the previous year. Further, Rs4 per US dollar will be paid against incremental remittances above 5 percent or over $25m, compared to the previous year.


Imran Khan calls off talks with Pakistan government over deadlock on judicial commissions

Imran Khan calls off talks with Pakistan government over deadlock on judicial commissions
Updated 6 sec ago
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Imran Khan calls off talks with Pakistan government over deadlock on judicial commissions

Imran Khan calls off talks with Pakistan government over deadlock on judicial commissions
  • First round of talks aimed at cooling political instability took place on Dec. 23 with two follow up sessions on Jan. 2 and 16
  • At last round of talks, PTI gave government seven days to announce judicial commissions into May 2023 and Nov. 2024 protests

ISLAMABAD: Jailed former prime minister Imran Khan has called off negotiations with the government over its failure to establish judicial commissions to investigate violence at anti-government protests organized by his Pakistan Tehreek-e-Insaf (PTI), party chairman Gohar Khan said on Thursday.
Negotiations started last month with the aim of cooling political temperatures in the South Asian nation and three rounds have been held so far. 
The PTI’s demands to the government revolve around the release of all political prisoners including Khan, and the formation of two judicial commissions to probe into violent protest rallies, including one on May 9 , 2023, when PTI supporters rampaged through military offices and installations, and a second one on Nov. 26, 2024 to demand Khan’s release, in which the government says four troops were killed. At the last meeting on Jan. 16, the PTI had given the government seven days to announce the truth commissions, a deadline that expired today, Thursday. 
A Pakistani court last week sentenced Khan to 14 years in prison in a land corruption case, a setback to the nascent talks’ process.
“We [PTI] had given the government time of seven days [to form commissions],” Gohar told reporters outside the Adiala Jail in Rawalpindi where Khan has been incarcerated since 2023. 
“Khan had made it clear that if the formation of the commissions is not announced during this time, then further rounds of talks will not continue … It is sad that the government did not announce anything till today. Hence Khan has called off the negotiations.”
Irfan Siddiqui, the spokesperson for the government’s negotiation committee, said on Wednesday the government would respond to the PTI party’s written demands on Jan. 28.
The talks opened last month as Khan had threatened a civil disobedience movement and amid growing concerns he could face trial by a military court for allegedly inciting attacks on sensitive security installations during the May 9 protests.
Khan’s first arrest in May 2023 in the land graft case in which he was sentenced last week sparked countrywide protests that saw his supporters attack and ransack military installations in an unprecedented backlash against Pakistan’s powerful army generals. Although Khan was released days later, he was rearrested in August that year after being convicted in a corruption case. He remains in prison and says all cases against him are politically motivated.
Protests demanding Khan’s release in November also turned violent, with the PTI saying 12 supporters were killed while the state said four troops had died.


Pakistan holds first training session for Hajj 2025 pilgrims

Pakistan holds first training session for Hajj 2025 pilgrims
Updated 15 min 18 sec ago
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Pakistan holds first training session for Hajj 2025 pilgrims

Pakistan holds first training session for Hajj 2025 pilgrims
  • Around 500 selected pilgrims from the Pakistani capital, suburban areas attended the training workshop
  • The first phase of pilgrim training sessions will continue across the country till February 27, ministry says

ISLAMABAD: Pakistan’s religious affairs ministry has held its first training session in Islamabad for pilgrims selected for this year’s Hajj pilgrimage, it said on Thursday.
Around 500 selected pilgrims from the federal capital and its suburban areas attended the training workshop, who were briefed on administrative matters and Hajj rituals.
Hajj pilgrims are being provided training through audio-visual devices and other materials, according to the Pakistani religious affairs ministry.
“The first phase of training will continue across the country till February 27,” the ministry said. “The second phase of training will start after Ramadan.”
The development comes days after Pakistan began training of pilgrims, with the first session in the northwestern city of Peshawar.
Pakistan and Saudi Arabia this month signed the Hajj agreement 2025, under which 179,210 pilgrims from the South Asian country will perform the annual pilgrimage this year. The quota is divided equally between government and private schemes.
Pakistan’s latest Hajj policy has allowed pilgrims to make payments in installments for the first time. Under this scheme, the first installment of Rs200,000 ($717) had to be submitted with the application, the second installment of Rs400,000 ($1,435) within 10 days of balloting and the remaining amount by Feb. 10 this year.
The Pakistani religious affairs ministry has also launched the Pak Hajj 2025 mobile application, available for both Android and iPhone users, to guide pilgrims.
Additionally, the government has announced a reduction in airfare, lowering ticket prices for federal program pilgrims to Rs220,000 [$785.41], down from last year’s Rs234,000 [$835.39].
The Pakistan International Airlines, Saudi Airlines, and private carriers have agreed to transport pilgrims this year.


Pakistan lawmakers seek Musk apology before Starlink approval

Pakistan lawmakers seek Musk apology before Starlink approval
Updated 23 January 2025
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Pakistan lawmakers seek Musk apology before Starlink approval

Pakistan lawmakers seek Musk apology before Starlink approval
  • Musk’s Starlink satellite Internet service has applied for a license to operate in Pakistan, but is awaiting clearance before users will be allowed to log on
  • ‘Several senators denounced’ Musk’s ‘anti-Pakistani propaganda’ in recent comments he made on social media platform X, says Senate committee chair

Islamabad: Pakistan senators are demanding an apology from billionaire Elon Musk, a lawmaker told AFP on Thursday, accusing him of “anti-Pakistan propaganda” as he seeks regulatory approval for his Starlink service in the country.
Musk’s Starlink satellite Internet service has applied for a license to operate in Pakistan but is awaiting clearance before users will be allowed to log on.
A senate committee on information technology and telecommunications met Wednesday to hear updates from officials assessing his application.
But committee chair Palwasha Mohammad Zai Khan told AFP “several senators denounced” Musk’s “anti-Pakistani propaganda” in recent comments he made on his social media platform X.
Musk has repeatedly highlighted claims that men of Pakistani origin were responsible for a spate of historic rape cases targeting mostly white girls in England.
“It was said that approval should be given on condition of his apology,” Khan told AFP.
“We are not saying it should be a pre-condition but it was a part of the discussion and we can only give our recommendations to the government,” she added.
Musk began launching attacks against the UK government this month after it resisted calls for a national inquiry into the historic abuse cases.
In Rotherham, a town of 265,000 inhabitants, a gang drugged, raped and sexually exploited at least 1,400 girls over a 16-year period from 1997, a public inquiry concluded in 2014.
A series of court cases eventually led to the conviction of dozens of men, mostly of South Asian origin. The victims were vulnerable, mostly white, girls.
An Indian lawmaker made a post on 8 January saying: “They aren’t ASIAN Grooming Gangs but PAKISTANI grooming gangs. Why should Asians take the fall for one absolute rogue nation?“
Musk commented with a message saying: “True.”
The historic abuse cases regularly prompt debate in the UK, where some claim they are used to enflame Islamaphobia while others say they are being quashed to prevent debate.
Whilst Musk’s electric vehicle and space ventures made him a billionaire, he has recently emerged as a political figure affiliated with newly inaugurated President Donald Trump.
Trump has tasked Musk, the world’s richest man, with slashing billions of dollars of federal government spending as head of a new “Department of Government Efficiency.”


Pakistan minister discusses Afghanistan situation, regional peace in meeting with US congressmen

Pakistan minister discusses Afghanistan situation, regional peace in meeting with US congressmen
Updated 27 min 29 sec ago
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Pakistan minister discusses Afghanistan situation, regional peace in meeting with US congressmen

Pakistan minister discusses Afghanistan situation, regional peace in meeting with US congressmen
  • Development comes amid Pakistan’s strained ties with Afghanistan over surge in militant attacks
  • US withdrawal from Afghanistan marked significant shift in regional dynamics and Pak-US relations

ISLAMABAD: Pakistan’s Interior Minister Mohsin Naqvi has discussed the situation in Afghanistan and peace in South Asia region in a meeting with United States (US) Congressmen Joe Wilson and Rob Bresnahan in Washington, the Pakistani government’s information wing said on Thursday.
The development comes amid Pakistan’s strained relations with Afghanistan over a surge in militant attacks that Islamabad has blamed on militant groups operating out of Afghanistan. Afghanistan denies the allegation.
Most of these attacks have been claimed by the Pakistani Taliban, a militant group that Pakistan believes to be an ally of the Afghan Taliban rulers and says has been emboldened since the US withdrawal from Afghanistan in Aug. 2021.
Naqvi, who is currently on a visit to the US, held separate meetings with both Republican congressmen in Washington, according to the Press Information Department (PID) in Islamabad.
“They exchanged views on matters of mutual interest, promotion of Pakistan-US relations, and establishment of lasting peace in the region, particularly the situation in Afghanistan,” the PID said in a statement.

Pakistan’s Interior Minister Mohsin Naqvi (second right) meets United States Congressman Rob Bresnahan in Washington, US, on January 22, 2025. (PID)

During the meetings, both sides highlighted the importance of boosting trade and cultural exchanges to strengthen US-Pakistan relations.
Relations between the US and Pakistan have also seen significant ups and downs in recent years. The countries collaborated during the Cold War and in the fight against Al-Qaeda after 9/11.
However, ties between Washington and Islamabad deteriorated as the former suspected the latter of supporting the Taliban in their 2021 takeover of Kabul, allegations which Islamabad rejected.
Tensions rose further in 2022 when former Pakistan premier Imran Khan accused the Biden administration of orchestrating his ouster via a parliamentary vote, a charge the US denied, and more recently over Pakistan’s missile program.
During the meetings, Naqvi described the US as a “strategic partner” of Pakistan, and hoped that President Donald Trump’s second term would bring new dimensions to Pakistan-US relations
“Both sides explored ways to enhance cooperation in various fields,” the PID added.


Opposition says Pakistani government seeking sweeping controls on social media

Opposition says Pakistani government seeking sweeping controls on social media
Updated 23 January 2025
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Opposition says Pakistani government seeking sweeping controls on social media

Opposition says Pakistani government seeking sweeping controls on social media
  • The Prevention of Electronic Crimes Act would create an agency with the power to order ‘unlawful and offensive content’ blocked, to ban individuals and organizations from social media
  • Social media platforms would be required to register with the new Social Media Protection and Regulatory Authority, and those failing to comply with the amended law could face bans

ISLAMABAD: Pakistan’s opposition said Thursday the government is seeking to further suppress freedom of speech a day after it proposed sweeping controls on social media that could include blocking platforms and sending users to prison for spreading disinformation.
The Prevention of Electronic Crimes Act, introduced in the National Assembly by Law Minister Azam Nazeer Tarar on Wednesday, would create an agency with the power to order “unlawful and offensive content” blocked from social media and to ban individuals and organizations from social media
Social media platforms would be required to register with the new Social Media Protection and Regulatory Authority, and those failing to comply with the law could face temporary or permanent bans.
The law also makes spreading disinformation a criminal offense, punishable by three years in prison and a fine of 2 million rupees ($7,150).
The move comes nearly a year after Pakistan blocked the X platform ahead of an election that the opposition party of imprisoned former Prime Minister Imran Khan says was rigged. X is still blocked in the country, although many people use virtual private networks to access it, like in other countries with tight Internet controls.
Khan has a huge following on social media, especially X, where supporters frequently circulate demands for his release. Khan has been behind bars since 2023, when he was arrested for graft. Khan’s party also uses social media to organize demonstrations.
The leader of the opposition denounced the proposed legislation, saying it was aimed at further suppressing freedom of speech. Omar Ayub Khan, who is not related to the imprisoned former premier, said the bill could “lay a foundation for the suppression of voices advocating for constitutional rights”.
The new agency would be able to order the immediate blocking of unlawful content targeting judges, the armed forces, parliament or provincial assemblies. The law also forbids uploading remarks from parliament that have been struck from the record.
Pakistani media has faced growing censorship in recent years. Journalists have said they face state pressure to avoid using Imran Khan’s name, and most TV stations have begun referring to him only as the “founder of the PTI” party.
Human rights defenders and journalists’ unions have vowed to oppose the law, but with the government holding a majority, its passage is all but assured.
Afzal Butt, president of the Federal Union of Journalists, said the law was an attempt to suppress the media, social media and journalists.
The government says the law is necessary to limit the spread of disinformation.