Pakistani PM discusses bilateral ties, economic plans with Saudi crown prince in Riyadh 

Pakistani PM discusses bilateral ties, economic plans with Saudi crown prince in Riyadh 
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Prime Minister Shehbaz Sharif meets with Saudi Crown Prince Mohammed bin Salman on the sidelines of the Future Investment Initiative summit in Riyadh on October 29, 2024. (PMO)
Pakistani PM discusses bilateral ties, economic plans with Saudi crown prince in Riyadh 
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Prime Minister Shehbaz Sharif speaking at the Future Investment Initiative (FII) summit in the Saudi capital of Riyadh on October 29, 2024. (Photo courtesy: Shehbaz Sharif/ X)
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Updated 30 October 2024
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Pakistani PM discusses bilateral ties, economic plans with Saudi crown prince in Riyadh 

Pakistani PM discusses bilateral ties, economic plans with Saudi crown prince in Riyadh 
  • Shehbaz Sharif arrived in Riyadh on Tuesday, weeks after Pakistan signed $2 billion deals with Saudi businesses
  • Saudi crown prince this year reaffirmed commitment to expediting $5 billion investment package for cash-strapped Pakistan

ISLAMABAD: Pakistani Prime Minister Shehbaz Sharif on Tuesday met Saudi Crown Prince Mohammed bin Salman in Riyadh and discussed ongoing bilateral engagements and Pakistan’s future economic plans, Sharif’s office said in a statement. 

The meeting took place on the sidelines of the eighth edition of the two-day Future Investment Initiative (FII) summit for which global business, technology and financial leaders have converged in the Saudi capital, looking for opportunities to forge relations with some of Saudi Arabia’s biggest companies and its $925 billion sovereign wealth fund.

Sharif arrived in Riyadh on Tuesday for a visit that comes after one to Islamabad by Saudi Investment Minister Khalid bin Abdulaziz Al-Falih, during which over $2 billion in agreements and memorandums of understanding (MoUs) were signed between Saudi and Pakistani businesses. 

“The two leaders took stock of the ongoing bilateral engagements, especially in follow up to the decisions taken in previous high-level meetings held in Makkah and Riyadh in April 2024,” Sharif’s office said in a statement after his meeting with the Saudi crown prince. 

In April this year, after PM Sharif met the crown prince in Makkah Al-Mukarramah, Saudi Arabia reaffirmed its commitment to expedite a $5 billion investment package for Pakistan.

At Tuesday’s meeting, Sharif apprised the crown prince of Pakistan’s economic, institutional and policy reforms agenda, saying that the Kingdom had a “central role” to play in Pakistan’s “future economic plans.” He also appreciated the Kingdom’s efforts to promote regional peace and stability in the Middle East and reiterated Pakistan’s commitment to stand by Saudi Arabia in such efforts.

“The two leaders exchanged views on regional developments and agreed to closely coordinate positions on regional issues,” Sharif’s office said.

’PARTNERSHIPS IN AI, EDUCATION, HEALTH’

Prior to his meeting with the Saudi top leader, Sharif attended the FII summit in Riyadh where he said his government was looking to form partnerships with Saudi and other global companies in the realms of artificial intelligence (AI), education and health.

“Pakistan is laying the foundation for a knowledge-based economy driven by innovation in three pivotal domains, artificial intelligence, education and health, in which we look forward to forging useful partnerships,” Sharif said during his address at the summit, which is focusing on global investments in AI, robotics, education, energy, space, finance, health care and sustainability. 

“Our mission is clear, and it is to encourage young minds to redefine the boundaries of AI, training skilled engineers and data scientists as the backbone of Pakistan’s AI growth and equipping our workforce to harness the power of AI across industries.”

The prime minister said Pakistan had more than 275,000 registered doctors, with the country’s youth pioneering new health tech solutions. 

“With advancements in health care standards, we envision a future where our doctors and scientists collaborate across borders for a healthier tomorrow,” Sharif added as he invited participating nations to invest in Pakistan and bring their expertise to the South Asian country as it built a future “rooted in resilience and shared prosperity.”

“Pakistan stands ready to join those countries who dare to dream big,” Sharif said. 

The Pakistani PM’s visit takes place at a time when Islamabad is seeking to strengthen trade and investment ties with friendly nations, particularly the Kingdom, which has promised a $5 billion investment package that cash-strapped Pakistan desperately needs to shore up its dwindling foreign reserves and fight a chronic balance of payment crisis.

 


Pakistan fertility rate declines from 6 live births in 1994 to 3.6 in 2024 — UN

Pakistan fertility rate declines from 6 live births in 1994 to 3.6 in 2024 — UN
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Pakistan fertility rate declines from 6 live births in 1994 to 3.6 in 2024 — UN

Pakistan fertility rate declines from 6 live births in 1994 to 3.6 in 2024 — UN
  • World Fertility Report says number of live births in Pakistan will decline further to 2.50 in 2054
  • Pakistan’s population is over 241 million, making it sixth most populous country in the world 

ISLAMABAD: Pakistan’s fertility rate has seen a decline from six live births per woman in 1994 to 3.6 per woman in 2024, the United Nations World Fertility Report 2024 said.

Pakistan launched its first population control program in the 1950s but has lagged far behind other countries in effectively implementing or developing its understanding of population control. In 1947, at the time of the country’s inception, Pakistan’s population was 31 million, which reached 241 million as per the 2023 census. 

Pakistan has implemented various measures to control its population in recent years, including family planning programs, contraceptive distribution and educational campaigns in rural areas. The government has also collaborated with international organizations like the UN Population Fund and prioritized population control by allocating more funds to welfare programs. 

However, challenges remain due to cultural and religious barriers, lack of education and gender inequality. According to UN projections, Pakistan’s population will grow to over 380 million by the year 2050, surpassing the United States, Indonesia, Brazil, and Russia, and making it the world’s third largest country behind India and China.

“Three other country examples … had fertility levels still above six live births per woman in 1994, declining by 2024 to 3.6 in Pakistan, 3.9 in Ethiopia and 4.4 in Nigeria,” the new UN report said, predicting that the number of live births in Pakistan would decline further to 2.50 in 2054. 

For countries such as Pakistan, Ethiopia, the Democratic Republic of the Congo, Egypt and Nigeria, fertility was likely to remain above 2.1 births per woman through 2054, potentially reaching below-replacement fertility later in the century or beyond 2100. Pakistan along with Ethiopia, Congo, Egypt and Nigeria also saw 43 percent of the world’s total births in 2024.

These countries, according to the UN, were in the early or intermediate stage of their fertility transitions “when fertility levels have started to decline but remain above the replacement level through 2054.” 

“Reducing adolescent birth rates through targeted interventions offers profound socioeconomic benefits, that can also further accelerate fertility declines. Reducing growth in the numbers of live births in the future would allow governments and families to allocate resources more efficiently to invest in children and adolescent health and well-being,” the report said. 

“In the lives of individual girls and young women, avoiding very early childbearing might also open opportunities for further education, employment and fulfillment of other life aspirations.”

The UN also called for efforts to end child marriages, improve access to sexual and reproductive health-care services, eliminate gender-based violence, and improve maternal care for young mothers.

“Governments should also strengthen laws and enforcement mechanisms to protect the rights of girls and women including laws to ban child marriage and laws and regulations that guarantee full and equal access to sexual and reproductive health care, information and education.”

Around 1.8 billion people or 22 percent of the global population reside in 63 countries currently undergoing demographic transitions, with fertility rates expected to decline to low levels by 2054, the report said.


Pakistan to deploy army, paramilitary Rangers troops for tri-nation cricket series

Pakistan to deploy army, paramilitary Rangers troops for tri-nation cricket series
Updated 44 min 28 sec ago
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Pakistan to deploy army, paramilitary Rangers troops for tri-nation cricket series

Pakistan to deploy army, paramilitary Rangers troops for tri-nation cricket series
  • Pakistan to host series involving New Zealand, South Africa from Feb. 8-14 in Lahore and Karachi 
  • Imran Khan’s party has announced it will hold nationwide protests on Feb. 8 against alleged rigging

ISLAMABAD: Pakistan’s Interior Ministry on Monday announced that it has authorized the deployment of army and paramilitary Punjab Rangers troops for the security of the South Africa and New Zealand cricket teams ahead of a tri-nation series scheduled to be held this week. 

Pakistan is set to host a tri-nation ODI series from Feb. 8-14 in Lahore and Karachi cities featuring New Zealand and South Africa. The cricket series is being held as preparation for the upcoming eight-nation Champions Trophy tournament, also slated to be held later this month in Pakistan. 

However, former prime minister Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) party has announced it would mark Feb. 8 as a “Black Day” and hold nationwide protests on the one-year anniversary of February 2024 national polls that the PTI alleges were rigged. 

“The Federal Government, in exercise of the powers conferred under Article 245 of the Constitution is pleased to authorize deployment of Pakistan Army and Pakistan Rangers (Punjab) troops under Sections 4 and 5 of the Anti-Terrorism Act, 1997 for security and protection duties to avoid any untoward incident during the visit of New Zealand and South Africa cricket teams to Pakistan,” the interior ministry’s notification said. 

The ministry said that the exact number of troops, assets, date and area of deployment of the army and Rangers troops “will be worked out by the respective provincial governments in consultation with concerned stakeholders” based on the on-ground requirements and assessments. 

“The date of de-requisitioning of said deployment will be decided subsequently after mutual consultation among all stakeholders,” it said. 

The 2024 polls were marred by a countrywide shutdown of cellphone networks and delayed results, leading to widespread allegations of election manipulation by the PTI and other opposition parties. 

The caretaker government and the Election Commission of Pakistan (ECP) denied the allegations. The US House of Representatives, as well as European countries, have called on Islamabad to open a probe into the allegations — a move that Pakistan has thus far rejected.

Pakistan’s Interior Minister Mohsin Naqvi on Saturday urged the PTI to call off its Feb. 8 protests. 

Protests by the PTI, whose founder Khan is in jail since August 2023 on a slew of charges he denies, have resulted in violence in the past. 

The party is accused of leading protests on May 9, 2023, in which government buildings and military installations were attacked nationwide following Khan’s brief detention on corruption charges. Khan and his party have denied involvement in the violence. 

In November last year thousands of Khan protesters assembled in Islamabad to demand his release from prison. The government says four troops were killed in clashes, a charge the PTI denies and says scores of its workers were also killed.
 
Khan’s ouster in a parliamentary no-trust vote in 2022 has plunged Pakistan into a political crisis. His party and the government held talks in December and January to ease political tensions in the country. 

However, the PTI ended negotiations last month, saying the government had failed to honor its demands of establishing judicial commissions to probe the protests of May 9, 2023, and November 2024. 


Pakistan Jan consumer inflation eases to 9-year low

Pakistan Jan consumer inflation eases to 9-year low
Updated 03 February 2025
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Pakistan Jan consumer inflation eases to 9-year low

Pakistan Jan consumer inflation eases to 9-year low
  • Inflation rate fell to 2.4% year-on-year in January, statistics bureau says 
  • Inflation rate is down from a multi-decade high of around 40% in May 2023 

KARACHI: Pakistan’s consumer inflation rate fell to its lowest in more than nine years, dropping to 2.4% year-on-year in January, the statistics bureau said on Monday.

Inflation has cooled significantly, easing from 28.3% in January 2024.

Consumer prices in January rose 0.2% from the month before, according to the Pakistan Bureau of Statistics.

The South Asian country, currently bolstered by a $7 billion facility from the International Monetary Fund (IMF) granted in September, is navigating an economic recovery. The IMF is set to review Pakistan’s progress by March, with the government and central bank expressing confidence about meeting its targets.

“Inflation is lower because of the statistical base effect, also supported by currency stability and lower food and energy prices,” said Adnan Sami Sheikh, assistant vice president of research at Pakistan Kuwait Investment Company.

Pakistan’s central bank cut its benchmark interest rate by 100 basis points to 12% last week, as inflation eases and growth looks set to pick up after 1,000 basis points of rate cuts over the last six months.

The State Bank of Pakistan has slashed rates from an all-time high of 22% last June, one of the most aggressive moves among central banks in emerging markets and exceeding its 625 bps of rate cuts in 2020 during the COVID-19 pandemic.

Pakistan’s consumer inflation rate fell to 4.1% in December, its lowest in more than six years, helped by favorable base effects. That was below the government’s forecast and down from a multi-decade high of around 40% in May 2023.

After the policy rate decision, central bank Governor Jameel Ahmad told a press conference that inflation would ease further in January but noted core inflation remained elevated.

He forecast full-year inflation in the year to June would average 5.5%-7.5%. 


Pakistan police officer killed as polio vaccination drive starts — police

Pakistan police officer killed as polio vaccination drive starts — police
Updated 03 February 2025
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Pakistan police officer killed as polio vaccination drive starts — police

Pakistan police officer killed as polio vaccination drive starts — police
  • Two motorcycle riders opened fire on police officer in northwestern Jamrud town, say police
  • Pakistan launched this year’s first nationwide immunization effort today after 73 cases in 2024 

PESHAWAR, Pakistan: A Pakistan police officer traveling to guard polio vaccinators was shot dead Monday, police said, on the first day of a nationwide immunization effort after a year of rising cases.

The officer was traveling to guard polio vaccinators in the area of Jamrud town in northwestern Khyber Pakhtunkhwa province when he was killed, local police official Zarmat Khan told AFP.

“Two motorcycle riders opened fire on him,” he said. “The constable died instantly at the scene.”

Pakistan and neighboring Afghanistan are the only countries where polio is endemic and militants have for decades targeted vaccination teams and their security escorts.

Pakistan recorded at least 73 polio infections last year compared to six in 2023. The vaccination campaign which started on Monday is the first of the year and is due to last a week.

“Despite the incident, the polio vaccination drive in the area remains ongoing,” Khan said.

Abdul Hameed Afridi, another senior police official in the area, also confirmed details of the attack and said officers have “launched an investigation.”

No group immediately claimed responsibility for the attack, however Khyber Pakhtunkhwa — which neighbors Afghanistan — is a hive of militant activity.

The Pakistani Taliban are the most active group in the area.

Polio can easily be prevented by the oral administration of a few drops of vaccine, but scores of vaccination workers and their escorts have been killed over the years.

In the past, clerics falsely claimed that the vaccine contained pork or alcohol, declaring it forbidden for Muslims.

In more recent years the attacks have focused on vulnerable police escorts accompanying the vaccinators as they go door-to-door.

Last year, dozens of Pakistani policemen who accompany medical teams on campaigns went on strike after a string of militant attacks targeting them.

Pakistan has witnessed rising militant attacks since the Taliban returned to power in neighboring Afghanistan.

More than 1,600 people were killed in attacks in 2024 — the deadliest year in almost a decade — according to the Center for Research and Security Studies, an Islamabad-based analysis group.

Islamabad accuses Kabul’s new rulers of failing to rout militants organizing on Afghan soil, a charge the Taliban government routinely denies.

Pakistan’s Prime Minister Shehbaz Sharif said Sunday last year’s polio eradication efforts faced “a major setback.”

“We must eradicate polio from Pakistan at any cost,” he said as he launched the new vaccination drive.


Lawyers in Pakistan’s capital strike to protest ‘unfair’ transfer of judges

Lawyers in Pakistan’s capital strike to protest ‘unfair’ transfer of judges
Updated 03 February 2025
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Lawyers in Pakistan’s capital strike to protest ‘unfair’ transfer of judges

Lawyers in Pakistan’s capital strike to protest ‘unfair’ transfer of judges
  • Lawyers in Pakistan’s capital strike to protest ‘unfair’ transfer of judges
  • Lawyers reject president’s move, say transfer “unfair” and affects seniority of other Islamabad High Court judges 

ISLAMABAD: Lawyers associated with the capital’s bar associations and councils have gone on strike today, Monday, to protest against the president’s move to transfer three judges from different high courts to the Islamabad High Court (IHC). 

President Asif Ali Zardari on Saturday approved the transfers of Justice Sardar Muhammad Sarfraz Dogar from the Lahore High Court, the Sindh High Court’s Justice Khadim Hussain Soomro and Balochistan High Court’s Justice Muhammad Asif to the IHC, invoking anger from the capital city’s district and high court bar associations. 

Zardari went ahead with the transfers despite opposition from five of 10 IHC judges. In a letter addressed to the chief justices of the Supreme Court and high courts on Friday, the judges said the decision was unfair to the existing senior judges of the IHC.

They also cited speculation and news reports that the government wanted to appoint Justice Dogar as the IHC’s chief justice, saying that it would be a “fraud on the constitution.”

“This decision is unfair to the judges serving in the IHC as it clearly affects their seniority,” Asad Manzoor Butt, president of the Lahore High Court Bar Association, told Arab News. 

Butt supported the Islamabad High Court Bar Association’s call for notification of the judges’ transfer to be canceled. 

“We will travel to Islamabad to consult with the Bar leadership and extend our support to them,” he said. 

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.

The Islamabad Bar Council (IBC) said on Sunday that the capital city’s lawyer bodies will pursue all legal and constitutional avenues to challenge the move and safeguard the “judicial independence of Islamabad.”

It said an All-Pakistan Lawyers’ Convention will be held under the IBC on Monday to formulate a future strategy to challenge the transfers.