Pakistan says China to resume construction of Dasu dam 'soon', blast probe ongoing

Truss bridge being constructed under Dasu Hydropower Project near Dasu Town, Khyber Pakhtunkhwa, Pakistan, on November 22, 2018. (Photo courtesy: @Dasu_HPP/Twitter/File)
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Updated 02 August 2021
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Pakistan says China to resume construction of Dasu dam 'soon', blast probe ongoing

  • Nine Chinese workers employed at Dasu hydroelectric project were killed in bus attack in northwestern Pakistan on Wednesday
  • Chinese team visited site of the blast on Saturday, blast led to media speculation China had canceled contract to build dam project

ISLAMABAD: Pakistan’s foreign ministry spokesperson, Zahid Hafeez Chaudhri, said on Sunday construction of the Dasu Hydropower Project would resume “soon,” reiterating that Pakistan and China were committed to the timely completion of all projects being built in Pakistan with Chinese cooperation.

Nine Chinese workers employed at the Dasu project were killed in a bus attack in northwestern Pakistan on Wednesday. The project is part of the China-Pakistan Economic Corridor (CPEC), a $65 billion investment plan aiming to link western China to the southern Pakistani port of Gwadar.

Beijing had initially called it a bomb attack but backed away from the assertion after Pakistan stated it was an accident. Later Beijing said it would send a team to help investigate the matter jointly with Pakistan. A Chinese team visited the site of the attack on Saturday.

The attack led to speculation on social media that China had cancelled its contract to build the Dasu project.

“The Chinese construction company, China Gezhouba Group Corporation (CGGC) through its latest notification has declared its earlier notice, about contract termination of employment of Pakistani personnel working on Dasu Hydropower Project, null and void,” the foreign office spokesperson said. 

“Matters regarding security and execution of the project are being looked into, and the relevant authorities from Pakistan and China are in close contact on the same,” Chaudhri added. “The construction of the project will be resumed soon.”

Chinese Premier Li Keqiang has urged his Pakistani counterpart Imran Khan to hold accountable the culprits for what he described as a "terrorist attack."

“The Chinese have taken it very seriously and sent a large contingent of trained investigators to find out the nature of the blast and reach the culprits," a government official closely monitoring the situation told Reuters on Saturday, adding that Pakistani police, counterterrorism officials and army were collectively involved in the investigation.

The blast in Dasu occurred when a bus came under attack while it was on its way to the under-construction dam site in the area. Thirteen people in total were killed. 


Pakistan’s deputy PM calls for arms embargo on Israel

Updated 11 June 2024
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Pakistan’s deputy PM calls for arms embargo on Israel

  • Deputy PM Dar is in Jordan to attend Gaza conference jointly organized by Jordan, Egypt and UN 
  • Dar meets UN chief António Guterres on sidelines of conference to demand immediate ceasefire

ISLAMABAD: Pakistan’s Deputy Prime Minister Ishaq Dar on Tuesday called for an embargo on military supplies to Israel, state-run media reported, criticizing the Jewish state for killing over 37,000 Palestinians since October 2023. 

Dar is in Jordan for the ‘Call for Action: Urgent Humanitarian Response for Gaza’ conference jointly organized by Jordanian King Abdullah II, Egyptian President Abdel Fattah El-Sisi and UN Secretary-General Antonio Guterres.

“Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar on Tuesday called for an embargo on all the military supplies and sales to Israel, besides proposing to consider the deployment of an impartial international force for the protection of Palestinian civilians in Gaza and the West Bank,” the state-run Associated Press of Pakistan (APP) reported. 

Dar called for an immediate ceasefire in Palestine and the withdrawal of Israeli troops from Palestinian areas in a statement at the conference. He called on world powers to play their part and halt the violence in the West Bank and step up the provision of humanitarian assistance for Palestinians in Gaza. 

“We strongly oppose any demographic or territorial change in Gaza,” Dar was quoted as saying by the APP. “In this context, and as an important step, it is time to secure the immediate admission of the State of Palestine as a full member of the United Nations.”

He criticized Israel for its utter disregard for international law, the UN Charter and the collective will of the international community. 

“Starvation has been employed as a tool of warfare. Humanitarian supplies and life-saving assistance have been impeded,” he said. 

“Civilian infrastructure, homes, schools, hospitals, aid convoys, and humanitarian shelters have been willfully targeted and destroyed.”

UNSC BACKS CEASEFIRE PROPOSAL

Earlier on Tuesday, Dar met United Nations head António Guterres and commended his leadership and proactive role in raising concerns over the war in Gaza on the international stage.

The United Nations Security Council on Monday backed a proposal outlined by US President Joe Biden for a ceasefire between Israel and Hamas in the Gaza Strip and urged the Palestinian group to accept the deal aimed at ending the eight-month-long war.

Hamas welcomed the adoption of the US-drafted resolution and said in a statement that it was ready to cooperate with mediators over implementing the principles of the plan “that are consistent with the demands of our people and resistance.”

Russia abstained from the UN vote, while the remaining 14 Security Council members voted in favor of the resolution supporting a three-phase ceasefire plan laid out by Biden on May 31 that he described as an Israeli initiative. 

The resolution welcomes the new ceasefire proposal, states that Israel has accepted it, calls on Hamas to agree to it and “urges both parties to fully implement its terms without delay and without condition.”


Tajikistan thrash Pakistan 3-0 in FIFA World Cup qualifier 

Updated 11 June 2024
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Tajikistan thrash Pakistan 3-0 in FIFA World Cup qualifier 

  • Flight delays meant Pakistan’s football team reached Dushanbe hours before kick off
  • Mabateshoev Shervoni, Safarov Manuche and Vahdat Hanonov score for Tajikistan

ISLAMABAD: Tajikistan beat Pakistan 3-0 when the two sides met in the second round of the FIFA football World Cup qualifiers in Dushanbe on Tuesday, putting an end to a disappointing campaign by the green shirts. 

The South Asian team lost to the Saudi football team 4-0 in the first leg of the qualifying matches when they faced off in Al Ahsa in November 2023. Later, Pakistan suffered another setback in round one of the qualifiers when they lost 6-1 to Tajikistan in Islamabad days after losing to Saudi Arabia. 

On June 6, Saudi Arabia beat Pakistan 3-0 at the Jinnah Football Stadium in Islamabad in second round of the qualifiers. 

“Tajikistan has defeated Pakistan 3-0 in Pakistan’s last away match,” the PFF said in a statement. 

Tajik footballer Mabateshoev Shervoni drew first blood in the 35th minute of the match when he netted a goal. Safarov Manuche made it 2-0 for Tajikistan in the 65th minute before Vahdat Hanonov made all chances of a Pakistan comeback futile in the 70th minute by netting a third. 

Pakistan are bottom-placed in Group G of the FIFA World Cup qualifiers and already out of the race to qualify for the third round of the FIFA World Cup qualifying matches after losing four matches on the trot.

Apart from Saudi Arabia, the other two teams with Pakistan in Group G are Jordan and Tajikistan. In the second round of the qualifiers, a total of 36 football squads have been split into nine groups with four teams each. The winners and runners-up from each group would go through to the third round.

Pakistan’s football team arrived in Tajikistan via a special air force flight on Tuesday afternoon due to flight delays, hours before the match was due to begin. 

The team’s earlier scheduled flight for Tajikistan was halted “due to technical issues,” the Pakistan Football Federation (PFF) had said on Monday.

Pakistan squad:

Goalkeepers: Yousuf Butt (D), Saqib Hanif and Hassan Ali

Defenders: Abdullah Iqbal (D), Mohammad Fazal (D), Haseeb Khan, Rao Omer Hayat, Mamoon Moosa, Mohammad Saddam, Waqar Ihtisham, Moin Ahmed and Abdul Rehman

Midfielders: Rahis Nabi (D), Otis Khan (D), Ali Uzair, Umair Ali, Toqeer ul Hassan, Alamgir Ghazi and Ali Zafar

Forwards: Imran Kayani (D), McKeal Abdulah, Fareedulah, Adeel Younas and Shayak Dost


Pakistan registers 2.4 percent growth during fiscal year, economic survey shows

Updated 11 June 2024
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Pakistan registers 2.4 percent growth during fiscal year, economic survey shows

  •  Agriculture sector registers 6.25 percent growth during outgoing fiscal year, economic survey shows
  • Finance Minister Aurangzeb will present Pakistan’s federal budget for FY2024-25 on Wednesday 

ISLAMABAD: Pakistan’s gross domestic product (GDP) recorded a growth of 2.38 percent during the outgoing fiscal year 2023-24, the government’s annual economic survey released on Tuesday showed. 

Finance Minister Muhammad Aurangzeb revealed these statistics as he presented the Pakistan Economic Survey for FY2024, a day before Prime Minister Shehbaz Sharif’s government is scheduled to release the federal budget for FY2024-25 in parliament. 

The survey provides details about the major socioeconomic developments, performances and trends in various sectors of Pakistan’s economy during the outgoing fiscal year. These include agriculture, manufacturing, industry, services, energy, information technology and telecom. 

Speaking at the event, Aurangzeb credited PM Sharif’s “courageous step” in overseeing a nine-month loan agreement with the International Monetary Fund (IMF), saying it helped achieve the country’s economic targets.

“Without it, God forbid, we wouldn’t be here discussing targets,” the minister said. “We would have been in a different situation and we would have had the same discussion in a very different context.”

According to the survey, Pakistan’s GDP has increased to $375 billion in value with a 26.4 percent increase from the previous year’s $338 billion while the per capita income has increased to $1,680 from $1,551 compared to the previous year. 

The investment-to-GDP ratio has recorded a decrease of 13.14 percent from 14.13 percent last fiscal year. However, the survey showed that the agriculture sector demonstrated a growth of 6.25 percent while the industrial and services sectors both posted a growth of 1.21 percent.

The minister said the agriculture sector, backed by bumper sales of crops during the fiscal year, had proven to be a “savior” of the economy. 

“Agriculture is going to remain a huge lever of growth as we go forward,” Aurangzeb noted, adding that an “unprecedented” 30 percent growth was recorded in Pakistan’s revenue collection.

The survey document shows Pakistan’s exports increased by 9.3 percent from July 2023 to March 2024, surging to $23 billion compared to the $21.1 billion figure from the same period last year. 

Meanwhile, imports from July 2023 to March 2024 amounted to $38.8 billion compared to $42.1 billion in the same period last year, reflecting a decline of 8 percent. This caused the country’s trade deficit to shrink to 4.2 percent of its GDP compared to 7.3 percent from last year.

’CONSTRUCTIVE’ IMF TALKS

The finance minister also spoke about the government’s recent negotiations with the IMF for a fresh loan agreement, saying they had been “positive and constructive.”

An IMF team, led by mission chief Nathan Porter, arrived in Pakistan on May 13 and held discussions on the new bailout for more than week before leaving without signing a staff agreement. 

“I have said this many times, I see this as a Pakistan program which is being aided, supported, and funded by the IMF,” the minister explained.

Sharif has publicly expressed his commitment to tough reforms demanded by the IMF. However, high prices, unemployment and a lack of new job opportunities have piled political pressure on his coalition government.

The finance minister stressed the need to enhance Pakistan’s tax-to-GDP ratio and introduce reforms in the power sector to meet the global lender’s demands for the next loan program.

In response to a question, Aurangzeb said the South Asian country would run on taxes collected from the people and businesses, not on charity. 

“There are no sacred cows, everyone will have to contribute to the economy,” he said. “Because schools, hospitals, and universities can run through philanthropy, but not countries. They run on taxes.”


Pakistan economy to grow 2.4 percent in fiscal year 2024, economic survey shows

Updated 11 June 2024
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Pakistan economy to grow 2.4 percent in fiscal year 2024, economic survey shows

  • Pakistan’s coalition government expected to lay out ambitious fiscal targets in the budget on Wednesday
  • Pakistan’s current account registered three straight months of surpluses until April, Finance Minister Aurangzeb says

ISLAMABAD, June 11 : Pakistan’s economy is likely to have expanded by 2.4 percent in the fiscal year that ends this month after contracting 0.17 percent during the previous year, the government’s economic survey showed on Tuesday, a day before the country’s federal budget is unveiled.

The growth estimate is in line with the State Bank of Pakistan’s full-year projection. The SBP cut its key interest rate by 150 basis points on Monday, in its first rate reduction in nearly four years as it strives to boost the economy.

Pakistan’s current account deficit narrowed sharply by 95 percent to $200 million in the July to April period of FY24 versus $3.9 billion in the same period a year ago, the survey showed.

The current account registered three straight months of surpluses until April, and May could be another month of surplus, Finance Minister Muhammad Aurangzeb said.

The government in its monthly economic review at the end of May said it was targeting economic expansion of 3.6 percent for the new fiscal year starting in July, amid an uptick in economic activity.

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.

Prime Minister Shehbaz Sharif has publicly expressed his commitment to tough reforms since coming to power in a February election. These would be critical to securing the IMF loan, but high prices, unemployment and a lack of new job opportunities have piled political pressure on his coalition government.


Rizwan, Amir star as Pakistan beat Canada in crucial T20 World Cup clash 

Updated 11 June 2024
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Rizwan, Amir star as Pakistan beat Canada in crucial T20 World Cup clash 

  • Amir returns figures of 2/13 from four overs while Rizwan scores unbeaten fifty
  • Pakistan next meet Ireland on Sunday in another must-win T20 World Cup clash 

ISLAMABAD: A half-century by Muhammad Rizwan and two vital wickets from Mohammad Amir helped Pakistan beat Canada by seven wickets on Tuesday in New York, helping the green shirts register their first victory of the T20 World Cup 2024. 

The victory came days after Pakistan lost to arch-rivals India on Sunday, compounding their cricket T20 World Cup misery. The loss meant Pakistan needed to win Tuesday’s clash and their next one against Ireland too. 

The green shirts won the toss and elected to bowl first. Canada fared poorly with the bat, managing to score only 106/7 at the end of their 20 overs. Canadian opener Aaron Johnson top-scored with 52 from 44 balls, hitting four sixes and an equal number of fours. 

Pakistani pacers Amir and Haris Rauf returned figures of 2/13 and 2/26 respectively. Fast bowlers Shaheen Shah Afridi and Naseem Shah finished with figures of 1/21 and 1/24 while all-rounder Imad Wasim ran out Nicholas Kirton. 

“As a bowler you have to adopt the conditions, what the conditions are demanding,” Amir, who was awarded the Player of the Match award, said at the end of the match. 

“My role is very clear, what I’m going to do with the new ball and at the death. That’s why I’m getting that success.”

The fast bowler said this was “a very important win” for Pakistan.

Left-handed opening batter Saim Ayub’s poor performance with the bat continued against Canada. The batter scored 6 runs from 12 balls at a strike rate of 50 before he was dismissed by Dilon Heyliger, who returned figures of 2/18. 

Rizwan remained unbeaten with a run-a-ball 52 while skipper Babar Azam pitched in with a valuable 33 runs from 33 balls. 

Fakhar Zaman was dismissed after he scored only four runs from six balls while Usman Khan remained unbeaten on two runs. 

Pakistan will next meet Ireland in a must-win clash on June 16 in Florida. To stay alive in the tournament, the green shirts need the United States to lose their remaining two matches against India and Ireland. 

If the US wins even one more point, Pakistan’s journey in the World Cup will come to an abrupt end in the first stage. Even one match affected by rain would spell the end for Pakistan, as the US require only one point to move to the second round.