In major diplomatic win, Pakistan returns downed fighter pilot to India

Pakistan on Friday handed over pilot Wing Commander Abhinandan Varthaman to India through Pakistan-India border in Wagah (Photo Courtesy – Pakistan Air Force)
Updated 02 March 2019
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In major diplomatic win, Pakistan returns downed fighter pilot to India

  • Wing commander Abhinandan Varthaman handed over to Indian authorities around 9pm on Friday evening
  • Pakistani prime minister Imran Khan had promised his return as a "gesture of goodwill"

ISLAMABAD: Captured Indian Wing commander Abhinandan Varthaman was handed back to India on Friday, two days after he was captured by the Pakistan army and his jet downed, the Pakistani foreign office said, in a gesture seen as the first step towards dialling down the worst standoff between the two countries in decades. 

“Wing Commander Abhinandan, Indian POW [prisoner of war], returned to India today, as committed by PM [Prime Minister Imran] khan in his address to joint sitting of parliament, yesterday,” foreign office spokesman Dr. Mohammad Faisal said in a Twitter post.

On Tuesday, Pakistan said Indian jets had violated the Line of Control (LoC) border which splits the disputed Kashmir valley into two parts, one administered by Pakistan, the other by India. India said it hit a militant training camp inside Pakistan on Tuesday morning but Pakistan said Indian jets were barely in its airspace for a few minutes before being chased away by Pakistani warplanes without any damage to lives or infrastructure.

The next day, Pakistan said it had carried out airstrikes on six targets across its border with India, shot down two Indian warplanes and arrested an enemy pilot, raising the possibility of further escalation.

But during a joint session of parliament on Thursday evening, Prime Minister Imran Khan said the captured pilot would be handed back to India the next day as a “gesture of peace.”

Pakistani TV channels showed Varthaman walking across the border at Wagah around 9p.m. on Friday night, accompanied by Pakistani paramilitary rangers. He was straight-backed and somber-faced, and wearing a crisp white shirt, a navy blazer and grey pants. As he crossed over into India, an Indian officer shook his hand and another walked him onto Indian soil as the iron gates of the border gate slammed shut.

Varthaman has become the face of latest tensions between India and Pakistan. The arch-rivals have fought three wars since their independence from British colonial rule in 1947. Two of them were over the disputed Kashmir region on their border.


Pakistan says repaid over $13.06 billion domestic debt early in last 14 months

Updated 29 January 2026
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Pakistan says repaid over $13.06 billion domestic debt early in last 14 months

  • Finance adviser says repayment shows “decisive shift” toward fiscal discipline, responsible economic management
  • Says Pakistan’s total public debt has declined from over $286.6 billion in June 2025 to $284.7 billion in November 2025

KARACHI: Pakistan has repaid Rs3,650 billion [$13.06 billion] in domestic debt before time during the last 14 months, Adviser to the Finance Minister Khurram Schehzad said on Thursday, adding that the achievement reflected a shift in the country’s approach toward fiscal discipline. 

Schehzad said Pakistan has been repaying its debt before maturity, owed to the market as well as the State Bank of Pakistan (SBP), since December 2024. He said the government had repaid the central bank Rs300 billion [$1.08 billion] in its latest repayment on Thursday. 

“This landmark achievement reflects a decisive shift toward fiscal discipline, credibility, and responsible economic management,” Schehzad wrote on social media platform X. 

Giving a breakdown of what he said was Pakistan’s “early debt retirement journey,” the finance official said Pakistan retired Rs1,000 billion [$3.576 billion] in December 2024, Rs500 billion [$1.78 billion] in June 2025, Rs1,160 billion [$4.150 billion] in August 2025, Rs200 billion [$715 million] in October 2025, Rs494 billion [$1.76 billion] in December 2025 and $1.08 billion in January 2026. 

He said with the latest debt repaid today, the July to January period of fiscal year 2026 alone recorded Rs2,150 billion [$7.69 billion] in early retirement, which was 44 percent higher than the debt retired in FY25.

He said of the total early repayments, the government has repaid 65 percent of the central bank’s debt, 30 percent of the treasury bills debt and five percent of the Pakistan Investment Bonds (PIBs) debt. 

The official said Pakistan’s total public debt has declined from over Rs 80.5 trillion [$286.6 billion] in June 2025 to Rs80 trillion [$284.7 billion] in November 2025. 

“Crucially, Pakistan’s debt-to-GDP ratio, around 74 percent in FY22, has declined to around 70 percent, reflecting a broader strengthening of fiscal fundamentals alongside disciplined debt management,” Schehzad wrote. 

Pakistan’s government has said the country’s fragile economy is on an upward trajectory. The South Asian country has been trying to navigate a tricky path to economic recovery under a $7 billion loan from the International Monetary Fund.