Court should disqualify Shehbaz Sharif as MP if he doesn’t bring Nawaz back — Fawad Chaudhry 

Pakistan's Science and Technology Minister Fawad Chaudhry speaks during an interview with Arab News in Islamabad on Sept. 10, 2020. (AN photo)
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Updated 12 September 2020
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Court should disqualify Shehbaz Sharif as MP if he doesn’t bring Nawaz back — Fawad Chaudhry 

  • Says science ministry working on enhancing cooperation with Saudi Arabia and UAE in precision agriculture and livestock
  • Have invited Saudi companies to partner with Pakistan in hydroponic and greenhouse agriculture, minister says 

ISLAMABAD: Federal Minister for Science and Technology Chaudhry Fawad Hussain said on Thursday opposition party leader Shehbaz Sharif should be disqualified from being a member of parliament if he failed to ensure the return of his brother Nawaz Sharif to Pakistan.

Last November, three-time former prime minister and leader of the Pakistan Muslim League-Nawaz party, Nawaz Sharif flew to the UK in an air ambulance for medical treatment, a month after he was released on bail from a seven-year prison sentence in a case involving corrupt practices linked to his family’s purchase of upscale London flats.

The Islamabad High Court had given him until September 10 to return to Pakistan.

“The court should ask Shehbaz Sharif to bring his brother back,” Hussain told Arab News in an interview.  “If he fails to do that, he should be disqualified from his [National Assembly] membership.”

The country’s superior judiciary had allowed the former prime minister to travel abroad on medical grounds after Shehbaz became his guarantor, Hussain said. 

“This should be followed by an order to the Pakistani government to send an extradition request to the government of United Kingdom since court orders are more quickly enforced than administrative requests in countries like Britain,” the minister said. “We hope that the judiciary will proceed in that direction.” 

Asked about Pakistan’s relations with Gulf countries, Hussain said his ministry was working on enhancing cooperation with Saudi Arabia and the United Arab Emirates (UAE) in precision agriculture and livestock. 

“I have met the ambassadors of Saudi Arabia and the UAE this week,” he said. “We discussed cooperation in precision agriculture and livestock along with other areas of bilateral cooperation in the field of science and technology.”

He said the ministry of science was trying to establish a mechanism to bring vegetable farming under a strict certification regime. 

“We are focusing on two areas while thinking about our exports to the Arab world,” Hussain said. “The first one includes vegetables and nontraditional agriculture products like ginger, black pepper and avocados. The second has livestock since Pakistan is geographically located quite close to the Gulf countries and can export meat quicker than Brazil and Australia who are the top meat providers to that region.” 

The minister said he had shared details with Pakistani diplomatic missions in Gulf states, asking them to set meetings with food security or trade ministers.

“Our relationship with Saudi Arabia and the UAE is of immense importance to us, and we would like to work together to strengthen it further,” he added. 

Hussain said he had invited Saudi companies to partner with Pakistan in hydroponic and greenhouse agriculture: “Because of the coronavirus pandemic, things are very slow but we are going to gain pace soon,” he said, adding that he planned to arrange business to business (B2B) meetings with Saudi companies in the coming months. 

On the recent decision of the cabinet to allow the production of hemp (a variety of cannabis) in Pakistan, Hussain said research had proved that hemp had huge benefits for both medicinal and industrial purposes. 

“Hemp has medicinal use, especially in chronic pains in serious diseases like cancer and epilepsy. Likewise, the stem of hemp is used in the textile industry,” the minister said. “It is used as a cotton replacement because the clothes people make from hemp are of far superior quality than traditional cotton.”

“In countries like Pakistan, where cotton growth is actually going down, hemp can actually play a very big role in the textile sector and enhance exports,” Hussain added. 

On the electric buses in Pakistan, Chaudhry said that Islamabad was going to be the first Pakistani city to convert its public transport to electric vehicles. 

“For electric buses, we are signing a memorandum of understanding with the Capital Development Authority next week,” he added. 

The minister said the government was also initiating a program in the National Institute of Electronics to train local mechanics and help them understand how they can fix electric vehicles. 

“We want to train them since the number of electric vehicles will be quite substantial in the next two to three years,” Hussain said. “These mechanics should understand the new technology so they do not go out of business.” 


IMF board to approve Pakistan reviews today ‘if all goes well,’ say officials

Updated 08 December 2025
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IMF board to approve Pakistan reviews today ‘if all goes well,’ say officials

  • IMF’s executive board is scheduled to meet today to discuss the disbursement of $1.2 billion
  • Economists say the money will boost Pakistan’s forex reserves, send positive signals to investors

KARACHI: The International Monetary Fund’s (IMF) executive board is scheduled to meet today, Monday, to approve the release of about $1.2 billion for Pakistan under the lender’s two loan facilities, said IMF officials who requested not to be named.

The IMF officials confirmed the executive board was going to decide on the Fund’s second review under the $7 billion Extended Fund Facility (EFF) and first review under the $1.4 billion Resilience and Sustainability Facility (RSF), a financing tool that provides long-term, low-cost loans to help countries address climate risks.

“The board meeting will be taking place as planned,” an IMF official told Arab News.

“The board is on today yes as per the calendar,” said another.

A well-placed official at Pakistan’s finance ministry also confirmed the board meeting was scheduled today to discuss the next tranche for Pakistan.

The IMF executive board’s meeting comes nearly two months after a staff-level agreement (SLA) was signed between the two sides in October.

Procedurally, the SLAs are subject to approval by the executive board, though it is largely viewed as a formality.

“If all goes well, the reviews should pass,” said the second IMF official.

On approval, Pakistan will have access to about $1 billion under the EFF and about $200 million under the RSF, the IMF said in a statement in October after the SLA.

The fresh transfer will bring total disbursements under the two arrangements to about $3.3 billion, it added.

Experts see smooth sailing for Pakistan in terms of the passing of the two reviews, saying the IMF disbursements will help the cash-strapped nation to strengthen its balance of payments position.

Samiullah Tariq, group head of research at Pakistan Kuwait Investment Company Limited, said the IMF board’s approval will show that Pakistan’s economy is on the right path.

“It obviously will help strengthen [the country’s] external sector, the balance of payments,” he told Arab News.

Until recently, Pakistan grappled with a macroeconomic crisis that drained its financial resources and triggered a balance of payments crisis.

Pakistan has reported financial gains since 2022, recording current account surpluses and taming inflation that touched unprecedented levels in mid-2023.

Economists also viewed the IMF’s bailout packages as crucial for cash-strapped Pakistan, which has relied heavily on financing from bilateral partners such as Saudi Arabia, China and the United Arab Emirates, as well as multilateral lenders.

Saudi Arabia, through the Saudi Fund for Development, last week extended the term of its $3 billion deposit for another year to help Pakistan boost its foreign exchange reserves, which stood at $14.5 billion as of November 28, according to State Bank of Pakistan statements.

“In our view this [IMF tranche] will be approved,” said Shankar Talreja, head of research at Karachi-based brokerage Topline Securities Limited.

“This will help strengthen reserves and will eventually help a rating upgrade going forward,” he said.

The IMF board’s nod, Talreja said, would also send a signal to the international and local investors regarding the continuation of the reform agenda by Pakistan’s government.