Bulgarian climber dies while trying to scale K2

In this undated photo, Bulgarian climber, Atanas Georgiev Skatov, stands at the base camp of the world's second tallest mountain, K2, in Pakistan. (Photo courtesy: The Alpine Club of Pakistan)
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Updated 05 February 2021
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Bulgarian climber dies while trying to scale K2

  • Three other mountaineers were scheduled to summit the world’s second tallest peak today, but there is no information on them as yet
  • A group of Nepalese climbers made history last month by summiting K2 in winter season

ISLAMABAD: A 43-year-old Bulgarian mountaineer fell to his death while trying to summit K2, the world’s second tallest peak, his teammates announced on Friday. 

The incident took place while Atanas Georgiev Skatov was trying to return to the base camp from Camp 3. 

The Bulgarian climber fell down while “changing his safety from one rope to the other,” said a statement issued by his team members who added that “some errors occurred [during the process] and he fell down.” 

“We had fixed the mountain with new ropes and they were not broken,” the statement continued. 

Last month, a Spanish climber, Sergi Mingote, lost his life while trying to scale K2.

A Russian-American mountaineer, Alex Goldfarb, was also found dead on Jan 19 after falling from the world’s 12th highest mountain, Broad Peak, near K2. 

“Three climbers were killed and four climbers of different countries injured during the K2 winter expedition,” Alpine Club General Secretary Karrar Haidri told Arab News on Friday. 

“A three-member team, including John Snorri of Iceland and Muhammad Ali Sadpara of Pakistan, was scheduled to summit K2 today,” he added. “They went beyond 7,800 meters a couple of hours ago. However, we don’t have latest information on them since there is no update from the team.” 

On January 16, a group of Nepalese climbers made history by summiting the world’s second tallest mountain in winter. 

K2 is frequently described as “savage mountain” since a large number of climbers — 86 in all — lost their lives while trying to summit it. 

The mountain straddles the Pakistan-China border.

While it is about two-and-a-half football fields shorter than Everest (8,848 meters), it is widely considered to be the toughest and most dangerous mountain to climb. 

More than 300 climbers have scaled K2 in spring and summer. Italians Achille Compagnoni and Lino Lacedelli were the first to reach its summit in the summer of 1954. 


Pakistan forecasts inflation to remain in moderate 5.5-6.5 percent range

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Pakistan forecasts inflation to remain in moderate 5.5-6.5 percent range

  • Finance Division report says robust remittance inflows, steady performance of IT, service sectors to cushion external pressures
  • Consumer inflation in Pakistan has significantly reduced over the years when it surged to a record high of 38 percent in May 2023

ISLAMABAD: Inflation is expected to remain in the moderate range of 5.5 to 6.5 percent for December, the Finance Division said in its Monthly Economic Outlook report on Wednesday. 

Pakistan reported inflation at 6.1 percent on a year-on-year basis in November as compared to 6.2 percent in October. Pakistan’s inflation rate rose to a record high of 38 percent in May 2023 on account of surging food and fuel costs as Islamabad scrapped subsidies as part of a financial deal agreed with the International Monetary Fund (IMF). 

“Inflation is projected to remain moderate, in the range of 5.5-6.5 percent in December, primarily reflecting base effect,” the report said. 

The Finance Division’s report said Pakistan’s economic outlook remains “positive,” driven by sustained growth in industrial activity due to continued momentum in textiles, automobiles, cement and food processing sectors. 

“Robust remittance inflows and steady performance in IT and services exports are likely to cushion external pressures,” the report said. 

The report said Pakistan’s current account recorded a surplus of $100 million while it posted a deficit of $812 million during the July-November period.

It said remittances increased by 9.3 percent to $16.1 billion in November, led by inflows from Saudi Arabia (24.2 percent) and the UAE (20.8 percent), while the net foreign direct investment inflows were recorded at $927.4 million during the same July to November period. 

It said Pakistan’s fiscal consolidation is expected to continue supporting macroeconomic stability, with government efforts in expenditure management, enhanced tax collection and structural reforms contributing to sustainable growth. 

“Overall, Pakistan’s economy is projected to maintain its positive momentum in the coming months, driven by industrial growth, improved governance, digitalization, and prudent macroeconomic management,” the report said.