Biden not engaging Pakistan on Afghanistan is ‘disaster in the making’ — US senator

US Sen. Lindsey Graham (R-SC) speaks during a hearing to discuss President Biden's budget request at the US Capitol in Washington, D.C. on June 8, 2021. (AFP/File)
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Updated 02 August 2021
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Biden not engaging Pakistan on Afghanistan is ‘disaster in the making’ — US senator

  • Lindsey Graham questions how US expected “effective” troop withdrawal from Afghanistan without coordinating with Pakistan
  • As of June, Biden has not made any contact with Pakistani PM Imran Khan since becoming president in January

ISLAMABAD: United States Republican Senator Lindsey Graham warned this week that US President Joe Biden’s approach not to engage with Pakistan on Afghanistan was a “major disaster in the making.”
The senator’s comments come amid slow progress in Taliban and Afghan government peace talks in Qatar and as violence rises dramatically around the country ahead of the withdrawal of foreign forces by September 11.
As of June, Biden has not made any contact with Pakistani Prime Minister Imran Khan since he took over as president this January. 
In a series of tweets on Tuesday evening, Graham said the planned withdrawal from war-torn Afghanistan required Pakistan’s cooperation.
“I believe that this decision by the Biden Administration to withdraw all forces and not stay engaged with Pakistan is a major disaster in the making, even worse than the blunder in Iraq,” Graham said.

“Stunning to hear that President Biden hasn’t reached out to the Prime Minister of Pakistan Imran Khan regarding the US-Pakistan relationship and Afghanistan,” the senator said in another tweet

Senator Graham has also questioned how the US expected troop withdrawal from Afghanistan “to be effective without coordinating with Pakistan? Clearly the Biden Administration believes that our problems in Afghanistan are behind us.”

A day earlier, on Tuesday, in an opinion piece published in the Washington Post, Pakistani Prime Minister Imran Khan said Pakistan was ready to partner with the US for peace in Afghanistan but would avoid risking further conflict, saying his country was opposed to a military takeover of Afghanistan and would not offer the US bases. 
“The interests of Pakistan and the United States in Afghanistan are the same. We want a negotiated peace, not civil war. We need stability and an end to terrorism aimed at both our countries,” Khan wrote.


Pakistan issues over $7 billion sukuk in 2025, nears 20 percent Shariah-compliant debt target

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Pakistan issues over $7 billion sukuk in 2025, nears 20 percent Shariah-compliant debt target

  • Finance Adviser Khurram Schehzad says this was the highest-ever Sukuk issuance in a single calendar year since 2008
  • Pakistan’s Federal Shariat Court ordered in 2022 the entire banking system to transition to Islamic principles by 2027

ISLAMABAD: Pakistan’s Finance Adviser Khurram Schehzad on Monday said the country achieved a landmark breakthrough in Islamic finance by issuing over Rs2 trillion ($7 billion) sukuk this year, bringing it closer to its 20 percent Shariah-compliant debt target by Fiscal Year 2027-28.

A sukuk is an Islamic financial certificate, similar to a bond, but it complies with Shariah law, which forbids interest. Pakistan’s Federal Shariat Court (FSC) had directed the government in April 2022 to eliminate interest and align the country’s entire banking system with Islamic principles by 2027.

Following the ruling, the government and the State Bank of Pakistan (SBP) have undertaken a series of measures, including legal reforms and the issuance of sukuk to replace interest-based treasury bills and investment bonds.

“In 2025, the Ministry of Finance (MoF) through its Debt Management Office, together with its Joint Financial Advisers (JFAs), successfully issued over PKR 2 trillion in Sukuk,” Schehzad said on X, describing it as “the highest-ever Sukuk issuance in a single calendar year since 2008 by Pakistan.”

Pakistan made a total of 61 issuances across one-, three-, five- and 10-year tenors, according to the finance adviser. The country also successfully launched its first Green Sukuk, a Shariah-compliant bond designed to fund environment-friendly projects.

He said the Green Sukuk was 5.4 times oversubscribed, indicating investor demand was more than five times higher than the amount the government planned to raise, which showed strong market confidence.

“The rising share of Islamic instruments in the government’s domestic securities portfolio (domestic debt) underscores strong momentum, growing from 12.6 percent in June 2025 to around 14.5 percent by December 2025, clearly positioning the MoF to achieve its 20 percent Shariah-compliant debt target by FY28,” Schehzad said.

“This milestone also reflects the structural deepening of Pakistan’s Islamic capital market, sustained investor confidence, and the strengthening of sovereign debt management.”

He said Pakistan was strengthening its government securities market by making it more resilient, diversified, and future-ready, supported by a stabilizing macroeconomic environment, a disciplined debt strategy, and a clear roadmap for Islamic finance.