PARIS: The Paris Club of creditor countries said on Friday it was giving Pakistan another extension to service its debt so that it can dedicate its resources to combatting the COVID-19 pandemic.
The country has until December to make the payment, the club said in a statement, without releasing a figure.
Islamabad "is committed to devote the resources freed by this initiative to increase spending in order to mitigate the health, economic and social impact of the COVID-19 crisis," the statement said.
The country's debt amounts to some 90 percent of its gross domestic product, according to the International Monetary Fund.
Its debt service for the 2021-2022 fiscal year totals $56.9 billion, the IMF says.
Pakistan owes $11.5 billion to the Paris Club, according to the IMF.
Paris Club extends Pakistan's debt payment deadline
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Paris Club extends Pakistan's debt payment deadline
- The country now has until December to make the payment, the club said in a statement, without releasing a figure
- The country's debt amounts to some 90 percent of its gross domestic product, according to the International Monetary Fund
Pakistan says it seized 32 square kilometers inside Afghanistan as border clashes escalate
- Security official describes ‘limited tactical action’ in Gudwana after Afghan assaults
- Islamabad accuses Kabul of sheltering militants as UN, China and Russia urge restraint
ISLAMABAD: Pakistan has seized a 32-square-kilometer area inside Afghanistan following overnight fighting, a security official said on Saturday, as cross-border clashes between the two countries escalated sharply.
A Pakistani security official, speaking on condition of anonymity, said troops carried out a “limited tactical action” in the Gudwana area opposite the Zhob sector along the frontier, capturing Afghan territory after responding to attacks on Pakistani positions.
“On the night of Feb. 26/27, posts opposite the Zhob sector launched anticipated physical attacks on multiple Pakistani positions,” the official said, referring to fighters linked to Afghanistan’s Taliban authorities, whom Islamabad identifies as Tehreek-e-Taliban Afghanistan (TTA).
“In response to aggressive unprovoked fire and physical attacks, Pakistan security forces launched a limited tactical action on the night of Feb. 27/28 in the general area of Gudwana with a view to capture TTA Tahir Post,” he continued, adding that 32 square kilometers of Afghan territory were seized.
The official said special combat teams crossed the border after preparatory bombardment, supported by intelligence, surveillance and reconnaissance assets providing “real-time battlefield awareness.”
He said 24 Afghan Taliban fighters were killed and 37 wounded, with no Pakistani casualties reported.
The claims could not be independently verified, and there was no immediate confirmation from Taliban authorities in Kabul of any territorial loss in the Gudwana area.
The latest clashes erupted after Pakistani airstrikes targeted what Islamabad described as militant hideouts inside Afghanistan over the weekend, triggering retaliatory fire along the frontier and sharply escalating long-running tensions. Islamabad accuses Kabul of sheltering Pakistani Taliban militants responsible for attacks inside Pakistan, an allegation that Afghanistan denies.
Pakistan’s Information Minister Attaullah Tarar said on Saturday evening that 352 Afghan Taliban fighters had been killed and more than 535 wounded since the latest phase of hostilities began.
Tarar said Pakistani strikes had destroyed 130 check posts, 171 tanks and armored vehicles and targeted 41 locations across Afghanistan by air. Those figures could not be independently verified.
The United Nations, as well as China and Russia, have called for restraint.
The United States said Pakistan has the right to defend itself against cross-border militancy.
