In a first, Pakistan arranges national cycling competition in tribal region 

A cyclist touches a flag after crossing the finish line at the first All Pakistan Cycle Race in Orakzai tribal district on September 30, 2021. (Photo Courtesy: KP Tourism and Culture Authority)
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Updated 01 October 2021
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In a first, Pakistan arranges national cycling competition in tribal region 

  • More than 40 athletes participated in All Pakistan Cycle Race in Orakzai tribal district to mark World Tourism Day 
  • Officials hope the event will not only promote tourism and reduce poverty in the area but also benefit the national economy 

PESHAWAR: Pakistani officials said on Friday the participants of a national cycling competition enjoyed the stunning landscapes of Orakzai tribal district where the contest was arranged for the first time in history to mark World Tourism Day. 
The country’s tribal belt, which borders Afghanistan, witnessed significant violence in the last two decades after the United States and its allies arrived in the region in the wake of the September 11, 2001, attacks in New York and Washington.
The region turned into a militant bolthole and the Pakistani security forces had to launch a string of military operations to dislodge these factions and reclaim the territory.
As normalcy returned to the area, however, the Khyber Pakhtunkhwa Cycling Association and the provincial Culture and Tourism Authority decided to hold the All Pakistan Cycle Race in Orakzai, the only tribal district which does not share a border with Afghanistan.




Cyclists move on the designated track during the first All Pakistan Cycle Race in Orakzai tribal district on September 30, 2021. (Photo Courtesy: KP Tourism and Culture Authority) 

“This was the first All Pakistan Cycle Race in tribal areas in which 45 cyclists from different parts of the country, such as Balochistan, Sindh and Punjab provinces, participated,” Ishtiaq Ahmad, project director of Khyber Pakhtunkhwa Culture and Tourism Authority, said. “It was great fun and everyone enjoyed this rare show in the scenic town.”
He said the provincial administration wanted to adopt more measures to promote the region’s rich tourism sector, adding it also planned to hold similar events in the rest of the tribal territories.
Ahmad said the reason for arranging the cycling competition in the tribal region was to tell the world it had finally acquired peace and stability.
He added that promoting tourism would help reduce poverty in the area and strengthen the national economy.

 


Nisar Ahmad, president of the provincial cycling association, said he was impressed to see the enthusiasm among the residents of Orakzai who contributed a great deal to the success of the event.
“Most of the cyclists participated for the first time in the race where they got a unique biking experience in the midst of the area’s mesmerizing natural beauty,” he added.
Sadiq Ullah, a cyclist who won the second position in the tournament, told Arab News he joined the race since it was a good track which stretched across lush green mountains.
“I also enjoyed the Orakzai cycling competition due to the hospitality of people who formed long queues along our route and encouraged each one of us,” he continued.
He maintained the authorities should arrange more national events in the country’s tribal region and involve its young residents to generate economic activities and turn the place into a tourist destination.

 

 

 

 


IMF hails Pakistan privatization drive, calls PIA sale a ‘milestone’

Updated 52 min 54 sec ago
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IMF hails Pakistan privatization drive, calls PIA sale a ‘milestone’

  • Fund backs sale of national airline as key step in divesting loss-making state firms
  • IMF has long urged Islamabad to reduce fiscal burden posed by state-owned entities

KARACHI: The International Monetary Fund (IMF) on Saturday welcomed Pakistan’s privatization efforts, describing the sale of the country’s national airline to a private consortium last month as a milestone that could help advance the divestment of loss-making state-owned enterprises (SOEs).

The comments follow the government’s sale of a 75 percent stake in Pakistan International Airlines (PIA) to a consortium led by the Arif Habib Group for Rs 135 billion ($486 million) after several rounds of bidding in a competitive process, marking Islamabad’s second attempt to privatize the carrier after a failed effort a year earlier.

Between the two privatization attempts, PIA resumed flight operations to several international destinations after aviation authorities in the European Union and Britain lifted restrictions nearly five years after the airline was grounded following a deadly Airbus A320 crash in Karachi in 2020 that killed 97 people.

“We welcome the authorities’ privatization efforts and the completion of the PIA privatization process, which was a commitment under the EFF,” Mahir Binici, the IMF’s resident representative in Pakistan, said in response to an Arab News query, referring to the $7 billion Extended Fund Facility.

“This privatization represents a milestone within the authorities’ reform agenda, aimed at decreasing governmental involvement in commercial sectors and attracting investments to promote economic growth in Pakistan,” he added.

The IMF has long urged Islamabad to reduce the fiscal burden posed by loss-making state firms, which have weighed public finances for years and required repeated government bailouts. Beyond PIA, the government has signaled plans to restructure or sell stakes in additional SOEs as part of broader reforms under the IMF program.

Privatization also remains politically sensitive in Pakistan, with critics warning of job losses and concerns over national assets, while supporters argue private sector management could improve efficiency and service delivery in chronically underperforming entities.

Pakistan’s Cabinet Committee on State-Owned Enterprises said on Friday that SOEs recorded a net loss of Rs 122.9 billion ($442 million) in the 2024–25 fiscal year, compared with a net loss of Rs 30.6 billion ($110 million) in the previous year.