Peace non-negotiable, Pakistan will adopt ‘zero tolerance’ policy for militants — PM Sharif

Pakistan's Prime Minister Shahbaz Sharif, right, chairs a meeting of National Security Committee, in Islamabad, Pakistan, Monday, Jan. 2, 2022. (Photo courtesy: Press Information Department via AP)
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Updated 03 January 2023
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Peace non-negotiable, Pakistan will adopt ‘zero tolerance’ policy for militants — PM Sharif

  • PM Sharif announces ‘major decisions’ after top security meeting of civilian, military leaders
  • ‘Economic roadmap will revive economy and provide relief to the people,’ says PM Sharif

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday stated categorically that Pakistan would adopt a “zero-tolerance” policy toward militants challenging the writ of the state, as the South Asian country grapples with a surge in militant attacks in recent months.

A second meeting of Pakistan’s National Security Committee (NSC) comprising senior civilian and military leaders was held on Monday with PM Sharif in the chair. Participants of the meeting took stock of Pakistan’s economic and security situation.

The NSC warned militants that the state would deal with them “with full force” and that the fight against militants would be led by the federal and provincial governments in accordance with the National Action Plan.

Pakistan has seen a surge in recent militant attacks over the past couple of weeks, led mostly by the Pakistani Taliban or the TTP, in the northwestern Khyber Pakhtunkhwa and southwestern Balochistan provinces.

A day after the important security huddle, PM Sharif took to Twitter to announce “major decisions” taken by the NSC on Monday. “State of Pakistan will adopt zero tolerance policy for terrorists challenging its writ,” he wrote. “Peace is non-negotiable.”

Sharif also said that relief, through an economic revival, would be provided to the masses. His statement comes as Pakistan reels from double-digit inflation and is grappling with a depreciating currency, low foreign reserves and a huge current account deficit.

During the NSC meeting, Finance Minister Ishaq Dar gave a detailed briefing on the country’s economic situation. The committee agreed on the need for rationalization of imports and to prevent illegal currency outflows.

“The forum underscored that comprehensive national security revolves around economic security and that sovereignty or dignity comes under stress without self-sufficiency and economic independence,” the Prime Minister’s Office (PMO) said in its statement after the meeting.

The TTP has increased its attacks on Pakistan’s law enforcers after a fragile truce between militants and the state broke down last year. Islamabad has called on Kabul to rein in the Pakistani Taliban, accusing the banned outfit of using Afghan soil to launch attacks in Pakistan.

Afghanistan has rejected the allegations, prompting Pakistan to vow that it would take cross-border action against the TTP to safeguard its people.


Pakistan expands crypto engagement with appearance at Mar-a-Lago finance forum

Updated 49 min 49 sec ago
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Pakistan expands crypto engagement with appearance at Mar-a-Lago finance forum

  • Pakistan Virtual Assets Regulatory Authority Chairman Bilal bin Saqib attends World Liberty Financial event at Trump’s Mar-a-Lago estate
  • Discussions focused on future of global financial infrastructure, digital assets, stablecoins, capital markets innovation, says Saqib’s office 

ISLAMABAD: Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman and Minister of State Bilal bin Saqib joined global finance leaders at an event hosted by World Liberty Financial, a crypto venture linked to US President Donald Trump’s family, Saqib’s office said on Thursday. 

The event was hosted by World Liberty Financial, a crypto-based finance platform launched in September 2024 linked to Trump’s family. According to Saqib’s office, the gathering was held at Mar-a-Lago, the private estate and club owned by Trump in Florida. 

Speakers and attendees at the event included David Solomon, chairman and CEO of Goldman Sachs, Adena Friedman, chairperson and CEO of Nasdaq as well as Lynn Martin, president of the New York Stock Exchange, Saqib’s office said. The event was organized and hosted by Eric Trump and American businesspersons Zach Witkoff and Alex Witkoff. 

“Discussions focused on the future of global financial infrastructure, digital assets, stablecoins, capital markets innovation and the evolving relationship between regulation and emerging financial technologies,” the statement said. 

It said Saqib’s attendance at the event reflected Pakistan’s growing engagement with global discussions shaping the next phase of financial and technological transformation.

“As Pakistan moves toward modernizing its financial infrastructure and strengthening its position in the global digital economy, such high-level engagements signal increasing international recognition of the country’s regulatory direction and leadership,” the statement added. 

Last month, Pakistan signed a memorandum of understanding with a company affiliated with World Liberty Financial to explore the use of a dollar-linked stablecoin for cross-border payments.

Pakistan has stepped up efforts recently to regulate its digital asset sector and is exploring digital currency initiatives as part of broader measures to reduce cash usage.