‘Heads will roll’: Pakistani PM orders high-level inquiry into Greek boat tragedy

A undated handout photo provided by the Hellenic Coast Guard shows migrants onboard a boat during a rescue operation, before their boat capsized on the open sea, off Greece, June 14, 2023. (Photo courtesy: Hellenic Coast Guard via REUTERS)
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Updated 18 June 2023
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‘Heads will roll’: Pakistani PM orders high-level inquiry into Greek boat tragedy

  • Local, international media reports say hundreds of Pakistanis may have died in Wednesday’s shipwreck off a coast in Greece
  • PM says officials found to be negligent would face action, orders foreign office to collect information on missing persons

ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday announced a “high-level inquiry” into a tragic shipwreck off the coast of Greece last week in which several Pakistanis— and other migrants— are feared to be dead, promising that responsibility would be fixed and “heads will roll.”

Pakistani officials have said multiple raids have been conducted and 10 alleged human smugglers have been arrested following Wednesday’s devastating shipwreck that took place in Greece’s Peloponnese peninsula. As per Greek authorities, 400-750 migrants were on board the ship. Nearly 80 people were found dead while 104 have been rescued so far.

Each year, thousands of Pakistanis reportedly attempt to flee economic hardships in the South Asian country and illegally enter Europe via migrant boats. Sharif has called for all those involved in the incident to be “severely punished.”

“In order to ascertain facts in the wake of the tragic incident of the capsizing of the boat in the Mediterranean Sea off the coast of Greece, I have ordered a high-level inquiry,” Sharif wrote on Twitter.

The Pakistani premier said he has directed the foreign office to undertake “immediate coordination at all levels” to collect information about the missing persons. Sharif said those found negligent toward their duty would face action.

“Responsibility will be fixed after the inquiry and heads will roll,” Sharif wrote.

Earlier, a statement from the Prime Minister’s Office (PMO) announced Pakistan would observe a “Day of Mourning” on Monday during which the national flag would fly at half-mast, in solidarity with Pakistanis who drowned in the shipwreck.

The PMO also said Sharif had formed a four-member inquiry committee to probe the incident and provide recommendations to ensure similar incidents do not happen in the future.

Reeling from macroeconomic crises due to political turmoil and poor management of the country’s resources over the years, tens of thousands of Pakistanis are forced to leave the country — legally and illegally.

Young men, primarily from eastern Punjab and northwestern Khyber Pakhtunkhwa province, often use a route through Iran, Libya, Turkiye, and Greece to unlawfully enter Europe.


World Bank approves $700 million for Pakistan’s economic stability

Updated 20 December 2025
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World Bank approves $700 million for Pakistan’s economic stability

  • Of this, $600 million will go for federal programs and $100 million will ⁠support a provincial program in Sindh
  • The results-based design ensures that resources are only disbursed once program objectives are achieved

ISLAMABAD: The World Bank has approved $700 million in ​financing for Pakistan under a multi-year initiative aimed at supporting the country’s macroeconomic stability and service delivery, the bank said on Friday.

The funds will be released under the bank’s Public ‌Resources for Inclusive ‌Development — Multiphase ‌Programmatic ⁠Approach (PRID-MPA) that ‌could provide up to $1.35 billion in total financing, according to the lender.

Of this amount, $600 million will go for federal programs and $100 million will ⁠support a provincial program in ‌the southern Sindh province. The results-based design ensures that resources are only disbursed once program objectives are achieved.

“Pakistan’s path to inclusive, sustainable growth requires mobilizing more domestic resources and ensuring they are used efficiently and transparently to deliver results for people,” World Bank country director Bolormaa Amgaabazar said in a statement.

“Through this MPA, we are working with the Federal and Sindh governments to deliver tangible impacts— more predictable funding for schools and clinics, fairer tax systems, and stronger data for decision‑making— while safeguarding priority social and climate investments and strengthening public trust.”

The approval ‍follows a $47.9 ‍million World Bank grant ‍in August to improve primary education in Pakistan’s most populous Punjab province.

In November, an IMF-World Bank ​report, uploaded by Pakistan’s finance ministry, said Pakistan’s fragmented ⁠regulation, opaque budgeting and political capture are curbing investment and weakening revenue.

Regional tensions may surface over international financing for Pakistan. In May, Reuters reported that India would oppose World Bank funding for Pakistan, citing a senior government ‌source in New Delhi.

“Strengthening Pakistan’s fiscal foundations is essential to restoring macroeconomic stability, delivering results and strengthening institutions,” said Tobias Akhtar Haque, Lead Country Economist for the World Bank in Pakistan.

“Through the PRID‑MPA, we are launching a coherent nationwide approach to support reforms that expand fiscal space, bolster investments in human capital and climate resilience, and strengthen revenue administration, budget execution, and statistical systems. These reforms will ensure that resources reach the frontline and deliver better outcomes for people across Pakistan with greater efficiency and accountability.”

In Sindh, the program is expected to increase provincial revenues, enhance the speed and transparency of payments, and broaden the use of data to guide provincial decision making. The program will directly support the increase of public resources for inclusive development, including more equitable and responsive financing for primary health care facilities and more funding for schools.