Pakistan’s PM condemns Israel’s ‘incessant and lethal’ bombardment of Gaza 

Pakistan’s Caretaker Prime Minister Anwaar-ul-Haq Kakar is seen addressing the 16th Economic Cooperation Organization (ECO) summit in Tashkent, Uzbekistan on November 9, 2023. (PID)
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Updated 09 November 2023
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Pakistan’s PM condemns Israel’s ‘incessant and lethal’ bombardment of Gaza 

  • PM Kakar urges Economic Cooperation Organization (ECO) to push for immediate ceasefire in Gaza 
  • At least 10,569 people have been killed in Gaza by Israeli bombardment, say Palestinian officials 

ISLAMABAD: Pakistan’s Caretaker Prime Minister Anwaar-ul-Haq Kakar condemned the “incessant and lethal” bombardment of Gaza by Israeli forces on Thursday, urging members of the Economic Cooperation Organization (ECO) to push for an immediate ceasefire in the area. 

At least 10,569 people have been killed by Israeli bombardment since Oct. 7 with 40 percent of the casualties being children, Palestinian officials have said. Israel has ignored urgent calls from Muslim countries and world powers for a ceasefire, as it continues to rain bombs on Gaza that it says is in retaliation for a full-pronged attack launched by Hamas last month. 

“Excellencies, as we speak, a grave humanitarian crisis is unfolding in Gaza,” Kakar said during his address at the 16th ECO summit in Tashkent. 

“The incessant and lethal bombardment of Gaza by the Israeli forces is a deplorable act which calls for international condemnation.” 

The Pakistani prime minister said the Palestine-Israel dispute needs to be resolved through the relevant Organization of Islamic (OIC) and UN Security Council resolutions. 

“I urge all ECO members to push for a ceasefire in Gaza, support the call for humanitarian assistance and rally efforts to hold Israel to account,” Kakar said. 

He regretted the killing of Palestinian children in Gaza by Israeli forces. 

“With the elimination of children, I recall in history when Pharaoh, on the advent of Moses’ birth killed children,” Kakar said. “And now, unfortunately, the people who claim to be the followers of Moses are following the path of Pharaohs.” 

Israeli forces and Hamas’ military wing remained locked in fierce battles in Gaza on Thursday, forcing thousands of Palestinians to evacuate and head for the south. 

Israel has told Palestinians to leave northern Gaza, which is encircled by its armored forces or risk being trapped in the violence. But central and southern parts of the territory also came under fire again as the war entered its second month. 

UN officials and G7 world powers have stepped up appeals for a humanitarian pause in the war to help alleviate the suffering of civilians in Gaza, where whole neighborhoods have been razed by Israeli bombardment and basic supplies are running out. 

Rights groups and aid agencies have warned of diseases running rampant in the densely populated territory as Israel continues its blockade of Gaza. 


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

Updated 10 January 2026
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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.