Asif Ali Zardari set to return as Pakistan president

Former President of Pakistan and President of Pakistan Peoples' Party (PPP), Asif Ali Zardari gestures towards supporters during a campaign rally for the 2024 general elections in Garhi Khuda Bakhsh village, Larkana, Pakistan on December 27, 2023.
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Updated 09 March 2024
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Asif Ali Zardari set to return as Pakistan president

  • Between 2008 and 2013, he ushered in constitutional reforms, and the 68-year-old’s second term will see him steer a largely ceremonial office
  • He has spent more than 11 years in jail, a long time even by the standards of Pakistani politicians, with a wheeler-dealer’s talent for bouncing back

ISLAMABAD: Asif Ali Zardari, the widower of Pakistan’s slain first female premier Benazir Bhutto who has had a life storied equally by tragedy and farce, is set to become president for a second time on Saturday.

Initially a background character as Bhutto’s consort, Zardari was stained by a bevy of corruption and other allegations, including absurd kidnapping plots and taking kickbacks lavished on hoards of jewelry.

Despite a reputation as “Mr. Ten Percent” — the alleged cut he took for rubber-stamping contracts — a sympathy vote propelled him to office when his wife was assassinated in a 2007 bomb and gun attack.

Between 2008 and 2013, he ushered in constitutional reforms rolling back presidential powers, and the 68-year-old’s second term will see him steer a largely ceremonial office.




Former Pakistani Prime Minister Benazir Bhutto (L) rests inside the presidential car with husband Asif Ali Zardari cuddling their baby son Bilawal shortly after their arrival in Kuala Lumpur on October 17, 1989 to attend the Commonwealth Heads of Government Meeting.

He has spent more than 11 years in jail, a long time even by the standards of Pakistani politicians, with a wheeler-dealer’s talent for bouncing back after scandals.

Back in 2009, the New York Times said he had a knack for “artful dodging” — “maneuvering himself out of the tight spots he gets himself into.”

Newly sworn-in lawmakers were set to vote him in under the terms of a coalition deal brokered after February 8 elections marred by rigging claims.

Under that deal, Zardari’s Pakistan Peoples Party (PPP) will take the presidency, while its historic rivals the Pakistan Muslim League-Nawaz (PML-N) party secured the prime minister’s position for Shehbaz Sharif, who was officially sworn in on Monday.

Zardari was born in 1955 into a land-owning family from the southern province of Sindh.




Chairman of the Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari (L) chats with his father and Pakistan's former president Asif Ali Zardari (R) prior to presenting their party manifesto for the forthcoming general election during a press conference in Islamabad on June 28, 2018. (AFP/File)

“As a child, I was spoilt by my parents as an only son,” he said in a 2000 interview with the Guardian newspaper. “They indulged my every whim.”

He expressed only limited political ambitions as a young man — losing a 1983 local government election.

It was his 1987 arranged marriage with PPP leader Benazir Bhutto that earned him a spot in the political limelight.

Their union — brokered by Bhutto’s mother — was considered an unlikely pairing for a leader-in-waiting from one of Pakistan’s major political dynasties.

Bhutto was an Oxford and Harvard graduate driven by the desire to oust then-president Mohammad Zia-ul-Haq, who forced her father from the prime minister’s office and had him executed.




Pakistani People's Party (PPP) leader, Benazir Bhutto (R) is seen during her wedding where she is getting married to Asif Ali Zardari in Karachi December 18, 1987. (AFP/File)

Zardari was a university dropout with a reputation for brawling, partying and romancing women at a private disco in his family home.

On the eve of their wedding, Bhutto’s team issued a formal statement denying he was “a playboy who plays polo by day and frequents discos at night.”

Their nuptial celebrations were dubbed the “people’s wedding” — doubling as a political rally in the megacity of Karachi, where a crowd of 100,000 fervently chanted PPP slogans.

Initially, Zardari pledged to keep out of politics.

Bhutto served as prime minister from 1988 to 1990 — the first woman to head a democratic government in a Muslim country — and again from 1993 to 1996.

PPP insiders regarded Zardari as a liability, considering him likely to embarrass her leadership.

Their fears were perhaps well-founded. In 1990, he was embroiled in accusations of an absurd plot to extort a businessman by tying a bomb to his leg.

He was jailed for three years on extortion and kidnapping charges but was elected to the national assembly from behind bars.

In Bhutto’s second term, he served as investment minister.




Pakistan's new President Asif Ali Zardari stands in front of a portrait of his slain wife Benazir Bhutto and waves as he arrives for a joint press conference at The Presidential Palace in Islamabad on September 9, 2008. (AFP/File)

A bombshell New York Times investigation detailed how he tried to engineer vast kickbacks on military contracts over this period while lavishing huge sums on jewelry.

After Bhutto’s government fell in 1996, Zardari was back behind bars within half an hour.

In December 2007, Bhutto was assassinated while on the campaign trail for a third term in office.

Her killing shook the nation to its core, a wave of sympathy carrying the PPP to victory in 2008. The party nominated Zardari as president.

In 2010, he was widely criticized for continuing a European holiday when the nation was devastated by floods that killed almost 1,800 and affected 21 million.

He was also head of state when US commandos trespassed onto Pakistani soil for the 2011 assassination of Osama Bin Laden, an episode that humiliated many compatriots.

He did, however, usher in constitutional reforms rolling back the sweeping powers of the presidency and bolstering parliamentary democracy that had been undermined by three decades of military rule since 1947.

In 2013, Zardari became the first Pakistani president to complete his full term.

He was jailed once again over money laundering charges in 2019 but was released months later.

Zardari and Benazir had three children, including Bilawal Bhutto Zardari, the current chairman of the PPP.


Pakistan’s PSO proposes swapping debt for stake in public sector companies

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Pakistan’s PSO proposes swapping debt for stake in public sector companies

  • Stopping the pile-up of unresolved debt across Pakistan’s power sector and settling it is a top IMF concern
  • PSO’s aggregate receivables from government agencies and autonomous bodies stands at about $1.8 billion

KARACHI: Pakistan State Oil, the country’s largest oil marketer, says it is in talks with the government on a plan to acquire stakes in public sector energy companies and offset mounting debt it is owed by firms such as the national airline.
Stopping the pile-up of unresolved debt across Pakistan’s power sector, and ultimately settling it, is a top concern of the International Monetary Fund (IMF), with which Islamabad begin talks this month for a new long-term loan deal.
“Everything will be done through competitive bidding and we will participate and if we win, the stakes will be offset against (PSO’s receivables),” said Syed Muhammad Taha, the managing director and chief executive of state-backed PSO.
“That is our proposal and this is under consideration, so we are working with the government,” Taha said in an interview on Wednesday with Reuters, which is the first to report the plan.
Pakistan’s government, with a stake of about 25 percent, is the biggest shareholder of PSO, but private shareholders own the rest.
Government officials, including the petroleum minister and the information minister, did not reply to a Reuters request for comment.
Total circular debt in Pakistan’s power and gas sectors stood at 4.6 trillion rupees ($17 billion), or about 5 percent of GDP by June 2023, the IMF says.
Circular debt is a form of public debt that stems in part from failure to pay dues along the power sector chain, starting with consumers and moving to distribution companies, which owe power plants, which then have to pay fuel supplier PSO.
The government is either the biggest shareholder, or outright owner of most these companies, making it tough to resolve debt as fiscal tightening leaves it strapped for cash.
Among other steps sought by the IMF, Pakistan has raised energy prices to stop the build-up of debt. But the accumulated amount still has to be resolved.
Taha said the IMF reforms helped the sector by boosting creditors’ ability to pay, which will continue to improve.
PSO’s aggregate receivables from government agencies and autonomous bodies stood at 499 billion rupees ($1.8 billion), the largest share owed by gas provider Sui Northern Gas, whose largest shareholder is the government.
PSO’s annual report last year said the crisis of owed debt was a serious issue for it.
Taha said PSO had initially floated the idea of acquiring stakes or complete ownership of assets such as power plants in Nandipur in the northern Punjab province and Guddu in southern Sindh, as well as the government-owned holding entity for power generation companies.
It also discussed equity stakes in profitable public sector companies such as the Oil and Gas Development Co, he added.
PIA DEAL
Taha said PSO was also a part of the broader settlement framework for the privatization of Pakistan International Airlines, which would potentially include a “clean asset swap” and a stake in the airline’s non-core assets, such as property.
The government is putting on the block a stake ranging from 51 percent to 100 percent in debt-ridden PIA as part of the public-sector reforms sought by the IMF.
In March, media said the principal alone that PIA owed PSO for fuel supply amounted to roughly 15.8 billion rupees ($57 million).
Taha added that he expected modest growth in demand for petroleum products as the economy opens up, thanks to lower interest rates and higher disposable income.
As economic conditions improve, he added, PSO is working with big strategic investors from China and the Middle East to upgrade and expand its refinery arm, Pakistan Refinery Ltd.
PSO has a network of 3,528 retail outlets in addition to 19 depots, 14 airport refueling facilities, operations at two seaports, and Pakistan’s largest storage capacity of 1.14 million tons.


Gunmen kills seven laborers from Punjab province in Pakistan’s coastal Gwadar district

Updated 7 min 32 sec ago
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Gunmen kills seven laborers from Punjab province in Pakistan’s coastal Gwadar district

  • The assailants targeted the seven hair-salon workers while they were sleeping in a residential quarter
  • No group have claimed the attack, though Baloch separatists have targeted Punjabi workers in the past

QUETTA: A group of unidentified gunmen attacked a residential quarter in Gwadar, a coastal town in Pakistan, in the early hours of Thursday, killing seven laborers from Punjab province, confirmed a local administration official.
The attack, which occurred about 24 kilometers from central Gwadar city, targeted hair-salon workers from Khanewal district in Punjab while they were sleeping.
Speaking to Arab News, Deputy Commissioner of Gwadar Hamood-ur-Rehman said the assailants stormed the quarter around 4 AM and opened fire on the occupants.
“The attackers killed seven laborers belonging to Punjab province before escaping from the area,” he said. “One worker was injured in the attack and has been transferred to District Headquarter Hospital Gwadar for medical treatment.”
Rehman also mentioned the district administration and law enforcement agencies had started investigating the incident. So far, no group has claimed responsibility for the attack.
This is the third attack against laborers from Punjab within a month in Pakistan’s restive southwestern Balochistan province, which shares porous borders with Iran and Afghanistan and has experienced a low-scale insurgency by Baloch separatist groups against the Pakistani state.
In April, the proscribed Baloch Liberation Army (BLA) claimed responsibility for the killings of nine Punjab residents traveling to Iran from Quetta, the capital of Balochistan. In another incident last month, two Punjabi garage workers were targeted.
Baloch nationalists have long accused the Pakistani government and Punjab province of monopolizing profits from Balochistan’s abundant natural resources, saying it has led to political marginalization and economic exploitation.
However, Pakistani administrations have denied these allegations, citing several development initiatives launched in the province to improve local living conditions.
Gwadar, located on the Arabian Sea coast, plays a pivotal role in the multibillion-dollar China Pakistan Economic Corridor (CPEC) that is envisaged to enhance regional connectivity.
Despite being resource-rich, Balochistan remains Pakistan’s most sparsely populated and impoverished province.
“The slain laborers were shot multiple times,” Dr. Hafeez Baloch, the medical superintendent at DHQ Gwadar, told Arab News. “We found bullet injuries on their heads and bodies.”
“One injured individual, who was in stable condition, has been referred to Karachi for better treatment,” he added. “The bodies of the slain laborers have been returned to their native village in Punjab.”
Prime Minister Shahbaz Sharif condemned the killings, describing the incident as “a cowardly attack on the country by its enemies.”
“We will eradicate terrorism from the country and stand with the families who lost their loved ones in Gwadar,” he declared in a statement.
Meer Sarfaraz Bugti, the provincial chief minister, vowed to pursue the attackers, saying: “We will use all our might against these terrorists and establish the writ of the state.”


Gunmen kill seven barbers in Pakistan’s volatile Balochistan province

Updated 09 May 2024
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Gunmen kill seven barbers in Pakistan’s volatile Balochistan province

  • No group has claimed responsibility, though Baloch separatists have targeted people from Punjab in the past
  • The Pakistan government says it has quelled separatist insurgency, but violence in Balochistan has persisted

QUETTA: Attackers fatally shot seven barbers before dawn Thursday in a home in a volatile province in southwestern Pakistan, police and a government official said.
The killings occurred near the port city of Gwadar in Balochistan province, police official Mohsin Ali said. All of the barbers were from Punjab province and lived and worked together.
Provincial Interior Minister Ziaullah Langau condemned the killings and said police were investigating who was behind the attack.
There was no immediate claim of responsibility. Separatists in Balochistan have often killed workers and others from Punjab as part of a campaign to force them to leave the province, which for years has experienced a low-level insurgency by the Balochistan Liberation Army and other groups demanding independence from the central government in Islamabad. Islamist militants also have a presence in the province.
The government says it has quelled the separatist insurgency, but violence in the province has persisted.
Police said they believe the attack on the barbers was not related to their jobs. Last month, the Balochistan Liberation Army claimed responsibility for killing nine people from Punjab province who were abducted from a bus on a highway in Balochistan, saying it had information that spies were on the bus.
Separatists have also targeted people from Punjab working on coal-mine projects in Balochistan.
In January, gunmen killed six barbers in a former stronghold of the Pakistani Taliban in the country’s northwest near the Afghanistan border. Pakistani militants years ago banned the trimming of beards and haircuts in Western styles.


No casualties, four Hajj flights ‘operated,’ CAA says after Lahore airport fire

Updated 09 May 2024
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No casualties, four Hajj flights ‘operated,’ CAA says after Lahore airport fire

  • Local media widely reports delays, says immigration system damaged 
  • CAA did not identify a cause, media says fire caused by short circuiting

ISLAMABAD: The Pakistan Civil Aviation Authority (CAA) said on Thursday four Hajj flights scheduled to fly in the morning were “operated,” following a fire at an airport in the eastern city of Lahore in which local media widely reported the facility’s entire immigration system was gutted.
Pakistani media channels widely attributed the fire to short circuiting while the CAA did not specify a cause in its statement.
“The situation at the airport is gradually returning to normal and no casualties have been reported,” the Authority said. “All agencies at the airport are trying to bring the situation back to normal.”
The statement said four Hajj flights scheduled to depart from the airport on Thursday morning had been “operated.”
“Normal operations will be restored as soon as the technical issues are overcome,” the statement concluded.
Several Pakistani outlets reported that the fire damaged the immigration system partially, after which the process of immigration was halted. Airport authorities also evacuated several passengers from the international immigration lounge due to heavy smoke and shifted them to the domestic lounge.
While the CAA did not report flight delays, Pakistani media widely reported that a total of six flights, including a Qatar Airways flight, had been delayed.


Qatari minister arrives in Islamabad today amid Pakistan’s active investment outreach

Updated 09 May 2024
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Qatari minister arrives in Islamabad today amid Pakistan’s active investment outreach

  • Dr. Mohammed bin Abdulaziz Al-Khulaifi is expected to meet Prime Minister Shehbaz Sharif, other officials
  • Pakistan previously showed interest in Qatar’s IT sector and sent its a delegation to the Arab state in December

ISLAMABAD: Qatar’s Minister of State for Foreign Affairs Dr. Mohammed bin Abdulaziz Al-Khulaifi will arrive in Pakistan today to meet with Prime Minister Shehbaz Sharif and other officials, as the government actively seeks foreign investment to tackle financial challenges.
Pakistan has welcomed numerous foreign officials and business delegations in recent weeks, encouraging local partnerships and asking them to explore investment opportunities across various economic sectors.
A Saudi business delegation, consisting of senior representatives from nearly 35 companies, recently concluded their visit to Pakistan, during which they held several business-to-business meetings.
Additionally, Prime Minister Shehbaz Sharif met with a group of Japanese industrialists, urging them to invest in Pakistan’s nascent electric car industry.
The country is also expecting the visit of Saudi Crown Prince Mohammed bin Salman later this month, hoping it would bring several billion dollars in investments.
“The Minister of State for Foreign Affairs of the State of Qatar, Dr. Mohammed bin Abdulaziz Al-Khulaifi will visit Pakistan on 9 May 2024, as a special envoy of the Prime Minister and Foreign Minister of the State of Qatar Sheikh Mohammed bin Abdulrehman bin Jassim Al Thani,” the foreign office said in a statement.
“In Islamabad, the Minister of State will call on Prime Minister Muhammad Shehbaz Sharif and on Deputy Prime Minister and the Foreign Minister Mohammad Ishaq Dar,” it continued. “Pakistan and Qatar have longstanding and multifaceted bilateral relations characterized by high-level exchanges and visits.”
The foreign office did not divulge specific details about the agenda of the visit. However, Pakistan has expressed interest in Qatar’s information technology sector and sent the first delegation of IT professionals to Qatar last December.
Many countries in the Gulf region are diversifying their economies beyond oil and gas by investing in technology sectors, creating innovation hubs and developing digital infrastructure to boost various industries.
The strategic shift includes a significant emphasis on adopting advanced digital technologies, such as AI, cloud computing and cybersecurity, with the goal of transforming these nations into knowledge-based economies.
Qatar has also moved in this direction by investing in tech startups and committing to host technologically advanced events such as the FIFA World Cup 2022.
Qatar has also been working actively to promote peace in regions like Afghanistan and, more recently, Gaza.
These issues have been central to Pakistan’s diplomatic engagements, and the two countries have discussed them in past meetings.