Pakistan calls for ‘utmost restraint’ as Iran launches retaliatory strikes against Israel 

This video grab from AFPTV taken on April 14, 2024 shows explosions lighting up the sky in Hebron in the Israeli-occupied West Bank during an Iranian attack on Israel. (AFP)
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Updated 14 April 2024
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Pakistan calls for ‘utmost restraint’ as Iran launches retaliatory strikes against Israel 

  • Iran launched a swarm of explosive drones and missiles at Israel late on Saturday 
  • Pakistan watching situation in Middle East with “deep concern,” says foreign office

ISLAMABAD: Pakistan’s foreign office on Sunday expressed deep concern over the escalation of hostilities in the Middle East following Iran’s retaliatory strikes against Israel, urging all parties to exercise “utmost restraint” and work toward de-escalation of tensions. 

The statement comes in response to Iran launching a swarm of explosive drones and firing missiles at Israel late on Saturday in its first ever direct attack on Israeli territory, risking a major escalation in the Middle East. 

Israel’s military said more than 100 drones were launched from Iran, with security sources in Iraq and Jordan reporting dozens seen flying overhead and US officials saying the American military had shot some down.

Pakistan’s foreign office said in a statement that Islamabad was watching the situation in the Middle East with “deep concern.”

“It is now critically urgent to stabilize the situation and restore peace,” it said. “We call on all parties to exercise utmost restraint and move toward de-escalation.”

Iran launched the missiles and drone attacks against Israel for what it said was a retaliatory attack against an Israeli strike on its Damascus consulate on April 1 that killed seven Revolutionary Guards officers, including two senior commanders. 

The foreign office said Pakistan had pointed to the dangers of the attack on the Iranian consular office in Syria as a “major escalation” in an already volatile region.

“Today’s developments demonstrate the consequences of the breakdown of diplomacy,” it said.
“These also underline the grave implications in cases where the UN Security Council is unable to fulfill its responsibilities of maintaining international peace and security.”

The Gaza war between Israel and Hamas, now in its seventh month, has driven up tensions in the region, spreading to fronts with Lebanon and Syria and drawing long-range fire at Israeli targets from as far away as Yemen and Iraq.

Pakistan, which does not have diplomatic relations with Israel, has urged the international community to intervene and impose a ceasefire in the Middle East. 

Islamabad has consistently demanded a separate homeland for the Palestinians in accordance with their wishes, and with Al Quds Al Sharif as its capital.


Pakistan, ADB sign $730 loan agreements to boost SOE reforms, energy infrastructure

Updated 25 December 2025
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Pakistan, ADB sign $730 loan agreements to boost SOE reforms, energy infrastructure

  • Both sign $330 million Power Transmission Strengthening Project and $400 million SOE Transformation Program loan agreements
  • Economic Affairs Division official says Transmission Project will secure Pakistan’s energy future by strengthening national grid’s backbone

KARACHI: Pakistan and the Asian Development Bank (ADB) on Thursday signed two loan agreements totaling $730 million to boost reforms in state-owned enterprises (SOEs) and energy infrastructure in the country, the bank said.

The first of the two agreements pertains to the SOE Transformation Program worth $400 million while the second loan, worth $330 million, is for a Power Transmission Strengthening Project, the lender said. 

The agreements were signed by ADB Country Director for Pakistan Emma Fan and Pakistan’s Secretary of Economic Affairs Division Humair Karim. 

“The agreements demonstrate ADB’s enduring commitment to supporting sustainable and inclusive economic growth in Pakistan,” the ADB said. 

Pakistan’s SOEs have incurred losses worth billions of dollars over the years due to financial mismanagement and corruption. These entities, including the country’s national airline Pakistan International Airlines, which was sold to a private group this week, have relied on subsequent government bailouts over the years to operate.

The ADB approved the $400 million loan for SOE reforms on Dec. 12. It said the program seeks to improve governance and optimize the performance of Pakistan’s commercial SOEs. 

Karim highlighted that the Power Transmission Strengthening Project will enable reliable evacuation of 2,300 MW from Pakistan’s upcoming hydropower projects, relieve overloading of existing transmission lines and enhance resilience under contingency conditions, the Press Information Department (PID) said. 

“The Secretary emphasized that both initiatives are transformative in nature as the Transmission Project will secure Pakistan’s energy future by strengthening the backbone of the national grid whereas the SOE Program will enhance transparency, efficiency and sustainability of state-owned enterprises nationwide,” the PID said. 

The ADB has supported reforms by Pakistan to strengthen its public finance and social protection systems. It has also undertaken programs in the country to help with post-flood reconstruction, improve food security and social and human capital. 

To date, ADB says it has committed 764 public sector loans, grants and technical assistance totaling $43.4 billion to Pakistan.