Pakistan PM to visit Azad Kashmir ‘in few days’ to review situation after violent protests

People raise their hands as they chant slogans while attending the funeral of people, who were killed during a protest by an alliance of civil rights groups, demanding the subsidy on electricity and wheat prices in the face of rising inflation, in Muzaffarabad, Pakistan-ruled Kashmir, Pakistan May 14, 2024. (REUTERS)
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Updated 14 May 2024
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Pakistan PM to visit Azad Kashmir ‘in few days’ to review situation after violent protests

  • At least four people were killed in protests over subsidized wheat flour and electricity that began on May 11
  • The protests were called off on Tuesday after Pakistan approved $83 million subsidies for the disputed region

ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif has announced visiting Azad Jammu and Kashmir (AJK) “in a few days” to personally review the situation after days-long violent protests over subsidies, Pakistani state media reported on Tuesday.

At least three protesters and a police officer were killed and several others wounded in days of clashes between demonstrators demanding subsidies on wheat flour and electricity and law enforcement.

The protests were called off on Tuesday, a day after Pakistan announced $83 million subsidies and prompted the regional government to notify a reduction in prices of wheat flour and electricity.

On Tuesday, Sharif presided over a meeting of his cabinet to discuss the situation in Azad Kashmir, the state-run Radio Pakistan broadcaster reported.

“Prime Minister Shehbaz Sharif has announced to visit Azad Jammu and Kashmir in a few days to personally review the ground situation and promote the tendency of resolving issues at the dialogue table,” the report read.

“He said Kashmir is the jugular vein of Pakistan as declared by the founder of Pakistan, and maintaining law and order there is the top priority.”

The Himalayan territory of Kashmir has been divided between India and Pakistan since their independence from Britain in 1947, with both countries ruling part of the territory but claiming it in full.

The western portion of the larger Kashmir region is administered by Pakistan as a nominally self-governing entity, while India rules the southern portion as a union territory.

While the Indian portion has faced an ongoing insurgency for decades and multiple armed attempts by the state to quell it, the Pakistani side has remained relatively calm over the decades, though it is also highly militarized.

The Jammu Kashmir Joint Awami Action Committee (JAAC) had organized the protests that began on May 11. “On the appeal of the Awami Action Committee, it has been decided to end the ongoing lockdown and wheel-jam strike across Azad Kashmir,” Amjad Ali Khan, a member of the JAAC core committee, told Arab News on Tuesday.

Presiding over the cabinet meeting, Sharif commended the AJK government for demonstrating restraint to foil “nefarious designs of the elements, who intend to sabotage the situation under the pretext of protests,” according to the Radio Pakistan report.

He thanked Pakistan President Asif Ali Zardari and AJK PM Anwar-ul-Haq for their cooperation in resolving the issue “amicably.”


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

Updated 19 February 2026
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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.