Rain this week in upper parts of Pakistan to subside heat wave conditions— Met Office

A customer carrying an umbrella visits a shop selling air coolers on a hot summer afternoon, at a market in Rawalpindi on May 30, 2024 amid the ongoing heatwave. (AFP/File)
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Updated 04 June 2024
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Rain this week in upper parts of Pakistan to subside heat wave conditions— Met Office

  • Shallow westerly wave likely to enter upper and central parts of Pakistan on Tuesday evening, says Met Office
  • Pakistan’s National Institute of Health warns of rise in diarrhea cases as heat wave rages on in many parts of country

ISLAMABAD: Pakistan’s Meteorological Department (PMD) this week forecast rain in the country’s upper parts from June 4-7, saying that rainfall is likely to subside heat wave conditions across the South Asian nation. 

Pakistan has been in the grip of a severe heat wave that has affected other parts of South Asia since last week. Temperatures in southern parts of the country, notably Jacobabad in Sindh, crossed 50 degrees Celsius as health experts and doctors urged people to stay infoors and drink plenty of water and juices to stay hydrated. 

Increased exposure to heat, and more heat waves, have been identified as one of the key impacts of climate change in Pakistan, with people experiencing extreme heat and seeing some of the highest temperatures in the world in recent years. The South Asian country of more than 241 million, one of the ten most vulnerable nations to climate change impacts, has also recently witnessed untimely downpours, flash floods and droughts.

“Met office informed that a shallow westerly wave is likely to enter upper and central parts of the country on Tuesday (evening/night) and may persist during next 03 days,” the PMD said in a statement on June 3. “Heat wave conditions are likely to subside in the country during the forecast period.”
The Met Office said rainfall is expected in Islamabad, Rawalpindi, Murree, Galliyat, Attock, Chakwal, Jhelum, Mandi Bahauddin, Gujrat, Gujranwala, Hafizabad, Sialkot, Narowal, Lahore, Kasur, Okara, Sheikhupura, Faisalabad, Toba Tek Singh, Jhang, Khushab, Sargodha and Mianwali from June 4-6 with occasional gaps.
In the southwestern Balochistan, it forecast thunderstorms with isolated rain in Quetta, Zhob, Ziarat, Sherani, Kohlu, Musakhel, Dera Bugti and Barkhan from June 5-7 with occasional gaps. In Sindh, dust storms accompanied by isolated rain-thunderstorms are expected in Sukkur, Jacobabad, Kashmore and Larkana on June 6-7, the Met Office said. 

In Pakistan’s northwestern Khyber Pakhtunkhwa province, rainfall is expected in Chitral, Dir, Swat, Abbottabad, Mansehra, Haripur, Kohistan, Shangla, Buner, Malakand, Kohat, Bajaur, Mohmand, Khyber, Peshawar, Mardan and Kurram from June 4-8.

The Met Office said rain and thunderstorms were expected in Gilgit-Baltistan including Diamer, Astore, Ghizer, Skardu, Hunza, Gilgit, Ghanche, Shigar, and parts of Kashmir from June 4-8. 

Meanwhile, Pakistan’s National Institute of Health (NIH) issued an advisory for health authorities about the prevention and timely control of cholera, given the increase in temperatures. According to the advisory, cholera is caused by an infection in the intestines. 

“Pakistan is also vulnerable to cholera outbreaks, and cases of this disease are reported from various parts of the country,” the NIH said, adding that cholera cases may rise during the hot and rainy seasons from May to November.

The NIH said poor sanitation and lack of drinking water contributed to the spread of cholera in different parts of the country.


Islamabad dismisses claims about paying up to 8 percent interest on foreign loans as ‘misleading’

Updated 22 February 2026
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Islamabad dismisses claims about paying up to 8 percent interest on foreign loans as ‘misleading’

  • Pakistan has long relied on external loans to help bridge persistent gaps in public finances and foreign exchange reserves
  • Pakistan’s total external debt, liabilities stand at $138 billion at an overall average cost of around 4 percent, ministry says

KARACHI: Pakistan’s finance ministry on Sunday dismissed as “misleading” claims that the country is paying up to 8 percent interest on external loans, saying the overall average cost of external public debt is approximately 4 percent.

Pakistan has long relied on external loans to help bridge persistent gaps in public finances and foreign exchange reserves, driven largely by a narrow tax base, chronic trade deficits, rising debt-servicing costs and repeated balance-of-payments pressures.

Over the decades, successive governments have turned to multilateral and bilateral lenders, including the International Monetary Fund, the World Bank and the Asian Development Bank, to support budgetary needs and shore up foreign exchange reserves.

The finance ministry on Sunday issued a clarification in response to a “recent press commentary” regarding the country’s external debt position and associated interest payments, and said the figures required contextual explanation to ensure accurate understanding of Pakistan’s external debt profile.

“Pakistan’s total external debt and liabilities currently stand at $138 billion. This figure, however, encompasses a broad range of obligations, including public and publicly guaranteed debt, debt of Public Sector Enterprises (both guaranteed and non-guaranteed), bank borrowings, private-sector external debt, and intercompany liabilities to direct investors. It is therefore important to distinguish this aggregate figure from External Public (Government) Debt, which amounts to approximately $92 billion,” it said.

“Of the total External Public Debt, nearly 75 percent comprises concessional and long-term financing obtained from multilateral institutions (excluding the IMF) and bilateral development partners. Only about 7 percent of this debt consists of commercial loans, while another 7 percent relates to long-term Eurobonds. In light of this composition, the claim that Pakistan is paying interest on external loans ‘up to 8 percent’ is misleading.

The overall average cost of External Public Debt is approximately 4 percent, reflecting the predominantly concessional nature of the borrowing portfolio.”

With respect to interest payments, public external debt interest outflows increased from $1.99 billion in Fiscal Year (FY) 2022 to $3.59 billion in FY2025, representing an increase of 80.4 percent, not 84 percent as reported. In absolute terms, interest payments rose by $1.60 billion over this period, not $1.67 billion, it said.

According to the State Bank of Pakistan’s records, Pakistan’s total debt servicing payments to specific creditors during the period under reference were as follows: the IMF received $1.50 billion, of which $580 million constituted interest; Naya Pakistan Certificates payments totaled $1.56 billion, including $94 million in interest; the Asian Development Bank received $1.54 billion, including $615 million in interest; the World Bank received $1.25 billion, including $419 million in interest; and external commercial loans amounted to nearly $3 billion, of which $327 million represented interest payments.

“While interest payments have increased in absolute terms, this rise cannot be attributed solely to an expansion in the debt stock,” the ministry said. “Although the overall debt stock has increased slightly since FY2022, the additional inflows have primarily originated from concessional multilateral sources and the IMF’s Extended Fund Facility (EFF) under the ongoing IMF-supported program.”

Pakistan secured a $7 billion IMF bailout in Sept. 2024 as part of Prime Minister Shehbaz Sharif’s efforts to stabilize the South Asian economy that narrowly averted a default in 2023. The government has since been making efforts to boost trade and bring in foreign investment to consolidate recovery.

“It is also important to note that the increase in interest payments reflects prevailing global interest rate dynamics. In response to the inflation surge of 2021–22, the US Federal Reserve raised the federal funds rate from 0.75-1.00 percent in May 2022 to 5.25–5.50 percent by July 2023. Although rates have since moderated to around 3.75 percent, they remain significantly higher than 2022 levels,” the finance ministry said.

“The government remains committed to prudent debt management, transparency, and the continued strengthening of Pakistan’s macroeconomic stability,” it added.