11 militants gunned down in response to roadside bombing that killed Pakistani soldiers— army 

Pakistan Army personnel patrol stand guard on a street in Peshawar on February 7, 2024, (AFP/File)
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Updated 11 June 2024
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11 militants gunned down in response to roadside bombing that killed Pakistani soldiers— army 

  • Militants gunned down in Lakki Marwat district in intelligence-based operation, says army 
  • Pakistan has seen surge in militancy since Nov. 2022 after fragile truce with militants ended

ISLAMABAD: Security forces killed 11 militants in northwestern Pakistan on Tuesday in response to a roadside bombing that killed seven soldiers last week, the army’s media wing said. 

A military truck was targeted by an Improvised Explosive Device (IED) blast on Sunday in Pakistan’s northwestern Lakki Marwat district. An army captain and six soldiers were killed in the attack.

Prime Minister Shehbaz Sharif attended the captain’s funeral in Chunian city on Monday, vowing that his government would eliminate “terrorism” from the country. 

The Inter-Services Public Relations (ISPR) said in a media release that the army launched an intelligence-based operation on Monday night in Lakki Marwat ” to bring perpetrators of the heinous act to justice.”

“Sanitization operation is being carried out to eliminate any other terrorist found in the area as the security forces are determined to wipe out the menace of terrorism from the country,” the army’s media wing said. 

It added that multiple “terrorist” hideouts were also destroyed during the operation. 

In a statement released by his office, Sharif praised Pakistan’s security forces for conducting the successful operation. 

“Security forces have always acted like an iron wall in the war against terrorism,” Sharif was quoted as saying by the Prime Minister’s Office (PMO). 

“The entire nation stands with the security forces. We stand with our martyrs and the victorious soldiers.”

Pakistan’s northwestern Khyber Pakhtunkhwa (KP) province, which borders Afghanistan, has witnessed several attacks on police, security forces and civilians amid a renewed wave of violence in recent months. 

While no group immediately claimed responsibility for the Sunday attack on the military, suspicion is likely to fall on the Tehreek-e-Taliban Pakistan (TTP), which has claimed dozens of recent attacks.

The South Asian country has witnessed a renewed surge in militant violence in its two western provinces, KP and Balochistan since the TTP called off its fragile truce with the government in November 2022.

Pakistan has blamed the surge in violence on militants operating out of neighboring Afghanistan. Kabul denies the allegations and says rising violence in Pakistan is a domestic issue that Islamabad must deal with itself.


Pakistan says PIA stake sale will trigger ‘greater investor interest’ for privatization of DISCOs

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Pakistan says PIA stake sale will trigger ‘greater investor interest’ for privatization of DISCOs

  • Pakistan to next focus on privatizing Islamabad, Gujranwala and Faisalabad electric supply companies, says state minister
  • Pakistan’s power sector has drained its public finances due to high losses, inefficiencies and mounting subsidies over the years

ISLAMABAD: State Minister for Finance Bilal Azhar Kayani this week said the government’s move to successfully sell its stake in the state-owned Pakistan International Airlines (PIA) will trigger greater investor interest in Islamabad’s privatization program. 

In December, a consortium led by the Arif Habib Group won the bid for a 75 percent controlling stake in Pakistan’s flag carrier by offering Rs 135 billion ($482 million).

Pakistan’s government has undertaken the drive to privatize or restructure its loss-making state-owned enterprises (SOEs) at the International Monetary Fund’s (IMF) insistence.

In an interview with the state-run Pakistan Digital on Thursday, Kayani said the government will next focus on privatizing electricity distribution companies (DISCOs) such as the Islamabad Electric Supply Company (IESCO), Gujranwala Electric Supply Company (GESCO) and Faisalabad Electric Supply Company (FESCO).

“The momentum created by the PIA deal will help generate greater investor and advisory interest going forward for the privatization program,” Kayani was quoted as saying by Pakistan Digital. 

“The next phase of privatization is focused on electricity distribution companies, including IESCO, GEPCO and FESCO.”

The power sector has drained Pakistan’s public finances due to high losses, inefficiencies and mounting subsidies, making it a central focus of Pakistan’s reform agenda under the IMF program.

Pakistan’s Privatization czar Muhammad Ali last month announced the government plans to issue Expressions of Interest (EoIs) for the privatization of state-owned DISCOs in January. 

Pakistan’s government owns or controls much of the power infrastructure. It is also grappling with ballooning “circular debt,” or unpaid bills and subsidies, that have choked the power sector and weighed on the economy.