ISLAMABAD: An army captain among two Pakistani soldiers and eight militants were killed in two separate operations in Pakistan’s northwestern Khyber Pakhtunkhwa (KP) province, the Pakistani military said on Sunday.
Five militants were killed and nine others sustained injuries in an intelligence-based operation in KP’s Bannu district, while a Pakistani soldier died during the gunfight, according to the Inter-Services Public Relations (ISPR), the military’s media wing.
In another operation in the Khyber district, three militants were killed, while two others were apprehended by the security forces. The exchange of fire also killed Captain Muhammad Zohaib Ud Din, who was leading the troops.
“Sanitization operations are being conducted to eliminate any other kharji [militant] found in the area,” the ISPR said in a statement.
“Security forces of Pakistan are determined to wipe out the menace of terrorism from the country and such sacrifices of our brave soldiers further strengthen our resolve.”
Khyber Pakhtunkhwa, which borders Afghanistan, has witnessed a number of attacks by the Tehreek-e-Taliban Pakistan (TTP) and other militant groups that targeted security forces convoys and check posts, besides targeted killings and kidnappings of law enforcers and government officials in recent months.
Last month, Pakistani security forces killed four militants in two separate encounters in KP’s North Waziristan district, according to the Pakistani military. In October, nine militants were killed in an overnight raid in the Bajaur tribal district.
Pakistan has frequently accused neighboring Afghanistan of sheltering and supporting militant groups, urging the Taliban administration in Kabul to prevent its territory from being used by armed factions to launch cross-border attacks.
Afghan officials, however, deny involvement, insisting Pakistan’s security issues are an internal matter of Islamabad.
Army captain among two soldiers, eight militants killed in northwest Pakistan
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Army captain among two soldiers, eight militants killed in northwest Pakistan
- The deaths occurred in separate operations in Khyber Pakhtunkhwa, which borders Afghanistan
- Pakistan blames the surge in militancy on militants operating out of Afghanistan, Kabul denies it
Pakistan forecasts inflation to remain in moderate 5.5-6.5 percent range
- Finance Division report says robust remittance inflows, steady performance of IT, service sectors to cushion external pressures
- Consumer inflation in Pakistan has significantly reduced over the years when it surged to a record high of 38 percent in May 2023
ISLAMABAD: Inflation is expected to remain in the moderate range of 5.5 to 6.5 percent for December, the Finance Division said in its Monthly Economic Outlook report on Wednesday.
Pakistan reported inflation at 6.1 percent on a year-on-year basis in November as compared to 6.2 percent in October. Pakistan’s inflation rate rose to a record high of 38 percent in May 2023 on account of surging food and fuel costs as Islamabad scrapped subsidies as part of a financial deal agreed with the International Monetary Fund (IMF).
“Inflation is projected to remain moderate, in the range of 5.5-6.5 percent in December, primarily reflecting base effect,” the report said.
The Finance Division’s report said Pakistan’s economic outlook remains “positive,” driven by sustained growth in industrial activity due to continued momentum in textiles, automobiles, cement and food processing sectors.
“Robust remittance inflows and steady performance in IT and services exports are likely to cushion external pressures,” the report said.
The report said Pakistan’s current account recorded a surplus of $100 million while it posted a deficit of $812 million during the July-November period.
It said remittances increased by 9.3 percent to $16.1 billion in November, led by inflows from Saudi Arabia (24.2 percent) and the UAE (20.8 percent), while the net foreign direct investment inflows were recorded at $927.4 million during the same July to November period.
It said Pakistan’s fiscal consolidation is expected to continue supporting macroeconomic stability, with government efforts in expenditure management, enhanced tax collection and structural reforms contributing to sustainable growth.
“Overall, Pakistan’s economy is projected to maintain its positive momentum in the coming months, driven by industrial growth, improved governance, digitalization, and prudent macroeconomic management,” the report said.
