ISLAMABAD: Pakistan’s deputy prime minister and foreign minister, Ishaq Dar, on Sunday telephoned Malaysian Foreign Minister Hajji Mohamad bin Hajji and offered Islamabad’s assistance following the evacuation of more than 122,000 people due to recent floods in Malaysia, the Pakistani foreign ministry said.
The massive floods, caused by relentless rains, swept through Malaysia’s northern states, killing at least four people, according to Malaysian disaster management officials.
The number surpassed the 118,000 evacuated during one of the country’s worst floodings in 2014, and officials feared it could rise further as there was no let-up in torrential downpours.
During the telephonic conversation, Dar offered his deepest sympathies on the tragic loss of lives and property in Malaysia, according to the Pakistani foreign ministry.
“He conveyed Pakistan’s full solidarity with the people of Malaysia and the readiness to extend immediate humanitarian assistance to Malaysia in this difficult time,” the Pakistani ministry said in a statement.
“The two ministers also agreed to encourage the disaster relief authorities of the two countries to continue discussions on humanitarian support from Pakistan.”
Pakistan and Malaysia enjoy a strong bilateral relationship, rooted in shared Islamic values and historical ties.
Since 1957, they’ve fostered economic cooperation, defense collaborations, and cultural exchange. The Pakistan-Malaysia Free Trade Agreement of 2008 boosted trade and investment, while regular high-level visits have solidified their partnership, underpinned by mutual respect and trust.
Pakistan offers support to Malaysia after floods displace over 122,000
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Pakistan offers support to Malaysia after floods displace over 122,000
- The number even surpassed the 118,000 evacuated during one of Malaysia’s worst floodings in 2014
- Both countries agree to encourage the two relief authorities to hold discussions on support from Pakistan
Pakistan says repaid over $13.06 billion domestic debt early in last 14 months
- Finance adviser says repayment shows “decisive shift” toward fiscal discipline, responsible economic management
- Says Pakistan’s total public debt has declined from over $286.6 billion in June 2025 to $284.7 billion in November 2025
KARACHI: Pakistan has repaid Rs3,650 billion [$13.06 billion] in domestic debt before time during the last 14 months, Adviser to the Finance Minister Khurram Schehzad said on Thursday, adding that the achievement reflected a shift in the country’s approach toward fiscal discipline.
Schehzad said Pakistan has been repaying its debt before maturity, owed to the market as well as the State Bank of Pakistan (SBP), since December 2024. He said the government had repaid the central bank Rs300 billion [$1.08 billion] in its latest repayment on Thursday.
“This landmark achievement reflects a decisive shift toward fiscal discipline, credibility, and responsible economic management,” Schehzad wrote on social media platform X.
Giving a breakdown of what he said was Pakistan’s “early debt retirement journey,” the finance official said Pakistan retired Rs1,000 billion [$3.576 billion] in December 2024, Rs500 billion [$1.78 billion] in June 2025, Rs1,160 billion [$4.150 billion] in August 2025, Rs200 billion [$715 million] in October 2025, Rs494 billion [$1.76 billion] in December 2025 and $1.08 billion in January 2026.
He said with the latest debt repaid today, the July to January period of fiscal year 2026 alone recorded Rs2,150 billion [$7.69 billion] in early retirement, which was 44 percent higher than the debt retired in FY25.
He said of the total early repayments, the government has repaid 65 percent of the central bank’s debt, 30 percent of the treasury bills debt and five percent of the Pakistan Investment Bonds (PIBs) debt.
The official said Pakistan’s total public debt has declined from over Rs 80.5 trillion [$286.6 billion] in June 2025 to Rs80 trillion [$284.7 billion] in November 2025.
“Crucially, Pakistan’s debt-to-GDP ratio, around 74 percent in FY22, has declined to around 70 percent, reflecting a broader strengthening of fiscal fundamentals alongside disciplined debt management,” Schehzad wrote.
Pakistan’s government has said the country’s fragile economy is on an upward trajectory. The South Asian country has been trying to navigate a tricky path to economic recovery under a $7 billion loan from the International Monetary Fund.
