Pakistan president meets Prince Rahim Aga Khan V, condoles over death of his ‘visionary’ father

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In this handout photo, released by the Associated Press of Pakistan, Pakistan President Asif Ali Zardari (left) condoles death of Prince Karim Aga Khan IV during a meeting with his son Prince Rahim Al-Hussaini Aga Khan V, spiritual leader of the Ismaili community, in Lisbon, Portugal on February 10, 2025. (APP)
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People carry the coffin of Prince Karim Al-Hussaini, the Aga Khan IV and 49th hereditary imam of the Shiite Ismaili Muslims, who died Tuesday in Portugal, to be buried at the Aga Khan mausoleum, in Aswan, Egypt, on Feb. 9, 2025. (AP)
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Updated 10 February 2025
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Pakistan president meets Prince Rahim Aga Khan V, condoles over death of his ‘visionary’ father

  • Prince Karim Aga Khan IV passed away in Lisbon last week at the age of 88 years
  • He was known for his contributions to education, health care and poverty alleviation

ISLAMABAD: Pakistan President Asif Ali Zardari on Monday met with Prince Rahim Al-Hussaini Aga Khan V, spiritual leader of the Ismaili community, in Portugal’s capital Lisbon and extended his condolences over the death of his “visionary” father, Prince Karim Aga Khan IV, the Pakistani foreign ministry said.
The late Aga Khan IV, who led the global Ismaili community for nearly seven decades, passed away last week at the age of 88. His death was announced by the Aga Khan Development Network (AKDN) and the Ismaili religious community.
A private funeral service took place at the Ismaili community center in Lisbon on Saturday, attended by Canadian Prime Minister Justin Trudeau, Spanish King Juan Carlos, Portugal’s President Marcelo Rebelo de Sousa and Pakistan’s Finance Minister Muhammad Aurangzeb. He was laid to rest on Sunday at a private ceremony in Aswan, Egypt.
Following the late Aga Khan’s passing, his eldest son, Prince Rahim Al-Hussaini, 53, was named the Aga Khan V, the 50th hereditary Imam of the Ismaili community, in accordance with his father’s will.
“Remembering the late Aga Khan as a visionary leader and humanitarian, the President praised his exceptional contributions to education, health care, and poverty alleviation,” the Pakistani foreign ministry said.
“He highlighted the Aga Khan Development Network’s (AKDN) lasting impact, including its vital role in Pakistan’s progress, particularly in underserved regions.”
Founded by the late Ismaili leader, the AKDN has been instrumental in various development projects in Pakistan, particularly in Gilgit-Baltistan and Chitral regions.
Initiatives such as the Aga Khan Rural Support Program have focused on poverty alleviation, health care, education and cultural preservation, significantly contributing to the socio-economic development of these areas. The Ismaili community in Pakistan, numbering in hundreds of thousands, has benefited from these initiatives, which have also had a positive impact on the national economy through improved infrastructure and human development.
During Monday’s meeting, Prince Rahim Aga Khan V thanked the Pakistan president for his condolences and reaffirmed his family’s commitment to continuing the mission of service and development, according to the Pakistani foreign ministry.
Zardari will also meet his Portuguese counterpart during his trip to the country, according to Pakistani state media.


Pakistan reviews austerity measures amid Middle East crisis, urges strict nationwide implementation

Updated 11 March 2026
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Pakistan reviews austerity measures amid Middle East crisis, urges strict nationwide implementation

  • Deputy Prime Minister Ishaq Dar chairs review meeting of austerity steps
  • Officials briefed on salary cuts, school closures, four‑day week, petrol conservation

ISLAMABAD: Pakistan’s government on Wednesday assessed progress on a sweeping set of austerity measures introduced to mitigate the country’s economic strain from sharply rising global oil prices and supply disruptions linked to the ongoing war in the Middle East.

Prime Minister Shehbaz Sharif this week announced a series of austerity steps, including a four‑day work week for government offices, requiring 50  percent of staff to work from home, cutting fuel allowances for official vehicles by half, grounding up to 60  percent of the government fleet and closing all schools for two weeks to conserve fuel amid the global oil crisis.

The measures were unveiled in response to global oil market volatility triggered by the conflict involving the United States, Israel and Iran, which has disrupted supply routes such as the Strait of Hormuz and pushed crude prices sharply higher, straining Pakistan’s heavily import‑dependent energy sector.

“The meeting stressed the importance of strict and transparent adherence to the austerity measures, promoting fiscal responsibility and prudent use of public resources,” Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar said in a statement.

He was chairing a meeting of the Committee for Monitoring and Implementation of Conservation and Additional Austerity Measures, constituted under the directions of the PM, bringing together federal and provincial officials to review execution of the broad cost‑cutting plan. 

Dar emphasized the government’s commitment to enforcing the PM’s austerity steps nationwide. The committee’s review also covered reductions in departmental expenditure, deductions from salaries of senior officials earning over Rs. 300,000 ($1,120), and coordination with provincial administrations to ensure uniform implementation of the plan.

Participants at the meeting reiterated that all ministries and divisions must continue strict monitoring and reporting, with transparent oversight mechanisms, as Pakistan navigates the economic pressures from the prolonged Middle East crisis and its fallout on global energy and trade markets.