Pakistan PM hopes pause in Gaza fighting converts into ‘permanent ceasefire’

Pakistan Prime Minister Shehbaz Sharif (left) meets Azerbaijan President Ilham Aliyev in Baku on February 24, 2025. (Government of Paksitan)
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Updated 24 February 2025
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Pakistan PM hopes pause in Gaza fighting converts into ‘permanent ceasefire’

  • Israel, Hamas agreed to uneasy truce in January after 15 months of fighting 
  • Dream of a Palestinian state to materialize sooner than later, says Shehbaz Sharif 

ISLAMABAD: Pakistan’s Prime Minister Shehbaz Sharif on Monday hoped that the brief pause in fighting in Gaza between Hamas and Israel turns into a permanent ceasefire so that the dream of a Palestinian state can be materialized “sooner rather than later.”

Israel and Hamas agreed to an uneasy truce in January which brought about a pause in 15 months of fighting between the two sides. The first phase of the uneasy truce is due to expire in early March and details of a planned subsequent phase have not been agreed.

Tensions, however, have once again surged despite the truce and a series of exchange of prisoners between both sides. Israel on Sunday announced an expansion of military operations against Palestinians in the occupied West Bank, where violence has soared throughout the Gaza war. 

Speaking at a joint press conference with Azerbaijan President Ilham Aliyev in Baku, Sharif said there is “complete unanimity” among Pakistan and Azerbaijan on the need for a two-state solution to resolve the Middle East crisis. 

“And I think today is the time that this pause in Gaza will now be converted into a permanent ceasefire,” Sharif told reporters. “And then I think the dream of a two-state [solution] of this area, the Palestine state, will be materialized in times to come sooner rather than later.”

Israel killed around 48,000 Palestinians in Gaza via relentless aerial bombardment and ground military offensives since Hamas’ surprise attack on Oct. 7, 2023. The attack resulted in the deaths of more than 1,200 people and Hamas taking 251 Israeli hostages. 

Since the ceasefire took hold on Jan. 19, Hamas has released 25 living Israeli hostages in staged ceremonies, often flanked by masked gunmen and forced to speak.

After six were freed on Saturday, Israel put off the planned release of more than 600 Palestinians, citing what Netanyahu called “humiliating ceremonies” in Gaza.

Pakistan does not recognize nor have diplomatic relations with Israel and calls for an independent Palestinian state based on “internationally agreed parameters.”

Since the beginning of Israel’s war in 2023, the South Asian country has dispatched several relief consignments for Gaza, besides establishing the ‘Prime Minister’s Relief Fund’ that aims to collect public donations for the war-affected people.


Pakistan, ADB sign $730 loan agreements to boost SOE reforms, energy infrastructure

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Pakistan, ADB sign $730 loan agreements to boost SOE reforms, energy infrastructure

  • Both sign $330 million Power Transmission Strengthening Project and $400 million SOE Transformation Program loan agreements
  • Economic Affairs Division official says Transmission Project will secure Pakistan’s energy future by strengthening national grid’s backbone

KARACHI: Pakistan and the Asian Development Bank (ADB) on Thursday signed two loan agreements totaling $730 million to boost reforms in state-owned enterprises (SOEs) and energy infrastructure in the country, the bank said.

The first of the two agreements pertains to the SOE Transformation Program worth $400 million while the second loan, worth $330 million, is for a Power Transmission Strengthening Project, the lender said. 

The agreements were signed by ADB Country Director for Pakistan Emma Fan and Pakistan’s Secretary of Economic Affairs Division Humair Karim. 

“The agreements demonstrate ADB’s enduring commitment to supporting sustainable and inclusive economic growth in Pakistan,” the ADB said. 

Pakistan’s SOEs have incurred losses worth billions of dollars over the years due to financial mismanagement and corruption. These entities, including the country’s national airline Pakistan International Airlines, which was sold to a private group this week, have relied on subsequent government bailouts over the years to operate.

The ADB approved the $400 million loan for SOE reforms on Dec. 12. It said the program seeks to improve governance and optimize the performance of Pakistan’s commercial SOEs. 

Karim highlighted that the Power Transmission Strengthening Project will enable reliable evacuation of 2,300 MW from Pakistan’s upcoming hydropower projects, relieve overloading of existing transmission lines and enhance resilience under contingency conditions, the Press Information Department (PID) said. 

“The Secretary emphasized that both initiatives are transformative in nature as the Transmission Project will secure Pakistan’s energy future by strengthening the backbone of the national grid whereas the SOE Program will enhance transparency, efficiency and sustainability of state-owned enterprises nationwide,” the PID said. 

The ADB has supported reforms by Pakistan to strengthen its public finance and social protection systems. It has also undertaken programs in the country to help with post-flood reconstruction, improve food security and social and human capital. 

To date, ADB says it has committed 764 public sector loans, grants and technical assistance totaling $43.4 billion to Pakistan.