ISLAMABAD: Pakistani security forces killed four militants in an intelligence-based operation in the country’s northwestern Swat district on Friday, informed the military, as Islamabad intensifies its crackdown on insurgents staging violent attacks on civilians and uniformed personnel.
Pakistan refers to fighters of the Tehreek-e-Taliban Pakistan (TTP), an umbrella group of various armed groups, as khawarij, a term rooted in Islamic history that is used for an extremist sect that rebelled against authority and declared other Muslims to be apostates.
“On 18 April 2025, Security Forces and Law Enforcement Agencies conducted a joint intelligence based operation in Swat District on reported presence of Khawarij,” the military’s media wing, Inter-Services Public Relations (ISPR), said in a statement.
“During the conduct of operation, own troops effectively engaged khawarij location, resultantly four khawarij were sent to hell,” it added.
The ISPR said weapons and ammunition were recovered from the site and described the slain militants as being involved in a number of militant activities in the area.
It added a “sanitization operation” was underway to clear the area of any remaining fighters.
Prime Minister Shehbaz Sharif praised the operation, calling the forces’ efforts reflective of their professionalism and vowing to continue the fight against militancy.
“We will continue this war until terrorism is completely eradicated from the country,” Sharif said in a statement released by his office, adding that the entire nation stood firmly behind the armed forces.
Swat, once a Taliban stronghold, has witnessed a renewed presence of militants in some of its areas.
The TTP, which is separate from the Afghan Taliban but shares ideological roots, has stepped up attacks since the collapse of a ceasefire agreement with the Pakistani government in late 2022.
Pakistani forces kill four militants in Swat operation — military
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Pakistani forces kill four militants in Swat operation — military
- ISPR says weapons and ammunition were recovered from the site where the militants were killed
- Prime Minister Shehbaz Sharif praises the operation, calls it reflective of military’s professionalism
Rating firm S&P says it won’t rush Iran war downgrades, sees risks for countries like Pakistan
- Agency says it is monitoring indebted energy importers as higher oil prices strain finances
- Gulf economies seen better placed to weather shock, though Bahrain flagged as vulnerable
LONDON: S&P Global said it would not make any knee-jerk sovereign rating cuts following the outbreak of war in the Middle East, but warned on Thursday that soaring oil and gas prices were putting a number of already cash-strapped countries at risk.
The firm’s top analysts said in a webinar that the conflict, which has involved US and Israeli strikes against Iran and Iranian strikes against Israel, US bases and Gulf states, was now moving from a low- to moderate-risk scenario.
Most Gulf countries had enough fiscal buffers, however, to weather the crisis for a while, with more lowly rated Bahrain the only clear exception.
Qatar’s banking sector could also struggle if there were significant deposit outflows in reaction to the conflict, although there was no evidence of such strains at the moment, they said.
“We don’t want to jump the gun and just say things are bad,” S&P’s head global sovereign analyst, Roberto Sifon-Arevalo, said.
The longer the crisis was prolonged, though, “the more difficult it is going to be,” he added.
Sifon-Arevalo said Asia was the second-most exposed region, due to many of its countries being significant Gulf oil and gas importers.
India, Thailand and Indonesia have relatively lower reserves of oil, while the region also had already heavily indebted countries such as Pakistan, Bangladesh and Sri Lanka whose finances would be further hurt by rising energy prices.
“We are closely monitoring these (countries) to see how the credit stories evolve,” Sifon-Arevalo said.
