Gaza in the spotlight during Pakistani PM’s regional diplomacy tour 

Pakistan Prime Minister Shehbaz Sharif is addressing a trilateral summit with Turkiye, and Azerbaijan in Lachin on May 28, 2025. (Government of Pakistan)
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Updated 29 May 2025
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Gaza in the spotlight during Pakistani PM’s regional diplomacy tour 

  • Sharif is on regional diplomacy tour of Iran, Turkiye, Azerbaijan and Tajikistan 
  • Sharif has consistently spoken up for people of Gaza while visiting each country 

ISLAMABAD: The leaders of Pakistan, Turkiye and Azerbaijan met on Wednesday in Lachin and called for a permanent ceasefire in Gaza, saying Israel’s war on the besieged enclave was the clearest example of the “crisis of legitimacy” of the international system.

Pakistan’s Prime Minister Shehbaz Sharif, Turkish President Recep Tayyip Erdogan and Azerbaijan’s President Ilham Aliyev addressed a trilateral summit in Lachin and also attended a ceremony to mark Azerbaijan’s Independence Day.

“The martyrdom of innocent Palestinians must stop immediately and they must be given the right to self-determination as per the two-state solution,” Sharif said while addressing the Independence Day event.

“Freedom is a basic right and a just cause to support,” the PM said, reiterating his call for an immediate and permanent ceasefire in Gaza.

Addressing the trilateral summit earlier in the day, Erdogan said the world was witnessing the international system gradually drifting into a “crisis of legitimacy.”

“The clearest example of the crisis of the international system is Israel’s relentless cruelty and expansionist policies in Palestine,” the Turkish leader said, adding that countries like Turkiye and Pakistan would continue defending the rights of the people of Gaza.

“We call on the entire world from here [trilateral summit] to increase pressure on the Israeli administration for establishing a permanent ceasefire in Gaza and for taking uninterrupted emergency humanitarian aid into Gaza,” Erdogan said.




Pakistan Prime Minister Shehbaz Sharif (right), Azerbaijan’s President Ilham Aliyev (center), and Turkish President Recep Tayyip Erdogan pose for a picture at the Independence Day of Azerbaijan in Lachin on May 28, 2025. (Government of Pakistan)

Israel launched its latest air and ground war in Gaza after a cross-border attack by the Hamas group on October 7, 2023, which killed 1,200 people by Israeli tallies, with 251 hostages abducted into Gaza. The war has killed more than 53,900 Palestinians since, according to Gaza health authorities, and devastated the coastal strip. 

The entire 2.1 million population of Gaza is facing prolonged food shortages, with nearly half a million people in a catastrophic situation of hunger, acute malnutrition, starvation, illness and death, according to the World Health Organization. 

Food security groups say more than 93% of children in Gaza, about 930,000, are at risk of famine. Using satellite data, the United Nations estimated in February that 69% of the structures in Gaza have been damaged or destroyed.


IMF Executive Board to review $1.2 billion loan disbursement for Pakistan today

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IMF Executive Board to review $1.2 billion loan disbursement for Pakistan today

  • Pakistan, IMF reached a Staff-Level Agreement in October for second review of $7 billion Extended Fund, climate fund program
  • Economists view IMF bailout packages as essential for cash-strapped Pakistan grappling with a prolonged macroeconomic crisis

ISLAMABAD: The Executive Board of the International Monetary Fund (IMF) is set to meet in Washington today to review a $1.2 billion loan disbursement for Pakistan, state media reported on Monday.

Pakistan and the IMF reached a Staff-Level Agreement (SLA) in October for the second review of a $7 billion Extended Fund Facility (EFF) and the first review of its $1.4 billion Resilience and Sustainability Facility (RSF). 

The agreement between the two sides took place after an IMF mission, led by the international lender’s representative Iva Petrova, held discussions with Pakistani authorities during a Sept. 24–Oct. 8 visit to Karachi, Islamabad and Washington D.C.

“The International Monetary Fund’s (IMF) Executive Board is set to meet in Washington today to review and approve $1.2 billion in loan for Pakistan,” state broadcaster Pakistan TV reported. 

Pakistan has been grappling with a prolonged macroeconomic crisis that has drained its financial resources and triggered a balance of payments crisis for the past couple of years. Islamabad, however, has reported some financial gains since 2022, which include recording a surplus in its current account and bringing inflation down considerably.

Economists view the IMF’s bailout packages as crucial for cash-strapped Pakistan, which has relied heavily on financing from bilateral partners such as Saudi Arabia, China and the United Arab Emirates, as well as multilateral lenders including the IMF, World Bank, Asian Development Bank and Islamic Development Bank. 

Speaking to Arab News last month, Pakistan’s former finance adviser Khaqan Najeeb said the $1.2 billion disbursement will further stabilize Pakistan’s near-term external position and unlock additional official inflows.

“Continued engagement also reinforces macro stability, as reflected in recent improvements in inflation, the current account, and reserve buffers,” Najeeb said.

Pakistan came close to sovereign default in mid-2023, when foreign exchange reserves fell below three weeks of import cover, inflation surged to a record 38% in May, and the country struggled to secure external financing after delays in its IMF program. Fuel shortages, import restrictions, and a rapidly depreciating rupee added to the pressure, while ratings agencies downgraded Pakistan’s debt and warned of heightened default risk.

The crisis eased only after Pakistan reached a last-minute Stand-By Arrangement with the IMF in June 2023, unlocking emergency support and preventing an immediate default.