Pakistan’s PM condemns Israeli military assaults on Iran, Gaza

A woman walks over debris at Mustafa Hafez school, sheltering Palestinians displaced by the war, after the school was hit during an overnight Israeli strike in Gaza City, on July 3, 2025, amid the ongoing conflict between Israel and the Palestinian Hamas. (AFP)
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Updated 04 July 2025
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Pakistan’s PM condemns Israeli military assaults on Iran, Gaza

  • Says regional stability threatened by ‘forces of chaos’ pursuing geopolitical agendas
  • Sharif was speaking at 10-member ECO bloc‘s 17th summit being held in Azerbaijan

ISLAMABAD: Pakistani Prime Minister Shehbaz Sharif on Thursday condemned Israel’s recent strikes on Iran and denounced the ongoing war in Gaza as a “man-made catastrophe,” using his address at the Economic Cooperation Organization (ECO) summit to call out what he described as growing regional instability driven by foreign aggression.

Sharif was speaking in the Azerbaijani city of Khankendi, where heads of state from the 10-member ECO bloc convened for the group’s 17th summit. The ECO, founded in 1985 by Iran, Turkiye, and Pakistan, includes members from Central Asia, the Caucasus, and the Middle East. The 2025 summit is focusing on boosting intra-regional trade, connectivity, climate funding and sustainable development.

“My dear brothers and sisters, forces of instability and chaos continue to destabilize our region for their own geopolitical agendas,” Sharif said in his address.

“The unlawful, unjustified and uncalled for Israeli attack on Iran, a brotherly country and fellow ECO member state, [is] the most recent manifestation of this dangerous trend … Pakistan strongly condemns this act of Israeli aggression.”

Some 935 people were killed in Iran during the 12-day air war with Israel, based on the latest forensic data, a spokesperson for the Iranian judiciary said on Monday, according to state media. Among the dead were 38 children and 132 women.

Israel launched the air war on June 13, attacking Iranian nuclear facilities and killing top military commanders as well as civilians in the worst blow to the Islamic Republic since the 1980s war with Iraq.

Iran retaliated with barrages of missiles on Israeli military sites, infrastructure and cities. The United States entered the war on June 22 with strikes on Iranian nuclear facilities. A tenuous ceasefire is holding.

Sharif also directed global attention to the humanitarian crisis in Gaza.

“Unfortunately the world has been witnessing an unprecedented man-made catastrophe in Gaza, a region that has descended into an abyss of perpetual suffering,” he said. “It is as if humanity no longer exists while famine looms large, humanitarian workers including UN personnel are being attacked by Israel with impunity to deliberately cut off the only lifeline of the helpless and starving people of Gaza.”

He reiterated Pakistan’s support for oppressed populations across the Muslim world, including Palestinians and Kashmiris.

“Pakistan stands firmly against those who perpetrate barbaric acts against innocent people anywhere in the world, whether in Gaza or Indian illegally occupied Jammu and Kashmir or Iran,” he said.

The latest war in Gaza began when Hamas fighters stormed into Israel on October 7 2023, killed 1,200 people, most of them civilians, and took 251 hostages back to Gaza in a surprise attack that led to Israel’s single deadliest day.

Israel’s subsequent military assault has killed more than 56,000 Palestinians, most of them civilians, according to the Gaza health ministry, displaced almost the whole 2.3 million population and plunged the enclave into a humanitarian crisis. More than 80 percent of the territory is now an Israeli-militarized zone or under displacement orders, according to the UN.


Pakistan says economy stabilizing as it looks to 2026 growth

Updated 18 December 2025
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Pakistan says economy stabilizing as it looks to 2026 growth

  • Inflation averages 5 percent, remittances hit $16.1 billion as government cites signs of recovery
  • IT exports, industry and development spending highlighted as focus shifts to next year’s targets

ISLAMABAD: Pakistan’s economy has shown signs of stabilization in the first half of the current fiscal year, Planning Minister Ahsan Iqbal said on Thursday, as the government looks ahead to sustaining growth momentum into 2026 after several years of economic volatility.

Briefing the media on economic performance through November, Iqbal said key indicators including inflation, industrial output, exports, remittances and fiscal revenues had improved, creating what he described as a more stable base for forward planning.

Pakistan has spent much of the past two years navigating high inflation, external financing pressures and fiscal tightening under an IMF-backed reform program. While growth remains modest, officials say recent data suggests the economy has moved out of crisis mode and into a consolidation phase.

“During July to November of fiscal year 2025–26, stability has returned to Pakistan’s economy,” Iqbal said, adding that average inflation during the period stood at around 5 percent, compared with 7.9% last year, easing pressure on households and businesses.

Large-scale manufacturing posted growth of 4.1 percent, which Iqbal described as “clear evidence of recovery in industrial activity.”

The planning minister said government revenues also improved, with Federal Board of Revenue collections reaching Rs4,733 billion ($16.9 billion) during July–November, reflecting a 10.2% increase.

External inflows remained resilient, with workers’ remittances rising 9.3% to $16.1 billion, while IT services exports increased 19% to $1.8 billion over the same period, he said.

On the public investment side, Iqbal said Rs196 billion ($700 million) were released under the development budget during the quarter, of which Rs92 billion ($329 million) had already been spent. He added that cost rationalization in development projects between July and October saved Rs3.3 billion ($11.8 million) billion in public funds.

In November, the planning minister said, the Central Development Working Party approved 10 development projects, while six major schemes were referred to the Executive Committee of the National Economic Council.

Iqbal said the approved projects were expected to create 994 immediate jobs, with nearly 24,859 direct and 40,873 indirect employment opportunities projected overall.

Looking ahead, he said all future development schemes would be required to comply with green building codes to ensure environmental protection and sustainable growth.

He also highlighted skills and innovation initiatives, saying that under the “Uraan Pakistan” program, partnerships with Oxford and Cambridge universities were being pursued to promote research, technology and innovation.

Under an IT industry revival plan, he said more than 20,000 young people were being trained in advanced technologies, with over 14,000 new jobs expected to be created.

The government has said maintaining macroeconomic stability while gradually lifting growth remains its central challenge as Pakistan moves into 2026, with officials emphasising disciplined spending, export growth and job creation as key priorities.