Pakistan calls UN peacekeeping most cost-effective tool for global peace

Pakistan’s Ambassador to the UN Asim Iftikhar Ahmad addresses a session in UN in New York, US, o July 29, 2025. (@PakistanUN_NY/X)
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Updated 30 July 2025
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Pakistan calls UN peacekeeping most cost-effective tool for global peace

  • It says no new peacekeeping mission launched in a decade despite growing global conflicts
  • Pakistan calls political will, adequate funding and clear planning key to peacekeeping success

ISLAMABAD: Pakistan on Tuesday described United Nations peacekeeping as the most cost-effective tool for maintaining international peace and security, calling on the Security Council to ensure missions are politically anchored, properly funded and planned with clear mandates to avoid failure.

Speaking at a high-level briefing on the future of UN peace operations, Pakistan’s Ambassador to the UN Asim Iftikhar Ahmad noted no new peacekeeping mission had been launched in the past decade, even as global crises multiply.

He warned that downgrading or prematurely ending missions without political resolution risks creating dangerous vacuums and undermining hard-won gains.

“Peace operations remain one of the most cost-effective tools available to the international community for maintenance of international peace and security,” Ahmad said. “With a budget of $5.5 billion, UN peacekeeping worldwide constitutes less than 0.3 percent of global military spending.”

The ambassador added that peacekeeping missions must not be viewed as substitutes for political processes, but rather as mechanisms to enable them. He also stressed the need for credible, context-specific mandates and responsible, conditions-based transitions instead of calendar-driven exits.

Pakistan, one of the world’s top troop-contributing countries, has deployed over 235,000 peacekeepers to 48 missions across four continents over the past eight decades.

It currently hosts one of the UN’s oldest missions — the United Nations Military Observer Group in India and Pakistan (UNMOGIP) — and is a founding member of the Peacebuilding Commission.

Ahmed said a total of 182 Pakistani peacekeepers have lost their lives in service under the UN flag.

“Peacekeeping is not a silver bullet, but neither is it obsolete,” he said. “It remains the most legitimate, collaborative and cost-effective tool the international community possesses to stabilize conflicts and support political solutions.”


Pakistan finance minister touts debt discipline, export focus at Davos panel

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Pakistan finance minister touts debt discipline, export focus at Davos panel

  • Aurangzeb says debt must fund exports, not consumption, for sustainable growth
  • He says Pakistan used fiscal buffers to respond to floods without external appeals

KARACHI: Pakistan’s Finance Minister Muhammad Aurangzeb said on Wednesday disciplined borrowing, export-led growth and careful debt management were central to stabilizing the country’s economy, as Islamabad looks to unlock new sources of growth amid rising global debt levels.

Speaking at a panel discussion on the sidelines of the World Economic Forum (WEF) in Davos, he said debt was not inherently harmful if used productively, but warned that emerging economies such as Pakistan could not afford to deploy borrowed funds for consumption.

“For countries like Pakistan, debt must be channeled into investments that generate exportable surplus,” Aurangzeb said, according to a statement circulated by the Finance Division. “It is not about the availability of debt or funding, but how wisely and effectively it is steered to create long-term economic value.”

Pakistan has been pursuing fiscal reforms as part of an International Monetary Fund-backed stabilization program, including cutting subsidies, broadening the tax base and restructuring state-owned enterprises, as the government seeks to restore macroeconomic stability and revive growth.

Aurangzeb said Pakistan had reduced its debt-to-GDP ratio to 70 percent from 75 percent, achieved a primary fiscal surplus and brought inflation down from a peak of 38 percent to single digits, allowing the central bank to cut its policy rate to 10.5 percent.

He also flagged ongoing debt-management reforms, including liability management operations and buybacks, and said Pakistan plans to enter China’s capital markets with its first Panda bond, structured as a green bond.

Addressing climate risks, Aurangzeb said building fiscal buffers had allowed Pakistan to respond to recent floods using domestic resources rather than international emergency appeals, underscoring the need for resilience in climate-vulnerable economies.

He added that public-private partnerships and capital markets were playing a growing role in financing development, citing a $3.6 billion syndicated financing for a major copper mining project expected to generate $2.8 billion in annual exports from 2028.

The finance minister is part of Pakistan’s delegation visiting Davos for the annual gathering of global leaders and investors.

The delegation is led by Prime Minister Shehbaz Sharif, who highlighted the country’s shift toward an export-driven growth model, with a focus on minerals, information technology, artificial intelligence and digital services, while speaking at a breakfast event on the sidelines of the forum.