After Islamabad blast, Pakistan urges global cooperation against terrorism, rebuilding trust in multilateralism

Firefighter douses a vehicle after a blast outside a court building in Islamabad, Pakistan November 11, 2025. (Reuters)
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Updated 12 November 2025
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After Islamabad blast, Pakistan urges global cooperation against terrorism, rebuilding trust in multilateralism

  • Suicide blast in Islamabad and militant assault in Wana kill at least 15 people amid rising militant violence in Pakistan
  • Deputy PM Dar urges revival of multilateral cooperation, says terrorism and global crises demand “collective resolve”

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar on Wednesday condemned two high-profile recent militant assaults in Pakistan, saying the attacks “will never shake or weaken” the nation’s resolve to fight terrorism and calling for renewed global commitment to dialogue and cooperation.

At least 12 people were killed and 36 injured in a suicide blast outside a district court in the Pakistani capital on Tuesday. 

The attack followed an attempted assault by militants on a cadet college in Wana, in the northwestern South Waziristan district, a day earlier. Both incidents came amid a surge in violence linked to the Tehreek-e-Taliban Pakistan (TTP), an outlawed group that Islamabad says operates from Afghanistan. Kabul denies this. 

“Pakistan categorically rejects acts of terrorism in all forms and manifestations, whether they take place in Islamabad, as we witnessed yesterday, or anywhere else in the world,” Dar said in his address at the Inter-Parliamentary Speakers’ Conference in Islamabad, organized by Pakistan’s Senate to promote dialogue among legislatures from around the world. 

“These cowardly acts will never weaken our national resolve. They reaffirm our conviction that dialogue, understanding, and partnership are the only sustainable path to peace and security.”

Pakistan has seen a sharp rise in militant attacks, particularly by the TTP, since the Afghan Taliban returned to power in Kabul in 2021. Islamabad says many TTP leaders and fighters have taken refuge across the border and accuses Afghan authorities of failing to prevent cross-border incursions. They reject the charge, saying Pakistan’s security challenges are a domestic issue. 

Dar said the recent attacks underscored that terrorism “recognizes no boundary, religion, gender, ethnicity or race,” adding that such violence demanded a united international response.

He warned that the world was undergoing a “profound global transformation,” with geopolitical rivalries, economic divides, climate crises and terrorism “threatening the cooperative spirit that sustained peace for decades.”

“Multilateralism must not only be preserved, it must be revitalized through openness, inclusion and the active participation of people’s representatives,” the deputy PM said. “We must rebuild trust in international cooperation based on dialogue, diplomacy, mutual respect and shared responsibility.”

Dar said forums like the Speakers’ Conference were crucial to restore faith in global institutions, adding that peace, security and development “go hand in hand.” He urged governments to ensure accountability and inclusion so that “the benefits of peace and growth reach all people.”

The two-day Inter‑Parliamentary Speakers’ Conference (ISC) in Islamabad has drawn parliamentary delegations from more than 40 countries across Africa, Asia, Latin America and the Middle East. 

Among the nations represented are Saudi Arabia, Malaysia, Palestine, Algeria, Barbados, Azerbaijan, Uzbekistan, Kenya, Tajikistan, Morocco and the Maldives. 

The conference, organized under the auspices of the Senate of Pakistan and chaired by Yusuf Raza Gilani, is convening under the theme “Peace, Security and Development” and is seen by Islamabad as a key vehicle to strengthen parliamentary diplomacy and global cooperation. 
 


Pakistan disburses record $9.2 billion agricultural loans in FY25, central bank says

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Pakistan disburses record $9.2 billion agricultural loans in FY25, central bank says

  • State Bank says farm lending rose 16 percent year-on-year to Rs2.58 trillion
  • Inflation eased to 5.8 percent in January as GDP growth hits 3.7 percent in Q1 FY26

KARACHI: Pakistan disbursed a record Rs2.58 trillion ($9.2 billion) in agricultural loans during fiscal year 2024–25, a 16 percent increase from the previous year, State Bank of Pakistan (SBP) Governor Jameel Ahmad said on Thursday while chairing a meeting of the Agricultural Credit Advisory Committee (ACAC).

Agricultural financing is considered critical to Pakistan’s rural economy, where farming contributes nearly one-fifth of GDP and employs a large share of the workforce. The government has repeatedly emphasized expanding credit access to small farmers as part of broader efforts to boost productivity, stabilize food supply and support economic recovery under an IMF-backed reform program.

According to official data shared at the meeting, agricultural credit disbursement reached Rs2.58 trillion in FY25, marking a record high. In the first half of FY26 alone, banks disbursed Rs1,412 billion in agricultural loans, while the number of borrowers increased to 2.97 million.

“During fiscal year 2025, record agricultural loans of Rs2.58 trillion were disbursed, reflecting an annual growth of 16 percent,” the State Bank governor said, according to a statement issued after the meeting.

He added that Pakistan had regained macroeconomic stability and that the economy was moving toward sustainable growth.

The governor said GDP growth in the first quarter of FY26 stood at 3.7 percent, while full-year growth was projected between 3.75 percent and 4.75 percent.

He also noted that headline inflation had declined to 5.8 percent in January 2026.

The committee reviewed measures to further expand credit access, including greater use of the central bank’s Zarkhez-e scheme to facilitate agricultural lending. Members also discussed promoting electronic warehouse receipt financing to enhance post-harvest liquidity and reduce distress sales of crops.

The statement said the purpose of electronic warehouse receipt financing was to “reduce forced sales of crops and strengthen linkages within the agricultural market.”

Agricultural lending has been a focus of Pakistan’s financial inclusion strategy, particularly as policymakers seek to improve rural incomes, stabilize food prices and strengthen export-oriented crop production amid broader economic reforms.