Pakistan expresses condolences as Bangladesh’s first female PM passes away

Bangladesh Nationalist party's chairperson Begum Khaleda Zia is pictured inside a car as she departs for London to seek medical treatment, in Dhaka on January 7, 2025. (AFP/File)
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Updated 30 December 2025
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Pakistan expresses condolences as Bangladesh’s first female PM passes away

  • Khaleda Zia passed away in Dhaka after prolonged illness at the age of 80, says her party
  • PM Shehbaz Sharif describes Zia as a “committed friend of Pakistan” in condolence message

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday expressed condolences over the passing of Bangladesh’s first female prime minister, Khaleda Zia, describing her as a committed friend of Islamabad. 

In a statement on Tuesday, the Bangladesh Nationalist Party (BNP) announced its leader Zia had passed away at the age of 80 after prolonged illness. She died at the Evercare Hospital in Dhaka, where the former prime minister was admitted on Nov. 23 with symptoms of a lung infection, according to The Daily Star, a Bangladesh news website.

“Deeply saddened by the passing of Begum Khaleda Zia, Chairperson of the BNP and former Prime Minister of Bangladesh,” Sharif wrote on social media platform X. 

“Her lifelong service to Bangladesh and its growth and development leaves a lasting legacy.”

Sharif said his government and people stand with the people of Bangladesh during this difficult time. 

“Begum Zia was a committed friend of Pakistan,” he added. 

Pakistan and Bangladesh used to be part of the same country before the latter seceded into the separate nation of Bangladesh after a bloody civil war in 1971. 

Ties between the two countries have remained mostly strained since then. However, Islamabad enjoyed better relations with Dhaka under Zia’s government compared to when Bangladesh was led by her arch-rival, Sheikh Hasina. 

Hasina was ousted after a violent uprising last year, leading to improved relations between Islamabad and Dhaka. 

Despite years of ill health and imprisonment, Zia vowed in November to campaign in elections set for February 2026.

The BNP is widely seen as a frontrunner, and Zia’s son Tarique Rahman, who returned only on Thursday after 17 years in exile, is seen as a potential prime minister if they win a majority.

-With additional input from AFP 
 


Pakistan says repaid over $13.06 billion domestic debt early in last 14 months

Updated 29 January 2026
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Pakistan says repaid over $13.06 billion domestic debt early in last 14 months

  • Finance adviser says repayment shows “decisive shift” toward fiscal discipline, responsible economic management
  • Says Pakistan’s total public debt has declined from over $286.6 billion in June 2025 to $284.7 billion in November 2025

KARACHI: Pakistan has repaid Rs3,650 billion [$13.06 billion] in domestic debt before time during the last 14 months, Adviser to the Finance Minister Khurram Schehzad said on Thursday, adding that the achievement reflected a shift in the country’s approach toward fiscal discipline. 

Schehzad said Pakistan has been repaying its debt before maturity, owed to the market as well as the State Bank of Pakistan (SBP), since December 2024. He said the government had repaid the central bank Rs300 billion [$1.08 billion] in its latest repayment on Thursday. 

“This landmark achievement reflects a decisive shift toward fiscal discipline, credibility, and responsible economic management,” Schehzad wrote on social media platform X. 

Giving a breakdown of what he said was Pakistan’s “early debt retirement journey,” the finance official said Pakistan retired Rs1,000 billion [$3.576 billion] in December 2024, Rs500 billion [$1.78 billion] in June 2025, Rs1,160 billion [$4.150 billion] in August 2025, Rs200 billion [$715 million] in October 2025, Rs494 billion [$1.76 billion] in December 2025 and $1.08 billion in January 2026. 

He said with the latest debt repaid today, the July to January period of fiscal year 2026 alone recorded Rs2,150 billion [$7.69 billion] in early retirement, which was 44 percent higher than the debt retired in FY25.

He said of the total early repayments, the government has repaid 65 percent of the central bank’s debt, 30 percent of the treasury bills debt and five percent of the Pakistan Investment Bonds (PIBs) debt. 

The official said Pakistan’s total public debt has declined from over Rs 80.5 trillion [$286.6 billion] in June 2025 to Rs80 trillion [$284.7 billion] in November 2025. 

“Crucially, Pakistan’s debt-to-GDP ratio, around 74 percent in FY22, has declined to around 70 percent, reflecting a broader strengthening of fiscal fundamentals alongside disciplined debt management,” Schehzad wrote. 

Pakistan’s government has said the country’s fragile economy is on an upward trajectory. The South Asian country has been trying to navigate a tricky path to economic recovery under a $7 billion loan from the International Monetary Fund.