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PM Sharif says prepared to defend sovereignty, calls for ‘neutral’ probe into Kashmir attack

PM Sharif says prepared to defend sovereignty, calls for ‘neutral’ probe into Kashmir attack
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Prime Minister Shehbaz Sharif is addressing the passing out ceremony of 151st Long Course held at Pakistan Military Academy in Kakul, Pakistan, on 26 April 2025. (Government of Pakistan)
PM Sharif says prepared to defend sovereignty, calls for ‘neutral’ probe into Kashmir attack
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Indian Border Security Force personnel (brown) and Pakistani Rangers (black) take part in the beating retreat ceremony at the border gates of India and Pakistan at the Wagah border post, about 35 km from Amritsar on April 25, 2025. India and Pakistan are locked in an escalating diplomatic war of words after New Delhi said Islamabad was linked to a militant attack on tourists in Indian-administered Kashmir this week. Both sides have canceled visas for Indian and Pakistani nationals respectively and ordered them to leave, before both shut their busiest border crossing in Punjab. (AFP)
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Updated 26 April 2025

PM Sharif says prepared to defend sovereignty, calls for ‘neutral’ probe into Kashmir attack

PM Sharif says prepared to defend sovereignty, calls for ‘neutral’ probe into Kashmir attack
  • Shehbaz Sharif’s remarks came as Indian, Pakistani troops exchanged gunfire for a second straight day on Saturday
  • Ties have plummeted between the nuclear-armed neighbors over this week’s attack in Pahalgam that killed 26 tourists

ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday said Pakistan’s armed forces were fully prepared to defend the country’s sovereignty and called for a “neutral” investigation into a militant attack in Indian-administered Kashmir that has brought Pakistan and India close to the brink of another conflict.
Sharif’s remarks came as Indian and Pakistani troops exchanged gunfire for a second straight day on Saturday as ties plummeted between the two nuclear-armed neighbors over the attack in Pahalgam that killed 26 tourists on Tuesday.
Indian police have identified three suspects, including two Pakistani nationals, who carried out the April 22 attack. Pakistan has denied any involvement. Since the attack, both nations have unleashed a raft of measures against each other, with Pakistan closing its airspace to Indian airlines and India suspending the 1960 Indus Waters Treaty that regulates water-sharing from the Indus River and its tributaries.
Sharif said the tragic incident in Pahalgam was yet another example of New Delhi’s “perpetual blame game” that must come to a halt, adding that Islamabad was “open to participate in any neutral, transparent and credible investigation.”
“Water is a vital national interest of Pakistan... any attempt to stop, reduce or divert the flow of water belonging to Pakistan under the Indus Water Treaty would be responded to with full force and might and nobody should remain under any kind of false impression and confusion,” Sharif said during a passing-out parade at the Pakistan Military Academy in Abbottabad.
“Our valiant armed forces remain fully capable and prepared to defend the country’s sovereignty and its territorial integrity against any misadventure as clearly demonstrated by its measured yet resolute response to India’s reckless incursion in February 2019.”
Sharif’s comment was a reference to the downing of an Indian fighter jet in 2019 in response to Indian airstrikes in Pakistan, following a militant attack in Pulwama in Indian-administered Kashmir in which at least 40 Indian paramilitary police were killed. India had also blamed the Pulwama attack on Pakistan, Islamabad had denied any complicity.
Kashmir has been divided between India and Pakistan since their independence in 1947, with both claiming the territory in full but governing separate portions of it.
Rebel groups have waged an insurgency in Indian-controlled Kashmir since 1989, demanding independence or a merger with Pakistan.
Tuesday’s assault happened as tourists enjoyed tranquil mountain views at the popular site at Pahalgam, when gunmen burst out of forests and raked crowds with automatic weapons. Survivors told Indian media the gunmen targeted men and spared those who could give the Islamic declaration of faith.
Modi on Thursday said his country would “track and punish every terrorist and their backer,” vowing to “pursue them to the ends of the Earth.” There has been growing concern since Tuesday’s attack that India could conduct a military strike in Pakistani territory as it did in 2019.
The United Nations has urged the nuclear-armed neighbors to show “maximum restraint,” while US President Donald Trump has downplayed the tensions, saying that the dispute will get “figured out, one way or another.”
Rapidly deteriorating relations between India and Pakistan over the deadly shooting in Indian-administered Kashmir are starting to have small but prickly economic consequences for both nations.
While India unveiled a series of mostly symbolic diplomatic measures against Pakistan, Islamabad responded on Thursday with similar tit-for-tat measures but upped the ante by halting trade with New Delhi and closing its airspace to Indian airlines.
Experts say that while the retaliatory moves will not have an immediate or far-reaching impact, it will likely result in longer and more expensive flights for Indians, while forcing Pakistan to increase pharmaceutical imports from other countries.


Pakistan announces $62 billion budget 2025-26, raises defense spending by 20% to $9 billion

Pakistan announces $62 billion budget 2025-26, raises defense spending by 20% to $9 billion
Updated 3 min 43 sec ago

Pakistan announces $62 billion budget 2025-26, raises defense spending by 20% to $9 billion

Pakistan announces $62 billion budget 2025-26, raises defense spending by 20% to $9 billion
  • Rs17.57 trillion ($62 billion) outlay represents overall decrease in spending by 7 percent
  • Total gross revenue of Rs19.28 trillion, total tax revenue of Rs14.1 trillion targeted

KARACHI: Pakistan on Tuesday announced its federal budget for fiscal year 2025-26 with a total outlay of Rs17.57 trillion ($62 billion), an overall decrease in spending by 7%, but hiked the defense expenditure by 20% following a recent military conflict with nuclear-armed neighbor India.

Finance minister Muhammad Aurangzeb presented a budget that allocated Rs2.55 trillion ($9 billion) for defense spending in FY26, compared to Rs2.12 trillion in the fiscal year ending this month.

“This budget is being presented at a very important and historic moment when the nation in recent days showed extraordinary unity, determination and strength,” Aurangzeb said, referring to the recent military confrontation with India, in which the militaries of the two nations exchanged drone, missile and artillery attacks, with a combined 70 people killed on both sides. 

Pie chart visualizing the breakdown of Pakistan’s Federal Budget 2025–26 (PKR 17.577 trillion) by major expenditure categories.(AN Photo)

“With this same national unity and determination, we should turn our focus to our economic strength, growth and welfare,” the finance minister said. 

“The spirit with which we protected and strengthened our national sovereignty, we need to ensure our financial security and the welfare of the people with the same unity and strength.”

The military clash between India and Pakistan was sparked by an April attack by assailants who targeted Hindu tourists in Indian Kashmir in April, killing 26 men. New Delhi blamed the attack on militants backed by Pakistan, a charge denied by Islamabad. The two sides used fighter jets, missiles, drones and artillery against each other before agreeing to a ceasefire on May 10 after four days of fighting, their worst in nearly three decades.

Here are some of the key highlights from the country’s 2025-26 budget:

GDP/DEFICIT
* GDP growth projected to be 4.2 percent
* Nominal GDP seen at 129.57 trillion rupees
* Fiscal deficit expected to be 3.9 percent of GDP
* Targets primary surplus of 2.4 percent of GDP

INFLATION
* Targets inflation at 7.5 percent

EXPENDITURE
* Total spending seen at 17.57 trillion rupees
* Defense expenditure of 2.55 trillion rupees targeted
* Interest payments projected at 8.21 trillion rupees

REVENUE
* Total gross revenue of 19.28 trillion rupees targeted
* Targets total tax revenue of 14.1 trillion rupees
* Aiming for net external receipts of 106 billion rupees 


($1 = 282.0000 Pakistani rupees) 


- With inputs from Reuters


Pakistan PM urges global powers to take ‘immediate action’ to end Israeli offensive in Gaza

Pakistan PM urges global powers to take ‘immediate action’ to end Israeli offensive in Gaza
Updated 10 June 2025

Pakistan PM urges global powers to take ‘immediate action’ to end Israeli offensive in Gaza

Pakistan PM urges global powers to take ‘immediate action’ to end Israeli offensive in Gaza
  • Over 54,000 Palestinians have been killed since Israel launched its latest military offensive in Oct. 7, 2023
  • Pakistan has for decades called for establishment of independent Palestinian state based on pre-1967 borders

ISLAMABAD: Pakistan’s Prime Minister Shehbaz Sharif on Tuesday urged world powers to take immediate action to end Israel’s military offensive in Gaza, saying he hoped innocent Palestinians would achieve their dream of freedom soon.

Over 54,000 Palestinians have been killed and much of the coastal enclave of Gaza devastated since Israel’s latest air and ground offensive began in October 2023, health authorities in Gaza say. 

“The oppression, cruelty and barbarism taking place in Palestine and Kashmir — no matter how much we condemn it, it is not enough” Sharif said while addressing a federal cabinet meeting. 

“But I believe this is a very critical time for the global powers to effectively use their influence to ensure a ceasefire in Palestine, because what is happening there is the shedding of innocent Muslim blood — the blood of little girls, children and parents.”

The Pakistani PM added:

“I have strong hope in Allah Almighty, God willing, that the people of Palestine will gain freedom, the people of Kashmir will gain freedom. They have made tremendous sacrifices.”

Pakistan has been calling for a ceasefire and unimpeded humanitarian access to Gaza since the latest war broke out. 

Pakistan, which does not recognize Israel, has for decades called for the establishment of an independent Palestinian state based on pre-1967 borders, with Al-Quds Al-Sharif as its capital.

Although nearly 150 countries have recognized Palestine statehood, most major Western powers including the United States, Britain, France, Germany and Japan, have not. 

Muslim countries that do not recognize Israel include Pakistan, Ƶ, Iran, Iraq, Syria and Yemen.
 


Pakistan shares range bound amid uncertainty over budget announcement

Pakistan shares range bound amid uncertainty over budget announcement
Updated 10 June 2025

Pakistan shares range bound amid uncertainty over budget announcement

Pakistan shares range bound amid uncertainty over budget announcement
  • Index recorded intraday high of 970 points and low of 51 points, eventually closing at 122,024, gaining 383 points or 0.32 percent
  • Pakistan will unveil annual federal budget, seeking to kickstart growth while finding resources for hike in defense expenditure 

ISLAMABAD: The Pakistan Stock Market witnessed a range-bound session today, Tuesday, with the index fluctuating within a narrow band amid uncertainty surrounding the budget announcement. 

Pakistan will unveil its annual federal budget for the coming fiscal year on Tuesday evening, seeking to kickstart growth while finding resources for an expected hike in defense expenditure following a military conflict with India last month, the worst between the nuclear-armed neighbors in decades. 

Islamabad will also have to contend with remaining within the discipline of its International Monetary Fund program and the uncertainty from new trade tariffs being imposed by the United States, its biggest export market.

“The index recorded an intraday high of 970 points and a low of 51 points, eventually closing at 122,024 — gaining 383 points or 0.32 percent,” brokerage house Topline Securities said in its daily market review. 

“Market participation remained healthy, with total traded volume reaching 591 million shares and a traded value of PKR 21 billion.”

Media reports say the government is likely to present a 17.6 trillion rupee ($62.45 billion) budget for the fiscal year beginning July 1, down 6.7 percent from this fiscal year. It has projected a fiscal deficit of 4.8 percent of GDP, against a targeted 5.9 percent deficit in 2024-25, the reports say.

Analysts said they expect an increase of around 20 percent in the defense budget, likely offset by cuts in development spending.

Pakistan allocated 2.1 trillion Pakistani rupees($7.45 billion) for defense in the outgoing fiscal year, including $2 billion for equipment and other assets. An additional 563 billion rupees ($1.99 billion) was set aside for military pensions, which are not counted within the official defense budget.

The government of Pakistani Prime Minister Shehbaz Sharif has projected 4.2 percent economic growth in 2025-26, saying it has steadied the economy, which had looked at risk of defaulting on its debts as recently as 2023. Growth this fiscal year is likely to be 2.7 percent, against an initial target of 3.6 percent set in the budget last year.

Pakistan’s growth lags far behind the region. In 2024, South Asian countries grew by an average of 5.8 percent and 6.0 percent growth is expected in 2025, according to the Asian Development Bank.

With inputs from Reuters


Pakistan deports over 216,000 illegal migrants since April under ongoing repatriation drive

Pakistan deports over 216,000 illegal migrants since April under ongoing repatriation drive
Updated 10 June 2025

Pakistan deports over 216,000 illegal migrants since April under ongoing repatriation drive

Pakistan deports over 216,000 illegal migrants since April under ongoing repatriation drive
  • The drive against illegal foreigners was launched in November 2023 amid a surge in militancy
  • The country has repatriated a total of 1,102,441 illegal foreigners since the deportations began

ISLAMABAD: Pakistan has deported over 216,000 undocumented foreign nationals since April this year as part of a nationwide campaign targeting illegal migrants, mostly Afghan citizens, the country’s interior ministry said on Tuesday.

The repatriation drive, which began in November 2023, was launched in the wake of a spike in suicide bombings and militant activity that Pakistani officials linked to Afghan nationals, though no public evidence was provided to support the claim.

“Since April 1, 2025, a total of 216,103 illegal foreigners have been repatriated and the campaign is ongoing,” the ministry said in its statement.

“Since October 2023, a total of 1,102,441 illegal foreigners have been repatriated under the Illegal Foreigners Repatriation Program,” it added.

Initially, authorities had said the crackdown would focus on those lacking any legal documentation. However, in early 2025, the government expanded the scope to Afghan Citizen Card (ACC) holders, ordering them to leave by March 31 or face deportation starting April 1.

The interior ministry said food and health care arrangements had been made for those in the repatriation process, and that women, children and the elderly are being treated “with dignity and respect.”

It warned that anyone aiding undocumented foreigners with employment or accommodation would also face legal action.

Pakistan has hosted more than 2.8 million Afghan refugees over the past four decades due to prolonged conflict in Afghanistan.

The current deportation campaign has drawn criticism from human rights groups and the Afghan Taliban, who have accused Islamabad of harassment and called for the safe and dignified return of Afghan nationals.

The Pakistani government has denied these allegations, maintaining the repatriation process is being carried out respectfully and in accordance with the law.


Pakistan tells UK lawmakers it wants Indus Waters Treaty revived amid India tensions

Pakistan tells UK lawmakers it wants Indus Waters Treaty revived amid India tensions
Updated 10 June 2025

Pakistan tells UK lawmakers it wants Indus Waters Treaty revived amid India tensions

Pakistan tells UK lawmakers it wants Indus Waters Treaty revived amid India tensions
  • The Pakistani delegation in London says Islamabad wants ‘composite dialogue’ with New Delhi on all issues
  • It says Pakistan’s military response to the Indian actions was measured and consistent with international law

ISLAMABAD: A Pakistani parliamentary delegation visiting key global capitals in the wake of last month’s military standoff with India told British lawmakers Islamabad remains committed to ensuring the revival of the Indus Waters Treaty and promoting regional peace, according to an official statement issued on Wednesday. 

The outreach comes after India and Pakistan engaged in their most intense military exchange in years, sparking fears of a full-scale war under a nuclear overhang. Over four days in May, both sides exchanged missile strikes, launched drone attacks and engaged in air combat before a US-brokered ceasefire was announced by President Donald Trump on May 10.

The crisis was triggered by a militant attack that killed 26 tourists in Indian-administered Kashmir. New Delhi blamed the assault on Pakistan-based elements, an allegation Islamabad denied, instead calling for an independent international probe. As tensions escalated, the global community moved swiftly to defuse the situation.

Before launching its military strikes, India took several punitive measures against Pakistan, including suspending a decades-old, World Bank-backed water-sharing treaty between the two countries.

“The High-Level Parliamentary delegation from Pakistan, led by the Chairman of Pakistan People’s Party and former Foreign Minister Bilawal Bhutto-Zardari, briefed the All Party Parliamentary Group (APPG) on Pakistan during a meeting hosted by APPG Chair Yasmin Qureshi MP at Westminster Palace, which was attended by cross-party British parliamentarians,” the statement said.

“The delegation underscored Pakistan’s commitment to restraint, revival of the Indus Waters Treaty and initiation of a composite dialogue between the two countries on all outstanding issues, particularly the Jammu and Kashmir dispute.”

According to the statement, Bhutto-Zardari briefed lawmakers on the consequences of what he described as India’s unprovoked aggression, including violations of Pakistan’s sovereignty in the aftermath of the attack in Indian-administered Kashmir.

He rejected India’s allegations against Pakistan as baseless, saying they lacked credible investigation or verifiable evidence.

He further warned India’s unilateral suspension of the Indus Waters Treaty violated international law and could have serious implications for regional and global peace.

Pakistan’s Minister for Climate Change and Environmental Coordination Musadik Malik also addressed the session, highlighting the environmental and food security risks of disrupting the treaty. 

He warned the suspension threatened the survival of Pakistan’s 240 million people, most of whom rely on agriculture. 

The delegation also emphasized Pakistan’s military response to the Indian actions was measured and consistent with international law, including the right to self-defense under Article 51 of the UN Charter.