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Pakistan raises petrol, diesel prices by about Rs4 for next two weeks

Pakistan raises petrol, diesel prices by about Rs4 for next two weeks
A worker holds a fuel nozzle to fills fuel in a car, after the government announced the increase of petrol and diesel prices, at petrol station in Karachi, Pakistan, on September 16, 2023. (REUTERS/File)
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Updated 4 min 3 sec ago

Pakistan raises petrol, diesel prices by about Rs4 for next two weeks

Pakistan raises petrol, diesel prices by about Rs4 for next two weeks
  • Petrol now costs Rs268.68 per liter while HSD has risen to Rs276.81
  • Price hike comes amid inflation warning following monsoon floods

KARACHI: Pakistan’s government has increased the price of petrol by Rs4.07 per liter and high-speed diesel (HSD) by Rs4.04 per liter for the next fortnight, the finance division announced late Tuesday, with the revised prices taking effect today.

Fuel prices in Pakistan are adjusted every two weeks and are influenced by global oil market trends, currency fluctuations, and changes in domestic taxation.

According to the official notification, petrol now costs Rs268.68 per liter, up from Rs264.61, while HSD has risen to Rs276.81 per liter from Rs272.77.

“The Government has revised the prices of petroleum products for the fortnight commencing October 01, 2025, based on the recommendations of Oil and Gas Regulatory Authority (OGRA) and the relevant Ministries,” the Finance Division said in its statement.

Fuel price increases have a direct impact on inflation, raising production and transportation costs and driving up the prices of essential goods and services, particularly food.

The effect of the latest price hike may further be amplified as the finance ministry noted in its monthly economic outlook a day earlier that flood-related disruptions could put pressure on food supply chains and push up consumer prices.

“Inflation is expected to rise temporarily but remain contained within the 3.5-4.5 percent range in September 2025,” it said in its report.


Pakistan says debt profile more sustainable after $500 million Eurobond repayment

Pakistan says debt profile more sustainable after $500 million Eurobond repayment
Updated 1 min 6 sec ago

Pakistan says debt profile more sustainable after $500 million Eurobond repayment

Pakistan says debt profile more sustainable after $500 million Eurobond repayment
  • Pakistan issued these bonds in 2015 with a 10-year tenor and they matured on Sept. 30, 2025
  • The repayment coincides with an IMF review mission amid flood-related economic challenges

ISLAMABAD: Pakistan’s government said on Wednesday the country has developed a more sustainable debt profile and is now in a better position to borrow on competitive terms, after repaying a $500 million Eurobond issued a decade ago that matured on Sept. 30.

The South Asian nation faced a prolonged economic crisis in recent years that pushed it to the verge of a sovereign debt default in mid-2023, when foreign exchange reserves fell to critically low levels. To stabilize its position, Islamabad secured financial assistance from friendly nations alongside the International Monetary Fund (IMF).

Since then, Pakistan has implemented stringent economic reforms under IMF guidance, gradually improving macroeconomic indicators, which global credit rating agencies have also acknowledged.

“Pakistan has successfully repaid its $500mn International Bond (Eurobond) due on 30 Sep 2025 — as scheduled, in line with all its obligations,” Khurram Schehzad, adviser to the finance minister, said in a post on X, formerly Twitter.

“Issued in 2015 to global investors with a 10-year tenor, the bond matured on 30 Sep 2025,” he added.

Schehzad said timely debt servicing reflected the country’s commitment to financial discipline.

He noted that stronger external buffers, upgraded sovereign ratings and improved investor confidence — with bonds trading at a premium in recent months — underscored the progress.

Debt-to-GDP also fell from 77 percent in FY20 to 70 percent in FY25, while the external debt share of total public debt dropped from 38 percent to 32 percent.

“Looking ahead, easing global borrowing costs, alongside stronger fundamentals, position Pakistan to access markets on more competitive terms and continue building a more sustainable debt profile,” he continued.

The development comes as an IMF mission is in Pakistan to conduct a review under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF). The government is also assessing damage from recent monsoon floods that killed more than 1,000 people, destroyed homes and inundated farmland.

Economists say the international lender is likely to cut Pakistan’s growth forecast and adjust performance indicators in line with flood impacts.

If Islamabad clears the end-June 2025 review and meets agreed policy benchmarks, it will qualify for about $1 billion under the EFF and more than $100 million from the RSF.


Militant violence in Pakistan jumps 46% in third quarter of 2025 — report

Militant violence in Pakistan jumps 46% in third quarter of 2025 — report
Updated 45 min 41 sec ago

Militant violence in Pakistan jumps 46% in third quarter of 2025 — report

Militant violence in Pakistan jumps 46% in third quarter of 2025 — report
  • About 900 deaths were recorded from July to September, mostly in KP and Balochistan
  • CRSS says civilians were targeted most during the period, facing 123 militant attacks

KARACHI: Pakistan witnessed a 46 percent surge in militant violence during the third quarter of 2025, resulting in 901 deaths, an Islamabad-based think tank said on Tuesday, adding that most fatalities were reported in the country’s Khyber Pakhtunkhwa (KP) and Balochistan provinces bordering Afghanistan.

The Pakistani Taliban, known as Tehreek-e-Taliban Pakistan (TTP), regularly target security forces and their installations in KP, while separatists like the Baloch Liberation Army (BLA) demand independence for Balochistan, accusing the central government of exploiting the province’s natural resources, a charge Islamabad denies.

The Center for Research and Security Studies (CRSS) said in its latest security report the number of casualties during the third quarter jumped to 901 from 616 in the second quarter.

“With at least 901 fatalities and 599 injuries — among civilians, security personnel and outlaws — resulting from 329 incidents of violence, including terror attacks and counter-terror operations, Pakistan witnessed an over 46 percent surge in overall violence in its security landscape for the third quarter of 2025,” the report said.

It noted this year had already proven as deadly as the whole of 2024, with 2,414 recorded deaths so far, making 2025 the deadliest year in a decade if the current trend continues.

It highlighted that Pakistan intensified its response to militants in the third quarter of 2025, with security forces inflicting heavier losses on them.

“Accounting for over 96 percent of the country’s violence in this quarter, KP and Balochistan stood out as the most volatile provinces,” the report said.

“KP was the worst-hit region, suffering nearly 71 percent of the total violence-linked fatalities and over 67 percent of the incidents of violence, followed by Balochistan, with over 25 percent fatalities and incidents.”

The report said 516 militants were killed in the third quarter of 2025, compared with 385 security personnel and civilians killed altogether.

Civilians were the most targeted this quarter in almost 123 militant attacks while security forces were targeted 106 times, it added.

The think tank warned that escalating violence could further strain Pakistan’s fragile security environment unless Islamabad strengthened counterterrorism measures.

CRSS shared its findings on a day when a powerful suicide blast targeting the Frontier Corps headquarters in Balochistan’s capital Quetta killed at least 10 people and triggered a shootout in which four militants were killed.


Absence of Taliban at Islamabad dialogue sparks debate as Afghan leaders denounce regime

Absence of Taliban at Islamabad dialogue sparks debate as Afghan leaders denounce regime
Updated 01 October 2025

Absence of Taliban at Islamabad dialogue sparks debate as Afghan leaders denounce regime

Absence of Taliban at Islamabad dialogue sparks debate as Afghan leaders denounce regime
  • Pakistani officials say dialogue not intended to isolate Taliban but foster “people-to-people” ties
  • Afghan participants condemn sweeping curbs on women’s education, work and public life

ISLAMABAD: The absence of any representatives from the Taliban government at a rare Afghan dialogue in Islamabad this week sparked debate over the intent of the gathering, but Pakistani officials insist the meeting was not designed to sideline Kabul but to build “people-to-people” engagement beyond official channels.

The two-day regional conference, titled “Towards Unity and Trust” and jointly organized by Women for Afghanistan (WFA) and the Islamabad-based South Asian Strategic Stability Institute (SASSI) University, brought together former Afghan lawmakers, civil society figures, academics and women’s rights defenders. 

But the exclusion of the Taliban administration has drawn scrutiny among Pakistani observers and on social media, particularly given SASSI’s reputation as a pro-state institution and the fact that many of the Afghan participants live in exile abroad. 

It was unclear if the Taliban were invited to join the forum but Pakistani officials and conference organizers rejected the suggestion that the dialogue was intended to isolate Kabul, saying Islamabad continued to maintain ties with the Taliban government while engaging with other Afghan factions.

“We are engaging with all Afghan factions while maintaining good relations with the current regime,” Rana Ihsaan Afzal Khan, Coordinator to the Prime Minister on Commerce, told Arab News, pointing to growing trade and Taliban participation in a recent trilateral CPEC meeting.

Organizers described the conference as an initial step toward building trust and understanding between the people of Pakistan and Afghanistan.

“The objectives are very clear, Pakistan believes that true engagement will only be possible if it is based on people-to-people contact,” SASSI University chairperson Maria Sultan told Arab News.

“The aim is to enhance trust and unity and most importantly to build bridges. So, this is the first step toward starting the Islamabad process.”

Asked about the use of Afghanistan’s pre-Taliban national flag at the event, which is banned by the current Kabul regime, Sultan said it should not be interpreted as a hostile gesture.

“The day Pakistan recognizes the government in Afghanistan and that flag is recognized at the UN, it will be presented as such,” she explained.

“PAKISTAN SHOULD HOLD OUT HAND”

Pakistan has continued to engage the Taliban administration diplomatically despite rising tensions over cross-border militancy. Since the group’s return to power in August 2021, Islamabad has kept its embassy open in Kabul and hosted multiple high-level delegations, including interim Foreign Minister Amir Khan Muttaqi. 

The two sides have also held a series of trilateral meetings with China focused on expanding the China-Pakistan Economic Corridor (CPEC) into Afghanistan and enhancing regional trade connectivity.

Pakistani officials have repeatedly said they seek a “pragmatic relationship” with the Taliban authorities based on economic cooperation, counterterrorism and border security, even as they press Kabul to act against militants targeting Pakistan from Afghan territory. The Taliban government denies it supports insurgent groups. 

While Pakistani officials framed the conference as inclusive, Afghan participants used the platform to sharply criticize the Taliban government.

“People are waiting for change. The Taliban will not last in Afghanistan,” former Afghan lawmaker Paiman Agha said, adding that the Islamabad dialogue was intended to foster “complete understanding” between Afghans and Pakistanis.

Alia Yulmaz, an Afghan academic based in Türkiye, described the conference as “the most important gathering between people of Afghanistan and Pakistan.”

Other participants used the platform to speak out against the Taliban’s restrictions on women’s rights and public freedoms.

Since seizing power, the Taliban have imposed sweeping curbs on women’s lives, banning girls from secondary and higher education, barring women from most government and NGO jobs and enforcing strict dress codes and movement restrictions without a male guardian. 

Women are also prohibited from visiting parks, gyms, and public spaces in many provinces, and in December 2022, the Taliban banned female students from universities altogether.

The United Nations and international rights groups have described these policies as “gender apartheid,” while the Taliban defend them as being in line with their interpretation of Islamic law.

“It is forbidden for Afghan women to go to university, to school, even to a pharmacy,” women’s rights defender Rahil Talash told Arab News.

“For this, what we have to do is Pakistan should hold our hands and call this disease in Afghanistan a disease because it is spreading everywhere. So, this bad disease should be eradicated from Afghanistan. So that Pakistan and Afghanistan can live in peace.”

Talash said the Taliban had shut down Internet services earlier this week, making life particularly difficult for women relying on online work. The United Nations mission in Afghanistan also urged the Taliban on Tuesday to restore Internet and telecom access.

The Islamabad dialogue comes at a sensitive moment in bilateral relations, with ties between Pakistan and the Taliban government strained over a surge in deadly cross-border attacks that Islamabad blames mostly on the Tehrik-e-Taliban Pakistan (TTP), which operates from Afghan soil. 

Earlier this month, Prime Minister Shehbaz Sharif bluntly urged Kabul to “choose between Pakistan and TTP.”

Analysts downplayed concerns that the talks would harm Islamabad’s relations with the Taliban government.

“I doubt that this will have any adverse implications on our relationship with Afghanistan,” said defense analyst Maj. Gen. (R) Inam Ul Haque.

“Because Pakistan as a sovereign country has the right to pursue relationship with any party. And when they [Taliban were in the opposition and these guys were in the government Pakistan was talking to both sides.”

Prominent Afghan figures attending the conference included Fawzia Koofi, former deputy speaker of parliament, Dr. Nasir Andisha, Afghanistan’s UN representative, Khan Aga Rezai, chair of the Afghan parliament’s National Security Committee, Mustafa Mastoor, former economy minister, and Feridun Iham of the National Islamic Movement of Afghanistan.


Trump says was ‘honored’ by Pakistan army chief’s praise for averting India war

Trump says was ‘honored’ by Pakistan army chief’s praise for averting India war
Updated 30 September 2025

Trump says was ‘honored’ by Pakistan army chief’s praise for averting India war

Trump says was ‘honored’ by Pakistan army chief’s praise for averting India war
  • President recalls Asim Munir’s remarks crediting him with saving “millions of lives” during May conflict
  • Comments follow Pakistani visit focused on trade, security and regional stability

ISLAMABAD: US President Donald Trump said on Tuesday he was “honored” that Pakistan’s powerful army chief, Field Marshal Asim Munir, credited him with “saving millions and millions of lives” by preventing a war between Pakistan and India from escalating during a military standoff in May 2025.

Trump’s remarks referred to the most serious confrontation between the two nuclear-armed neighbors in years, which erupted earlier this year and brought them close to full-scale conflict before US-led diplomacy helped defuse tensions.

The president made the comments following a visit to Washington earlier this month by Prime Minister Shehbaz Sharif and Field Marshal Munir — Pakistan’s first civilian-military delegation to the White House in six years — for high-level talks on trade, counterterrorism cooperation and regional security.

“The prime minister of Pakistan [Shehbaz Sharif] was here [US] along with the Field Marshal [General Asim Munir], who’s a very important guy in Pakistan, and he was here three days ago,” Trump said as he addressed a gathering of American military leaders. 

He said Munir, speaking to a group that included two generals, credited him with preventing a potentially catastrophic conflict with India from escalating, telling those present that Trump had “saved millions of lives because he saved the war from going on.”

“That was a bad war, and I was very honored,” Trump added. “I loved the way he said it.”

The visit by Sharif and Munir followed months of behind-the-scenes diplomatic engagement as Islamabad and Washington seek to recalibrate ties that have been strained in recent years over Afghanistan, counterterrorism policy and Pakistan’s deepening partnership with China.

The May crisis, triggered by escalating violence in disputed Kashmir and border skirmishes, underscored the volatility of South Asia’s security environment. 

Analysts say Trump’s remarks highlight how central Pakistan’s military remains to Washington’s regional strategy, and how his administration is framing its role in preventing renewed conflict between the two nuclear-armed neighbors.


Landslide kills two, injures three in northern Pakistan’s Abbottabad district

Landslide kills two, injures three in northern Pakistan’s Abbottabad district
Updated 30 September 2025

Landslide kills two, injures three in northern Pakistan’s Abbottabad district

Landslide kills two, injures three in northern Pakistan’s Abbottabad district
  • Slope collapse hit Havelian town amid ongoing monsoon season, rescue service says
  • Landslides frequently strike Pakistan’s hilly regions during heavy seasonal rains

PESHAWAR: A landslide killed at least two people and injured three others in Pakistan’s northwestern Khyber Pakhtunkhwa province on Tuesday, rescue officials said, as authorities warned of continued slope collapses during the monsoon season.

The incident took place in Havelian town in Abbottabad district, according to Rescue 1122, which said emergency teams had transported the victims to a nearby hospital.

“Two people died on the spot and three were injured in the landslide,” the agency said in a statement. “The bodies of the deceased and the injured are being shifted to Civil Hospital Havelian.”

Rescue services said the cause of the landslide had not yet been determined.

Landslides are a recurring hazard in Pakistan’s mountainous regions, particularly in Khyber Pakhtunkhwa, Gilgit-Baltistan and Azad Kashmir, where heavy monsoon rains, deforestation and fragile soil conditions often trigger slope failures.

In July, more than eight vehicles were swept away when heavy rains caused a landslide on a highway in Gilgit-Baltistan’s Diamer district, damaging bridges, a hotel and a school and knocking out communications. Tourist buses were stranded on roadsides as families waited for food and evacuation.

This year’s monsoon season has killed at least 1,006 people and injured 1,063 since June 26, according to the National Disaster Management Authority. 

Pakistan, which produces less than 1 percent of global greenhouse gas emissions, has suffered disproportionately from extreme weather in recent years. In 2022, torrential monsoon rains killed more than 1,700 people and caused over $30 billion in damage.