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Pakistan voices concern over atrocities against minorities in India

Pakistan voices concern

ISLAMABAD: Pakistan has expressed serious concern over what it described as ongoing atrocities against minorities in India, condemning recent incidents of violence and discrimination.

In a statement issued by the Foreign Office spokesperson, Pakistan strongly condemned acts of vandalism and violence against Christian individuals during Christmas celebrations. The statement also denounced violence against Muslims, calling it a grave violation of fundamental human rights.

The Foreign Office urged the international community to take notice of what it termed serious violations of minority rights in India and called for concrete action to ensure the protection of basic rights of vulnerable and marginalized communities.

The spokesperson further stated that a state-backed campaign against Muslims is continuing in India, expressing concern over the demolition of Muslim homes.

Reference was also made to attempts to shield perpetrators in the Mohammad Akhlaq lynching case, noting that such incidents have deepened fear and insecurity among Muslim communities in the country.

Pakistan reiterated its call for accountability and respect for international human rights obligations, urging India to safeguard the rights and dignity of all minorities.

Toshakhana-II: Imran Khan, Bushra Bibi get 17-year jail term each

Toshakhana-II

ISLAMABAD: Former Prime Minister and PTI founder Imran Khan, along with his wife Bushra Bibi, has been sentenced to 17 years in prison each in the Toshakhana-II case.

The special Central Judge Arjumand Shah announced the verdict at Adiala Jail, although none of the lawyers representing the couple were present in court.

Under Sections 409 of the Pakistan Penal Code (PPC), Imran Khan and Bushra Bibi were handed seven-year sentences each, contributing to the overall 17-year imprisonment. Additionally, the court imposed a fine of PKR 10 million on both.

The Toshakhana-II case dates back to July 13, 2024, when the National Accountability Bureau (NAB) arrested Imran Khan and Bushra Bibi at Adiala Jail.

The couple remained in NAB custody for 37 days before the bureau filed a reference in the Accountability Court on August 20, 2024. Following the Supreme Court’s reinstatement of NAB amendments, the case was transferred to the FIA Anti-Corruption Court on September 9, 2024.

The trial began on September 16, 2024, before Special Judge Central Shah Rukh Arjumand at Adiala Jail. During the trial, a total of 21 witnesses were examined, including former Military Secretary Brigadier (R) Muhammad Ahmad, private appraiser Sohail Abbasi, and Imran Khan’s former Principal Secretary Inaamullah. Four prosecution witnesses were later withdrawn by the FIA. The trial continued for nearly a year with over 80 hearings held at Adiala Jail.

Imran Khan and Bushra Bibi are accused of receiving a Bulgari jewelry set from the Saudi Crown Prince in 2021, valued at over PKR 67.15 million. According to FIA records, the couple undervalued the jewelry through a private appraiser, recording its price at only PKR 5.9 million.

The gift, which included a necklace, bracelet, ring, and earrings, was not deposited in Toshakhana, nor was its proper value recorded. FIA investigations revealed undue influence was used to undervalue the set.

The government was represented by Federal Prosecutors Zulfiqar Abbas Naqvi, Barrister Umair Majeed Malik, Bilal Butt, and Shahvez Gilani, while the defense team included Arshad Tabrez, Quthain Faisal Mufti, and Barrister Salman Safdar.

Pakistan rejects Eurobond, Sukuk issuance, explores alternative options

Pakistan rejects

ISLAMABAD: The government has decided against raising funds through Eurobond or Sukuk issuances this fiscal year, opting instead for a new financing approach that includes launching Pakistan’s first Panda bond in China to raise $250 million in the initial phase.

According to official sources, the Panda bond is expected to be issued by mid-January 2026, with the Prime Minister’s Office granting formal approval for the launch by January 31. A second phase of the programme, valued at $500 million, is expected to be completed before June 30, 2026.

Senior government officials told that the Panda bond is likely to be issued at an interest rate of around 4 percent. Pakistan faces two major external repayments during the current fiscal year due to the maturity of Eurobonds.

The first instalment of $500 million was paid in September 2025, while the second payment is due in April 2026, amounting to $1.3 billion, including $1 billion in principal and $300 million in interest.

Meanwhile, the International Monetary Fund (IMF) has expressed reservations over the government’s plan to issue Panda bonds in the Chinese market, questioning why Pakistan is not opting for commercial borrowing if Chinese banks are expected to be the main buyers.

In response, Pakistani authorities informed the IMF that the government is pursuing diversification of its financing sources and aims to strengthen its presence in the Chinese capital market through the issuance of Panda bonds.

Pakistan to launch Crypto mining within weeks, says PVRCA Chairman

Crypto mining

ISLAMABAD: Chairman of the Pakistan Virtual Assets Regulatory Authority (PVRCA), Bilal Bin Saqib, announced that cryptocurrency mining in the country will commence within a few weeks.

In an exclusive interview, he revealed that technologies for Bitcoin mining are now available, and mining cards can be installed at power plants. The first phase of mining is set to start shortly, which he said will address public concerns and allow Pakistan to sell surplus electricity in dollars.

Bilal Bin Saqib highlighted that while Pakistan lacked a legal framework for crypto transactions in the past, the government has now established the authority to regulate and license cryptocurrency activities.

He compared the introduction of crypto to emerging technologies like robotics and quantum computing, which governments regulate after initial adoption.

He emphasized that cryptocurrency adoption is being driven by Pakistan’s youth, who are already thinking ahead to 2030. The government aims to provide opportunities and ensure that investments are guided and experiential, benefiting the country economically.

The chairman also stated that P2P banking could play a bigger role in crypto transactions, and mining operations would enable Pakistan to convert excess electricity into foreign currency revenue. He stressed that global institutions are increasingly moving toward cryptocurrencies, and Pakistan must participate to maintain competitiveness.

Using examples like Singapore’s pilot security initiatives, he said Pakistan could fund crypto development through capital markets rather than relying solely on the IMF.

Bilal Bin Saqib concluded that crypto, robotics, and blockchain adoption would strengthen Pakistan’s economic integrity and global presence.

Martyrdom Day: Armed forces pay tribute to Muhammad Mahfooz

Martyrdom Day

RAWALPINDI: Lance Naik Muhammad Mahfooz’s martyrdom anniversary is being observed today, honoring his selfless bravery and dedication, as the armed forces and nation pay their respects.

According to the Inter Services Public Relations (ISPR), Field Marshal Syed Asim Munir, Chief of Army Staff & Chief of Defence Forces; Admiral Naveed Ashraf, Chief of the Naval Staff; and Air Chief Marshal Zaheer Ahmed Baber Sidhu, Chief of Air Staff, on behalf of the Armed Forces of Pakistan, pay profound homage to the immortal legacy of Lance Naik Muhammad Mehfooz Shaheed, Nishan-e-Haider, on his martyrdom anniversary.

Lance Naik Muhammad Mehfooz Shaheed stands as a towering symbol of valor, sacrifice, and unyielding devotion to the motherland.

During the 1971 war at the Wagah sector, he displayed extraordinary courage in the face of overwhelming enemy resistance. Undeterred by severe injuries and relentless fire, he pressed forward with fearless resolve, ultimately laying down his life in the highest tradition of military honor. His gallantry in battle remains one of the most luminous chapters in the history of the Pakistan Armed Forces.

His supreme sacrifice embodies the indomitable spirit, professional excellence, and selflessness that define Pakistan’s Armed Forces. Lance Naik Muhammad Mehfooz Shaheed’s heroism transcends time, serving as an enduring source of inspiration for generations of soldiers and citizens alike, reinforcing the sacred bond between the armed forces and the nation they are sworn to defend.

On this solemn occasion, the Armed Forces of Pakistan reaffirm their unwavering resolve to uphold the sovereignty, territorial integrity, and security of the nation.

The legacy of Lance Naik Muhammad Mehfooz Shaheed will forever remain etched in the nation’s collective memory, a timeless beacon of courage, resilience, and ultimate sacrifice.

Pakistan extends airspace closure for Indian aircraft until Jan 23, 2026

Pakistan extends

KARACHI:  Pakistan has extended the closure of its airspace to Indian aircraft for an additional month, the Pakistan Airports Authority announced following government approval.

According to the newly issued NOTAM, Pakistani airspace will remain closed to flights from India until January 23, 2026.

Pakistan had initially imposed the airspace closure on April 23, 2025, and has been extending it in phases since then.

Pakistan had initially imposed the airspace closure on April 23, 2025, and has been extending it in phases since then.

The airspace ban was initially imposed on April 23, 2025, and has since caused significant financial losses to Indian airlines, running into billions of rupees.

Authorities emphasized that the extension is a continuation of the previous restriction, underlining Pakistan’s strict control over its airspace regarding Indian carriers.

This move comes amid ongoing diplomatic tensions between the two neighboring countries and reflects Pakistan’s continued caution over civil and military air traffic from India.

Kashmir was never and will never be India’s, Pakistan tells UN

Pakistan tells UN

Pakistan’s Consul General Gul Qaiser Sarwani has told the United Nations in unequivocal terms that Kashmir has never been, and will never be, part of India.

Speaking at the UN Security Council in response to remarks by the Indian representative, Sarwani said that Jammu and Kashmir is an internationally recognised disputed territory, whose final status must be determined in accordance with UN resolutions and the wishes of the Kashmiri people.

He accused India of repeatedly committing acts of aggression against Pakistan, stating that New Delhi’s conduct reflects the mindset of a “rogue actor.” Sarwani said India has not only engaged in open hostility but has also been involved in the sponsorship of terrorism.

The Pakistani diplomat said there is evidence that terrorist groups operating under Indian patronage, including Tehreek-e-Taliban Pakistan (TTP) and the Baloch Liberation Army (BLA), have carried out multiple attacks inside Pakistan.

He further stated that India’s repeated acts of aggression against Pakistan constitute clear violations of international law and the UN Charter, and reiterated Pakistan’s demand that India immediately cease state-sponsored terrorism.

Addressing India’s remarks on the Indus Waters Treaty, Sarwani said New Delhi was deliberately distorting facts and misinterpreting an international agreement. He stressed that no provision of the Indus Waters Treaty allows for its unilateral suspension or amendment.

Pakistan, he added, remains committed to the treaty and to the peaceful resolution of all disputes in accordance with international law and UN principles.

Eight working groups formed ahead of 11th NFC award

NFC award

ISLAMABAD: Eight working groups have been formed by the federal government to draft recommendations for the 11th National Finance Commission (NFC) Award, according to sources.

A working group on provincial jurisdictional expenditures has been formed, headed by the Finance Minister of Punjab. Another group on resource-sharing ratios between the federal and provincial governments will be led by the Finance Minister of Balochistan.

Additional working groups include: national debt structure and utilization, improving tax-to-GDP ratio, led by the Finance Minister of Khyber Pakhtunkhwa, direct transfer of resources to provinces, headed by the Finance Minister of Sindh, integration of former FATA and NFC shares and structure of the divisible pool, led by Finance Minister Mohammad Aurangzeb.

The first meeting on the 11th NFC award was held on December 4, during which the formation of these working groups was approved.

The second meeting is expected by mid-January, where each working group will present its recommendations within its area of focus.

These working groups aim to ensure a transparent and efficient resource distribution framework between the federation and the provinces.

President, PM vow to continue relentless operation against terrorism

President

ISLAMABAD: President Asif Ali Zardari and Prime Minister Shehbaz Sharif said that Pakistan’s commitment to defeating terrorism was absolute and reiterated that there could be no soft corner for terrorists or those who supported, financed, sheltered or justified them.

“There can be no negotiations with those who raise arms against the state or target our children,” the president said in a message on the 11th anniversary of the APS Peshawar attack.

He said the memory of the APS martyrs strengthened their resolve. Pakistan would never allow the enemies of peace to succeed.

Today, he said, they remembered the innocent children and staff of the Army Public School whose lives were taken in the brutal terrorist attack on 16 December 2014, adding their sacrifice remained a solemn reminder of the heavy price the nation had paid in the fight against terrorism.

The president said that they strongly condemned the Indian sponsored terrorism in Pakistan.

The president also paid tribute to the security forces, law enforcement agencies and intelligence services whose efforts had prevented many such tragedies.

He resolved that they would continue to pursue every terrorist and every facilitator until justice was done.

“Let me take this opportunity to warn the apologists, facilitators and supporters of terrorists that the people and the armed forces of Pakistan shall not spare them and will defeat them, no matter what political, ideological or fake religious garb they try to shroud themselves in,” he stressed.

Prime Minister Sharif paying tribute to the martyrs of the Army Public School Peshawar tragedy, reiterated his government’s resolve to maintain an uncompromising zero-tolerance stance on terrorism and continue relentless and full force anti-terror operations till the elimination of the scourge.

The prime minister, in his message on the APS attack anniversary, said that the great sacrifices rendered for Pakistan’s bright future would never go in vain as the state, security institutions, and the people stood united and determined to eliminate terrorism and extremism.

“Today, we pay tribute to the martyrs of the Army Public School Peshawar tragedy, who sacrificed their precious lives for the future of our beloved homeland. This heart-wrenching incident was a great ordeal for the entire nation, which deeply saddened us but failed to break our resolve,” he remarked.

He said that the sacrifices of the innocent children, teachers, and staff of APS would always remain etched in the national conscience and only the elimination of terrorism from the country would be the meaningful justice for this heinous tragedy.

The prime minister said that the entire nation shared the grief of the martyrs’ bereaved families, and saluted their patience and resilience.

“Today, as Pakistan once again faces the menace of terrorism, with security personnel and innocent civilians being targeted in various parts of the country, the APS tragedy reminds us that our struggle against terrorism is not yet over,” he said and prayed for the highest rank in paradise for all the martyrs of this anti-terror war and patience for their families.

Pakistan strongly condemns attack on UN peacekeepers in Sudan

Pakistan

ISLAMABAD: Pakistan has strongly condemned the attack on United Nations peacekeepers in Kadugli, Sudan, which killed six Bangladesh personnel and left several others injured, the Foreign Office said in a statement.

The statement expressed deep sorrow and condolences to the government and people of Bangladesh and extended Pakistan’s full solidarity with the families of the deceased peacekeepers.

It highlighted the vital role of UN peacekeepers worldwide in conflict prevention, civilian protection, and promoting peace, adding that Pakistan salutes their sacrifice for peace and stability.

Pakistan also called for an immediate investigation into the attack and urged that those responsible be brought to justice.

The Foreign Office confirmed that Pakistan will continue to work alongside UN Security Council members and the international community to ensure the protection and safety of peacekeepers.