黑料社区

Pakistan, Saudi Fund for Development reaffirm strategic economic partnership

Pakistan, Saudi Fund for Development reaffirm strategic economic partnership
Pakistan鈥檚 Finance Minister Muhammad Aurangzeb in a meeting with the CEO of the Saudi Fund for Development (SFD) in Washington, USA, on October 15, 2025. (Foreign Ministry)
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Updated 2 min 9 sec ago

Pakistan, Saudi Fund for Development reaffirm strategic economic partnership

Pakistan, Saudi Fund for Development reaffirm strategic economic partnership
  • SFD has financed about $1.2 billion in Pakistan projects and over $533 million in grants since 1976
  • 黑料社区 remains Pakistan鈥檚 top remittance source with about 2.64 million Pakistani workers

ISLAMABAD: Pakistan鈥檚 Finance Minister Muhammad Aurangzeb this week met the CEO of the Saudi Fund for Development (SFD) to reaffirm Pakistan鈥檚 strategic partnership with the Kingdom as Islamabad seeks to deepen ties with one of its most important development and financing partners amid a renewed push to attract investment and support reforms.

黑料社区 has long been a pillar of Pakistan鈥檚 external financing and household income mix. SFD says it has financed more than 18 development projects and programs worth about $1.2 billion, alongside over $533 million in grants since 1976.聽

鈥淪enator Aurangzeb also met H.E. Sultan Abdulrahman Al-Marshad ... where he reaffirmed the strategic partnership between Pakistan and the Kingdom of 黑料社区,鈥 the finance division said in a statement after the meeting between the Pakistani finance minister and SFD CEO.

The meeting formed part of the finance minister鈥檚 broader Washington schedule on the sidelines of the IMF鈥揥orld Bank Annual Meetings, where Pakistan has pressed its case for investment, climate-resilient development, and support for a reform program aimed at stabilizing growth and strengthening the external account.

Aurangzeb鈥檚 discussion with Al-Marshad also covered infrastructure priorities, notably the M-6 highway and the ML-1 railway line upgrade, as well as skills development and digital infrastructure, areas aligned with Pakistan鈥檚 broader push to improve logistics, productivity and public service delivery. SFD, for its part, has highlighted ongoing health, hydropower and transport initiatives in Pakistan and notes that in 2024 it signed 17 loan agreements worth SR3.7 billion (approximately $985 million) across 13 countries, signaling continued capacity to support partner economies.

The meeting underscores a decades-long relationship that blends development lending with short-term balance-of-payments support. SFD notes cumulative Pakistan operations spanning social infrastructure, transport, energy, water and sanitation. The Kingdom has also supported Pakistan with a $3 billion State Bank deposit, repeatedly rolled over, most recently in December 2024, and deferred oil payments of about $1.2 billion under a facility agreed in February 2025 to ease near-term pressures.

Meanwhile, about 2.64 million Pakistanis live and work in 黑料社区, and the Kingdom is the largest single source of workers鈥 remittances to Pakistan.聽

According to the State Bank of Pakistan, remittances from 黑料社区 totaled around $737 million in August 2025 and $751 million in September 2025, the highest among all source countries.聽


China rejects link between new rare earth export curbs and US-Pakistan cooperation

China rejects link between new rare earth export curbs and US-Pakistan cooperation
Updated 8 sec ago

China rejects link between new rare earth export curbs and US-Pakistan cooperation

China rejects link between new rare earth export curbs and US-Pakistan cooperation
  • Beijing says export control changes are lawful and 鈥渉ave nothing to do with Pakistan鈥
  • Claims that Pakistan shipped rare earth minerals to US described as 鈥渕isinformed or invented鈥

ISLAMABAD: China this week denied that its new export control moves on rare earth technologies are a retaliation for alleged Pakistani-US cooperation in the sector, calling recent media claims 鈥渂aseless.鈥

Over the past several weeks, Pakistan has reportedly dispatched its first batch of rare earth elements and critical minerals to the United States under a newly signed $500 million cooperation framework, sparking speculation that Beijing might respond. 

The rare earth sector has assumed strategic importance globally, with countries seeking to reduce dependence on China, which refines the majority of the world鈥檚 rare earth supplies and has recently tightened export rules affecting minerals and technologies used in semiconductors and defense. 

At a regular press briefing in Beijing, Foreign Ministry spokesperson Lin Jian emphasized China鈥檚 鈥渁ll-weather strategic cooperative鈥 relationship with Pakistan, saying bilateral trust remains high and denying any impact on that bond.

鈥淐hina鈥檚 recently released export control measures on related rare earth items have nothing to do with Pakistan,鈥 Lin said.
鈥淭he samples that the Pakistani leaders showed and gave to the US leader are gem ores purchased by staff in Pakistan.鈥

China鈥檚 new rules expand licensing and export restrictions on certain rare earths, technologies and processing equipment, measures Beijing says are necessary to safeguard national security and fulfill international non-proliferation obligations. 锟

Lin termed the news reports that Pakistan used Chinese mining technology to send rare earth materials to the United States as 鈥渕isinformed or invented, or even designed to drive a wedge between China and Pakistan.鈥

He added that Islamabad had assured Beijing that its US engagements would not undermine Chinese interests.

鈥淧akistan stressed that its interactions with the US will never harm China鈥檚 interests or its cooperation with China,鈥 Lin said.


Pakistan reports a new clash with Afghan forces along border

Pakistan reports a new clash with Afghan forces along border
Updated 45 min 23 sec ago

Pakistan reports a new clash with Afghan forces along border

Pakistan reports a new clash with Afghan forces along border
  • This is the second time in one week that the two sides have traded fire along their long border聽
  • Pakistan state media said Afghan forces, TTP militants jointly opened fire at Pakistani post 鈥渨ithout provocation鈥澛

PESHAWAR, Pakistan: Clashes erupted Tuesday between Pakistani and Afghan forces in a remote northwestern border region, with state-run media in Pakistan accusing Afghan troops of opening 鈥渦nprovoked fire鈥 that was repulsed.

Pakistani forces responded, damaging Afghan tanks and military posts, according to Pakistan TV and two security officials, who spoke on condition of anonymity because they were not authorized to speak to the media.

Tahir Ahrar, a deputy police spokesperson in Afghanistan鈥檚 Khost province, confirmed the clashes but provided no further details.

This is the second time this week that the two sides have traded fire along their long border.

According to Pakistan鈥檚 state-run media, Afghan forces and Pakistani Taliban jointly opened fire at a Pakistani post 鈥渨ithout provocation,鈥 prompting what the media described as a 鈥渟trong response鈥 from Pakistani troops in Kurram, a district in Khyber Pakhtunkhwa province.

Security officials said Pakistan's military also destroyed a sprawling training facility of the Pakistani Taliban.

There was no immediate comment from Pakistan鈥檚 military, which has been on high alert since Saturday, when both sides traded fire across multiple border regions, resulting in dozens of casualties on each side.

Although the clashes halted on Sunday after appeals from 黑料社区 and Qatar, all border crossings between Pakistan and Afghanistan have remained closed.

Over the weekend, Kabul said that it targeted several Pakistani military posts and killed 58 Pakistani soldiers in retaliation for what it called repeated violations of Afghan territory and airspace. Pakistan鈥檚 military reported lower figures, saying it lost 23 soldiers and killed more than 200 鈥淭aliban and affiliated terrorists鈥 in retaliatory fire along the frontier.

Tensions have remained high since last week, when the Taliban government accused Pakistan of carrying out airstrikes in Kabul and in an eastern market. Pakistan has not acknowledged those allegations.

But Pakistan has previously launched strikes inside Afghanistan, saying it targets hideouts of Tehreek-e-Taliban Pakistan, or TTP, which is separate from but allied to the Afghan Taliban.

Pakistan accuses Kabul of harboring the group, which has carried out numerous deadly attacks inside Pakistan. Kabul denies the charge, saying it does not allow its territory to be used against other countries.


From grease stains to gallery walls: Karachi mechanic鈥檚 journey into surrealism

From grease stains to gallery walls: Karachi mechanic鈥檚 journey into surrealism
Updated 52 min 55 sec ago

From grease stains to gallery walls: Karachi mechanic鈥檚 journey into surrealism

From grease stains to gallery walls: Karachi mechanic鈥檚 journey into surrealism
  • Chance encounter with painter Shahid Rassam turned young mechanic鈥檚 hidden sketches into beginning of professional art career
  • Once repairing engines, Behzad Ahmed Warsi now paints surreal visions of war and emotion displayed in galleries worldwide

KARACHI: The air inside a Liaquatabad mechanic鈥檚 shop on a January evening in 2016 was thick with the smell of oil and gasoline. Amid the clang of wrenches and the growl of engines, a young worker, Behzad Ahmed Warsi, wiped grease from his hands, slipped into a quiet corner, pulled out a scrap of paper and began to draw.

That day, fate rolled in on four wheels. A car broke down near the shop, and behind the wheel was Shahid Rassam, a prominent Pakistani Canadian painter, sculptor and principal of an art school in Karachi. 

While waiting for repairs, Rassam noticed the boy sketching.

鈥淚 saw a boy who wiped off oil and then went to sit in a corner, picked up a piece of paper, and started sketching on it,鈥 Rassam recalled.

That fleeting scene, a moment of creativity in the midst of grease and noise, would alter the young mechanic鈥檚 life.

Rassam, who had long wanted to help artists from working-class backgrounds, called Warsi over.

鈥淚 asked, 鈥楧o you like drawing pictures?鈥 and he said, 鈥榊es,鈥欌 Rassam said. 

鈥淭his thought always remained in my heart to do something for those boys and girls who come from this area and from the middle class, who have no opportunity, who can鈥檛 even afford to buy a piece of paper or a pencil.鈥

He invited Warsi to his studio, marking the beginning of a transformative mentorship.

鈥淔rom the end of 2016 onwards, I started working with him [Rassam],鈥 Warsi, now 32, said. 鈥淭hat was when I saw and understood what professional art is, how it鈥檚 developed and what the whole process looks like.鈥

The only child of his parents, Warsi had been taking odd jobs to support his family. Seeing his determination, Rassam spoke to his parents.

鈥淚 spoke to his parents and got him to stop working at the mechanic shop,鈥 Rassam said. 鈥淚 told them, 鈥榃hatever little I can do, I will do it, because he has a passion for art.鈥欌

He asked just one thing in return.

鈥淐an you work hard day and night? It鈥檚 okay if there are no resources, that鈥檚 not a problem, but God has given you talent, and if you work hard, you can achieve a lot,鈥 Rassam told him.

Warsi kept his word. He earned a scholarship at the Arts Council of Pakistan, Karachi, and completed a four-year diploma in 2022 with distinction, becoming a professional artist.

Today, Warsi鈥檚 hands are 鈥渄irty with colors,鈥 as he puts it, not with oil. His chosen medium is oil paint, and his passion is surrealism.

鈥淚n this style, the imagery is realistic, but the paintings are based on symbolic elements,鈥 he said. 鈥淭he overall effect is dreamlike, it carries the feel of a dream.鈥

Much of his work explores the psychological and human dimensions of conflict.

鈥淢y topic is related to war,鈥 he said. 鈥淭he [Gaza] war that is going on these days, so in that, I show the shemagh [scarf] in such a way as if it鈥檚 very powerful or I show some kind of scenario.鈥

Animals, often crows, horses, or doves, also appear frequently in his paintings, representing 鈥渆motions鈥 or 鈥渘ations,鈥 alongside fragmented human forms.

鈥淭hrough drawings as well I am saying something,鈥 he said.

His canvases now hang in exhibitions across Pakistan and abroad.

鈥淚鈥檝e participated in exhibitions held here in Pakistan, in Karachi, Lahore, Islamabad, and other cities,鈥 he said. 鈥淚n fact, some of my paintings have also made their way abroad to countries like Qatar, UAE, Canada, and India.鈥

Rassam says his student鈥檚 rise has been remarkable.

鈥淭his shows that a boy who didn鈥檛 even have sandals or bus fare, now, by the grace of God, he drives a car, his paintings sell, exhibitions are being held in different cities of Pakistan, and among the rising artists, he is at the very top.鈥

Now teaching at the Arts Council, Warsi spends long nights in his studio, painting the dreams that once hid behind grease-stained hands.

鈥淚f that day I hadn鈥檛 met Sir, or if he hadn鈥檛 passed by, then at that time, the grease that used to make my hands dirty, today, they wouldn鈥檛 be dirty in colors,鈥 he said, smiling.

鈥淓ven if my hands still get dirty, they get dirty with colors,鈥 he laughed, 鈥渁nd with those, I am making a painting and working for exhibitions.鈥


IMF, Pakistan reach staff-level deal unlocking $1.2 billion under loan, climate programs

IMF, Pakistan reach staff-level deal unlocking $1.2 billion under loan, climate programs
Updated 15 October 2025

IMF, Pakistan reach staff-level deal unlocking $1.2 billion under loan, climate programs

IMF, Pakistan reach staff-level deal unlocking $1.2 billion under loan, climate programs
  • IMF mission says Pakistan鈥檚 recovery 鈥渞emains on track鈥 but warns recent floods threaten outlook
  • Agreement awaits board approval, total disbursements under both facilities to reach $3.3 billion

KARACHI: The International Monetary Fund (IMF) said on Tuesday it had reached a staff-level agreement with Pakistan for the second review of its 37-month Extended Fund Facility (EFF) and the first review of a 28-month Resilience and Sustainability Facility (RSF), a step that could unlock about $1.2 billion once approved by the Fund鈥檚 Executive Board.

Pakistan secured a $7 billion bailout from the IMF in September 2024 after months of negotiations to stabilize its struggling economy, rebuild reserves and attract foreign investment. The program, divided between the EFF for macroeconomic reforms and the RSF for climate resilience, came after record inflation and devastating floods pushed millions into poverty.

Since then, the IMF says implementation has remained strong, with fiscal and monetary tightening restoring a measure of stability. The current-account balance recorded a surplus for the first time in 14 years, inflation has eased and external buffers have improved.

鈥淪upported by the EFF, Pakistan鈥檚 economic program is entrenching macroeconomic stability and rebuilding market confidence,鈥 said Iva Petrova, who led the IMF mission.

鈥淭he recovery remains on track, with the FY25 current account recording a surplus 鈥 the first in 14 years 鈥 the fiscal primary balance surpassing the program target, inflation remaining contained, external buffers strengthening, and financial conditions improving.鈥

The Fund said the Pakistani authorities had reaffirmed their commitment to the reform agenda, including sustaining a fiscal surplus of 1.6 percent of GDP in FY26, tightening monetary policy to keep inflation within the State Bank鈥檚 5鈥7 percent target range, and continuing structural changes to restore the energy sector鈥檚 viability and prevent circular-debt accumulation.

However, the IMF warned that recent floods, which have affected about 7 million people and caused more than 1,000 deaths, had darkened Pakistan鈥檚 outlook, particularly for agriculture, and could drag FY26 growth down to around 3.3鈥3.5 percent.

鈥淭he floods underscore Pakistan鈥檚 high vulnerability to natural disasters and substantial climate-related risks, and the continuing need to build climate resilience,鈥 Petrova said.

The IMF also noted progress on climate and governance reforms under the RSF, including steps to promote green mobility, improve disaster-risk financing and strengthen water-system resilience.


Pakistani politician re-dedicates conflict-themed novella to Gaza鈥檚 children as ex-foreign minister warns over ceasefire

Pakistani politician re-dedicates conflict-themed novella to Gaza鈥檚 children as ex-foreign minister warns over ceasefire
Updated 12 min 51 sec ago

Pakistani politician re-dedicates conflict-themed novella to Gaza鈥檚 children as ex-foreign minister warns over ceasefire

Pakistani politician re-dedicates conflict-themed novella to Gaza鈥檚 children as ex-foreign minister warns over ceasefire
  • Former Senate chairman Mian Raza Rabbani says Gaza鈥檚 suffering has surpassed the fictional horrors in his 2020 book
  • Ex-foreign minister Bilawal Bhutto-Zardari calls Gaza war 鈥渉istory鈥檚 first live-streamed genocide鈥 and urges vigilance over ceasefire

KARACHI: Pakistani politician and author Mian Raza Rabbani on Tuesday launched a rededicated edition of his 2020 novella The Smile Snatchers, dedicating it to the children of Gaza.

According to Gaza health authorities, at least 20,000 children have been killed since Israel launched its military operation in Gaza in October 2023.

On Tuesday, Rabbani, a senior leader of the Pakistan Peoples Party (PPP) and former chairman of the Senate, relaunched his book, saying the violence in Gaza had outstripped even the darkest fictional realities he once imagined in his writing.

鈥淭his book, which I wrote in 2020, and which was about the suffering of children in conflict areas, and in which I wrote some stories as fiction, stories that were related to Palestine, today, what we see unfolding in reality goes far beyond what I had written,鈥 he said.

The Smile Snatchers follows the story of Zaheer, a struggling artist haunted by visions of suffering children from around the world. Through his art, he seeks to preserve their lost innocence, a metaphor Rabbani said resonates even more deeply today.

The author said he had intended to write a new work but was emotionally paralyzed by the scale of the devastation.

鈥淢y heart wanted to write something else, but neither my pen nor my mind supported me,鈥 he said. 

鈥淏ut then a thought crossed my mind鈥 I decided that it would be appropriate to rededicate this book to the children of Gaza who have suffered genocide and apartheid at the hands of the Zionist occupying state.鈥

BHUTTO-ZARDARI WARNS AGAINST 鈥楤ETRAYAL鈥 OF GAZA CEASEFIRE

Pakistan鈥檚 former foreign minister and PPP chairman Bilawal Bhutto-Zardari, who attended the launch of the book, praised Rabbani鈥檚 rededication as 鈥渁 fitting tribute鈥 amid what he called 鈥渉istory鈥檚 first live-streamed genocide.鈥

鈥淚 would also like to thank Raza Rabbani Sahib for thinking, especially at this time and in these days, of dedicating the book to the children of Gaza,鈥 he said. 鈥淟ike most of the world, every Pakistani stands in full solidarity with the Muslims of Gaza and Palestine.鈥

Bhutto-Zardari welcomed the newly announced ceasefire in Gaza but warned that Israel鈥檚 history of violations warranted caution.

鈥淲hile the whole world welcomed the declaration of a ceasefire鈥 history has shown us that if any country has violated ceasefires the most, it is this Zionist regime,鈥 he said. 

鈥淪o, while we welcome this ceasefire and hope it will continue, the entire Muslim Ummah will be watching this closely to ensure the ceasefire is not broken.鈥

The PPP chairman added that the war had targeted not only civilians but professionals on the front lines of humanitarian work.

鈥淭his genocide has not only claimed children, it has also been a genocide of journalists. It has been a genocide of doctors and nurses as well,鈥 he said.

Bhutto-Zardari also referred to Pakistan鈥檚 participation in recent diplomatic engagements in Egypt, where Prime Minister Shehbaz Sharif attended the ceasefire ceremony at the invitation of US President Donald Trump.

鈥淭here is a restlessness, a doubt, a danger, a fear about how we can be sure that there won鈥檛 be some betrayal of this agreement,鈥 he said.