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TRUMP SAYS THERE WILL BE A DEAL WITH IRAN AFTER THE MIDTERMS
Profit
Wednesday, 23 September, 2026 | 10 Rabius Sani, 1448
Rs 20.00 | Vol XVII No 179 | 8 Pages | Karachi Edition
trump calls pM Shehbaz 'terrific man' at unga, repeats role in pakistan-india ceasefire UNITED NATIONS AGENCIES
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NEW YORK AGENCIES
S President Trump said in his address to the UN General Assembly on Tuesday that there would be a deal with Iran after the midterm elections in November. "I believe we'll make a deal right after the election because it doesn't make sense for them not to. They're waiting to see how I do in the midterm election," Trump said, in reference to the US midterm elections. During his remarks on Iran, Trump said he had a choice to make about whether to pursue war or peace with the country. "I have a big decision to make. Will a deal be made with Iran that lets them rebuild and create a far greater
country than it ever was before?" "Or do I annihilate the Islamic Republic and do it quickly, never giving them a chance to kill and destroy people and countries again? Do I drive them into hell with no chance of survival and no hope of future greatness or generations?" he said. Trump again said he would never allow Iran to have a nuclear weapon. "They were the bully of the Middle East, but they are the bully no more." "I call on all nations to join us in enforcing the complete economic isolation of Iran until they stop their attacks on commercial shipping, relinquish their nuclear ambitions, and cease their support of terror," Trump added. Trump started his speech by listing what he described as the achievements of
US President Donald Trump on Tuesday called Prime Minister Shehbaz Sharif a “terrific man” during his address to the United Nations General Assembly, while again highlighting his role in bringing an end to the PakistanIndia military escalation in May 2025. In a wide-ranging speech touching on conflicts in Iran and Gaza, artificial intelligence and his criticism of the United Nations, Trump claimed that he had helped settle eight wars since taking office. “Since I took office, it has been my honour to help settle eight wars, and in so doing, become friendly with the leaders of many of those countries,” he said. Trump attributed his efforts to his “great relations” with world leaders as well as the use of tariffs, and listed Pakistan and India among the conflicts he said he had helped resolve. He also cited Thailand and Cambodia, Armenia and Azerbaijan and the Gaza conflict. “The prime minister of Pakistan — terrific man — said that Donald Trump was responsible for saving 30 million
his second term as president. "We inherited a dark age of America from the previous administration, and we turned it into the golden age of America," he said, touting his record on the economy, immigration and crime.
lives and probably many more than that,” Trump said. Tensions between Pakistan and India escalated sharply in April 2025 following a deadly attack on tourists in occupied Kashmir, which India blamed on Pakistan. Islamabad rejected the allegation. The two nuclear-armed neighbours subsequently exchanged strikes before Trump announced that they had agreed to a ceasefire in May. Trump has repeatedly claimed credit for helping end the military confrontation and has referred to the episode in subsequent speeches and public statements. He has also repeatedly praised Field Marshal Asim Munir, Chief of Defence Forces and Chief of Army Staff, describing him on different occasions as a “highly respected general”, a “great fighter” and “my favourite”. Trump threatens Iran with 'annihilation' The US president also used his UNGA address to defend Washington’s military action against Iran and warned that he could “annihilate the Islamic Republic” if Tehran failed to reach a peace agreement.
s"I can report to you with pride that America is back, and our country is stronger today than ever before," Trump added.
Continued on page 03
Six terrorists killed, nine arrested in Balochistan IBO RAWALPINDI
PM Shehbaz, Kuwait Crown Prince discuss strengthening bilateral ties NEW YORK
STAFF REPORT
Prime Minister Muhammad Shehbaz Sharif met Kuwait’s Crown Prince Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah on the sidelines of the high-level segment of the 81st session of the United Nations General Assembly in New York. The prime minister conveyed warm greetings to the Crown Prince and reaffirmed Pakistan’s strong and brotherly relations with Kuwait. The two leaders reviewed bilateral ties and discussed ways to further expand cooperation in areas of mutual interest. Prime Minister Shehbaz underscored the importance Pakistan attaches to its relations with Kuwait and highlighted significant potential for greater cooperation in trade, investment, energy and human resource development. The two leaders also exchanged views on regional and international developments and reiterated their shared commitment to promoting peace, stability and prosperity.
STAFF REPORT
Six terrorists were killed and nine suspected individuals arrested during an intelligencebased operation (IBO) in Balochistan’s Saran Tangi area, security sources said on Tuesday. The operation, conducted under Operation Shaban-2, was launched on the basis of intelligence information against militants identified by the state as members of Fitna al Hindustan, according to state-run Radio Pakistan. Security forces recovered a large quantity of weapons and ammunition from the possession of the slain terrorists, the report said. “Security forces are continuing operations against terrorists in the area, which will continue until the last terrorist is eliminated,” Radio Pakistan reported, quoting security sources. President Asif Ali Zardari commended the security forces for what he described as their bravery and professional skills in thwarting the terrorists’ objectives.
“The war against terrorism resulting from foreign interference will continue,” the president said, adding that Fitna al Hindustan and its facilitators would not succeed in undermining Pakistan’s peace and stability. Interior Minister Mohsin Naqvi also praised the security forces for the operation, saying they had foiled the “nefarious designs” of Fitna al Hindustan. “The brave soldiers of the security forces are the pride of the nation,” Naqvi said in a statement on X, adding that the
nation stood “shoulder to shoulder” with the security forces in the fight against terrorism. The latest operation comes amid an increase in militant attacks in Balochistan, prompting security forces to intensify intelligence-based operations across the province. According to a monthly assessment by the Pakistan Institute for Conflict and Security Studies, terrorist attacks in Balochistan increased by seven per cent, from 83 in July to 89 in August.
Pakistan, France discuss expanding defence cooperation RAWALPINDI
STAFF REPORT
France’s Secretary-General for Defence and National Security Nicolas Roche, accompanied by the French ambassador to Pakistan, visited General Headquarters (GHQ) on Tuesday and met Field Marshal Syed Asim Munir, the Inter-Services Public Relations (ISPR) said. During the meeting, the two sides discussed matters of mutual interest, regional security and bilateral cooperation in defence and security, according to the military’s media wing. Field Marshal Munir reaffirmed Pakistan’s commitment to strengthening bilateral relations with France and expanding cooperation in the defence and security domains, ISPR said. Roche acknowledged Pakistan’s efforts to promote regional peace and stability and reiterated France’s interest in broadening cooperation with Pakistan in areas of mutual interest. The meeting provided an opportunity for both sides to discuss ways to further strengthen bilateral defence and security ties amid evolving regional security dynamics.
JI postpones its long march until first week of Oct at PM's request MULTAN
STAFF REPORT
Jamaat-i-Islami (JI) Emir Hafiz Naeemur Rehman said on Tuesday that the party had postponed its long march until the first week of October at the request of Prime Minister Shehbaz Sharif, while making it clear that its protest campaign would continue. Addressing a press conference in Multan, Hafiz Naeem said the JI was raising issues concerning the basic problems faced by the public and accused the government of using petrol prices and tax collection to conceal corruption. He said sit-ins were continuing in 42 cities and that the party had already asked the government in writing to withdraw the levy, but received a negative response. The JI chief said several meetings had been held with the government and the party had also launched a train march from Karachi to Rohri and onward to Multan as part of its campaign over public issues. Hafiz Naeem said rising petroleum prices had created a difficult situation across the country, adding that the government’s relief package would benefit the government rather than address the concerns raised by the JI. According to him, the prime minister had requested that the long march be postponed. He said the party would not withdraw from its protest movement and that sit-ins would continue. “We will not stop,” Hafiz Naeem said, adding that the long march had been deferred until the first week of October. He said the JI would seek written assurances from the government and would hold further talks with the prime minister after his return to the country. Hafiz Naeem said the party’s agenda was not confrontation or disorder but relief for the people. He warned that if the government failed to provide relief, the long march would resume. “Our Multan sit-in will continue,” he said, adding that the party would meet and negotiate with the government but would not abandon its long march.
02 NEWS
Wednesday, 23 September, 2026 | KARACHI
PAKISTAN LOCKS IN 365,000 TONNES OF WHEAT AT $348.83, SEEKS ANOTHER 185,000 TONNES
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PROFIT
MONITORING REPORT
HE Trading Corporation of Pakistan (TCP) has finalised deals with seven bidders for the import of 365,000 metric tonnes of wheat at $348.83 per tonne and issued a second tender for another 185,000 metric tonnes, which would complete the government’s revised import target of 550,000 metric tonnes, Business Recorder reported. The revised target follows a reduction in wheat requirements by the provinces from the previously planned 750,000 metric tonnes. TCP had issued its first tender on September 8 for the import of 750,000 metric tonnes for delivery at Karachi or Gwadar port. When the tender opened on September 16, 13 parties participated. Two bidders submitted regret letters, nine were found technically and financially responsive and two were declared non-responsive. The nine responsive bids covered
656,000 metric tonnes and ranged from $348.83 to $369.95 per metric tonne. Agrocorp submitted the lowest bid, offering 55,000 metric tonnes at $348.83 per tonne, while M/s Olam submitted the highest bid for 55,000 metric tonnes at $369.95 per tonne. Following evaluation, TCP accepted the lowest offer of $348.83 per tonne and
Listed auto firms' profits jump 39% to Rs28.4b as vehicle sales, financing surge PROFIT
WEB DESK
The combined profitability of automobile companies listed on the KSE-100 index increased 39.2% year-on-year to Rs28.4 billion during the quarter ended June 2026, supported by strong vehicle sales, new model launches and a substantial increase in auto financing, according to an Arif Habib Limited (AHL) research report. The sector’s cumulative revenue grew 33.7% to Rs310.9 billion, while gross profit increased 29% to Rs46.9 billion. The sector posted an overall gross margin of 15.1% and a net margin of 9.1%. Sales of passenger cars, light commercial vehicles and 4x4s increased 32.4% to 62,416 units from 47,155 units in the same period last year. Outstanding auto financing climbed 38% year-onyear to Rs381.69 billion by the end of June 2026, compared with Rs277 billion a year earlier. Other income increased 53.5% to Rs11.4 billion, mainly due to one-off gains related to the Sindh Infrastructure Development Cess and higher returns on cash balances. Sazgar Engineering Works emerged as the sector’s largest earnings contributor, with quarterly profit rising 150.6% to Rs8.7 billion. Revenue surged 180.7%, supported by a more than twofold increase in four-wheeler sales to 6,549 units and deliveries of the Tank 500. Atlas Honda’s earnings increased 25.2% to Rs6 billion, while Honda Atlas Cars recorded a threefold increase in profit to Rs2.5 billion. Millat Tractors’ earnings rose 36.3% to Rs1.8 billion as its sales volume grew 42.4%. Indus Motor’s profit, however, declined 5.4% to Rs6.1 billion amid lower revenue and growing competition. Ghandhara Automobiles’ consolidated profit fell 14.6% to Rs1.6 billion, while Ghandhara Industries’ earnings remained broadly unchanged at Rs1.7 billion.
offered the same price to the other responsive bidders for equivalent quantities. Six of the remaining eight responsive bidders agreed to match the price. TCP consequently finalised deals with seven bidders for a combined 365,000 metric tonnes of wheat. Under the tender terms, successful bidders are required to ship the wheat be-
tween October 11 and October 31, with the commodity due to arrive in Pakistan by November 20, 2026. To meet the remaining requirement, TCP has issued a second tender for 185,000 metric tonnes of wheat. Under Rule 21(A) of the Public Procurement Rules, 2004, sealed bids have been invited from international suppliers for the latest crop-year wheat on a CFR bulk Karachi or Gwadar basis, with a +/10% MOLSO provision. Offers for quantities below 60,000 metric tonnes will not be accepted. The second tender will open on September 28, 2026. Technical bids are scheduled to be opened at 1200 hours in TCP’s boardroom, while financial bids from technically qualified bidders will be opened after completion of the technical evaluation on the same day. Sources said the provinces’ reduced requirements prompted TCP to cut the planned import volume from 750,000 metric tonnes to 550,000 metric tonnes. The 185,000-tonne second tender, combined with the 365,000 tonnes already finalised, would complete the revised target.
Lotte Chemical Pakistan shareholders approve name change to Noventra, double authorised capital PROFIT NEWS DESK
Shareholders of Lotte Chemical Pakistan Limited have approved changing the company’s name to Noventra Limited and doubling its authorised share capital to Rs40 billion. The resolutions were approved at the company’s Extraordinary General Meeting (EGM) held in Karachi on September 22, 2026, according to a filing with the Pakistan Stock Exchange (PSX). Under the first resolution, shareholders approved an increase in authorised share capital from Rs20 billion to Rs40 billion.
The existing authorised capital comprises 2 billion ordinary shares with a face value of Rs10 each. Following the increase, the company will have authorised capital comprising 4 billion ordinary shares of Rs10 each. Shareholders also approved the corresponding amendments to the company’s Memorandum and Articles of Association to reflect the higher authorised share capital. In a separate resolution, shareholders approved changing the company’s name from Lotte Chemical Pakistan Limited to Noventra Limited. The name change remains subject to the approvals, consents and
permissions required under applicable laws. Once these requirements are completed, references to Lotte Chemical Pakistan Limited in the company’s Memorandum and Articles of Association will be replaced with Noventra Limited. The company’s chief executive officer, chief financial officer and company secretary have been authorised to complete the necessary formalities related to both resolutions, including filing amended corporate documents, forms, declarations, circulars and other papers with the Securities and Exchange Commission of Pakistan and other relevant authorities.
Tariq Majeed Jaswal Leaves an Enduring Legacy in Pakistan's Hydrocarbon Exploration ISLAMABAD
STAFF REPORT
Pakistan has lost distinguished petroleum geoscientist Tariq Majeed Jaswal, whose career converted knowledge of Pakistan's geology into indigenous energy. Jaswal built a rare career spanning research, structural geology, seismic interpretation and drilling, ultimately heading exploration at OGDCL and later Pakistan Oilfields Limited (POL). OGDCL records list him as General Manager Exploration through the late 2000s to 2011 — one of Pakistan's most productive phases. From FY2006-11, 149 wells were spudded with 25 discoveries under his organization, including 10
discoveries in FY2006-07, an alltime high. Key finds included Mela1, Nashpa-1, Reti-1A, Maru-1,
Baloch-1, Shah-1, Sheikhan-1 and Gopang-1. In 2009-10 alone, six discoveries added 14.07 million barrels oil and 161.10 BCF gas. At POL, his tenure saw Jhandial Well-1 — described as Punjab's largest oil and gas discovery — plus Joyamair Deep-1 and Khaur North-1. He was also a noted researcher. His 1997 AAPG Bulletin paper on the Northern Potwar Deformed Zone remains a cited reference on Potwar's thrust systems. Colleagues note many prospects now being drilled trace back to maps he left behind. His legacy is both reserves and a roadmap. May Allah accept his work as Sadaqah-e-Jariyah and grant him Jannat-ul-Firdous. Ameen.
FrieslandCampina Engro Pakistan picks Fauji Foods chief Usman Zaheer Ahmad for CEO role PROFIT
NEWS DESK
FrieslandCampina Engro Pakistan Limited (FCEPL) has approved the appointment of Fauji Foods chief Usman Zaheer Ahmad as its new chief executive officer, following the resignation of Kashan Hasan from the position. In a notice to the Pakistan Stock Exchange (PSX) on Tuesday, FrieslandCampina Engro Pakistan said its board had approved Ahmad’s appointment as CEO. His date of joining will be announced in due course. “This is to inform you that the Board of Directors has approved the appointment of Mr Usman Zaheer Ahmad as Chief Executive Officer of FrieslandCampina Engro Pakistan Limited (the “Company”). The date of joining of Mr Usman Zaheer Ahmad will be informed in due course,” read the FrieslandCampina Engro Pakistan’s notice.
The appointment comes a day after FCEPL disclosed that Kashan Hasan had resigned as both CEO and director of the company. However, the company said that Hasan will continue performing both roles until completion of his notice period under the rules. Meanwhile, Fauji Foods said in a separate PSX notice dated September 21 that Ahmad had resigned as its CEO with effect from September 18, 2026. Ahmad has led Fauji Foods since March 1, 2022. He has more than two decades of corporate, commercial and operational experience across local and international markets and holds an MBA from IBA, University of the Punjab. Fauji Foods said that Ahmad will continue performing his duties as CEO until completion of his notice period. The company said its board would appoint a new CEO in due course.
The executive changes will see FrieslandCampina Engro Pakistan transition from Hasan to Ahmad, although FCEPL has yet to announce Ahmad’s joining date. FrieslandCampina Engro Pakistan is a publicly listed Pakistani company and a subsidiary of FrieslandCampina Pakistan Holdings B.V., which is owned by Zuivelcoöperatie FrieslandCampina UA. The company manufactures, processes and sells dairy products and frozen desserts and also owns and operates a dairy farm.
Fauji Cement approves 50 MWh battery storage, 10 MW solar project PROFIT
NEWS DESK
Fauji Cement Company Limited (FCCL) has approved the installation of battery energy storage systems (BESS) with an aggregate capacity of 50 MWh alongside 10 MW of dedicated solar power capacity at its Nizampur and Jhang Bahtar plants. In a notice to the Pakistan Stock Exchange (PSX) on Tuesday, the company said its board of directors had approved the project through a resolution by circulation. FCCL will install a 25 MWh battery energy storage system along with a dedicated 5 MW solar power setup at each of its Nizampur and Jhang Bahtar plants, taking the combined capacities to 50 MWh and 10 MW, respectively. “The Board of Directors of Fauji Cement Company Limited (“FCCL” or the “Company”) has approved, through Resolution by Circulation, the installation of Battery Energy Storage Systems (BESS) of 25 MWh along with dedicated Solar Power Setups of 5 MW each at the Company’s Nizampur and Jhang Bahtar Plants. Accordingly, the project will have an aggregate BESS energy capacity of 50 MWh and aggregate dedicated solar capacity of 10 MW,” read the notice. The company said the project would be completed within 10 months from its start date. The battery systems are intended to store solar energy generated during the daytime for discharge during evening peak hours. According to FCCL, the project is aimed at reducing its reliance on peak grid electricity, optimising energy costs and enhancing the company’s renewable energy capacity.
Pakistan, Saudi Arabia waive visas for diplomatic, official passport holders
PROFIT NEWS DESK
Pakistan and Saudi Arabia on Tuesday signed an agreement abolishing visa requirements for holders of diplomatic and official/special passports, a move aimed at facilitating high-level engagement and institutional exchanges between the two countries. Deputy Prime Minister and Foreign Minister Ishaq Dar signed the agreement with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud on the sidelines of the 81st session of the United Nations General Assembly in New York. “Pleased to announce that on the sidelines of #UNGA2026, I signed today with my brother, His Highness Prince Faisal bin Farhan, the ‘Agreement between the Islamic Republic of Pakistan and the Kingdom of Saudi Arabia on the abolition of visa requirements for holders of Diplomatic and Official/Special Passports,’” Dar said. “This important step will further facilitate highlevel engagement and institutional exchanges, and contribute to advancing our enduring and brotherly strategic partnership across all areas of mutual interest,” he added. The two foreign ministers signed the agreement during a meeting and also discussed bilateral and regional matters, according to the Foreign Office. The two sides also discussed matters relating to the Makkah Joint Defence Agreement and reaffirmed their commitment to strengthening cooperation under the agreement. Dar expressed Pakistan’s solidarity with Saudi Arabia and condemned recent attacks targeting the Kingdom. Both sides reaffirmed their commitment to regional peace, stability and security, while stressing the importance of sustained high-level exchanges and continued coordination on bilateral and regional matters of mutual interest.
Foreign investors pour $275m into govt bonds in FY27 so far PROFIT
MONITORING REPORT
Foreign investment in Pakistan’s domestic government bonds reached $275 million during the first 70 days of FY2026-27, with the United Arab Emirates emerging as the largest investor and foreign funds also returning to long-term Pakistan Investment Bonds (PIBs), according to the State Bank of Pakistan (SBP) data. Data shows foreign investors placed $151.4 million in Treasury Bills and $123.7 million in PIBs between July 1
and September 11. The UAE accounted for $100 million of the inflows, including $90 million invested in PIBs and $10 million in Tbills. The increased investment came despite the ongoing Gulf war and its impact on investment activity in the region. Financial experts attributed the interest partly to yields of around 12% on Pakistani government bonds, which they said remained attractive to investors with available liquidity. The UK was the second-largest investor, putting $60.7 million into T-bills while making no investment in PIBs dur-
ing the period. Luxembourg invested $44.4 million, comprising $25 million in PIBs and $19.4 million in T-bills. US investors placed $8.6 million in PIBs and $23 million in T-bills, taking their combined investment to $31.6 million. Bahrain invested another $30 million in T-bills. The shift towards longer-term government securities was also visible in early September. During the first 11 days of the month, foreign investment in PIBs reached $49.7 million compared with $12 million in T-bills.
Foreign direct investment also increased during the period. FDI rose 80% to $316 million in August from $175 million in the same month last year. During the first two months of FY27, FDI increased 24% to $494.5 million compared with $398.6 million in the corresponding period of the previous fiscal year. Financial experts, however, cautioned that the regional environment remained uncertain and said the recent portfolio inflows might not be sustainable, describing much of the investment as geared towards short-term returns and a quick exit.
PAKISTAN’S INFLATION EXPECTED TO EASE TO 10% IN SEPTEMBER: REPORT
Wednesday, 23 September, 2026 | KARACHI
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PROFIT
web Desk
AKISTAN’S headline inflation is expected to ease to 10.0% year-on-year (YoY) in September 2026 as slightly lower food prices offset a sharp increase in transport and electricity costs, according to estimates by AKD Research. On a month-on-month (MoM) basis, however, the National Consumer Price Index (N-CPI) is projected to increase by 0.9%, taking the index to 303.1 in September from 300.4 in August. The index stood at 275.6 in September last year. Food prices, which carry a 34.5% weight in the inflation basket, are expected to decline by 0.7% MoM as improved supply conditions ease prices of both perishable and non-perishable items. On a YoY basis, food inflation is projected at 7.2%. Among major food items, tomato prices are expected to fall 25.2% MoM, followed by chicken at 7.2%, eggs at 2.6% and
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food prIces projected to fall 0.7% mom, WhIle transport costs rIse 7.6% on hIgher petrol and dIesel prIces; overall cpI seen up 0.9% mom
potatoes at 2.2%. Prices of pulse moong, sugar and rice are projected to decline by 1.5%, 1.0% and 0.5%, respectively. Onions are expected to move in the opposite direction, with prices projected to jump 23.0% MoM due to the closure of the Afghan border. Wheat prices are also expected to increase by 2.1% amid higher international prices and domestic shortages. The easing in food prices is expected to partially offset significant increases elsewhere in the inflation basket, particularly transport and housing. Transport inflation is projected at 29.7% YoY in September, the highest annual increase among the major groups listed in AKD's estimates. On a monthly basis, the transport index is expected to climb 7.6%, driven mainly by a 15.4% increase in motor spirit prices and a 10.9%
Govt removes banks from pension verification, shifts proof of life to NADRA PROFIT
news Desk
The federal government has formally removed commercial banks from the routine biometric and proofof-life verification of federal pensioners, shifting the process to a NADRA-based digital system directly connected with government accounting authorities. Under revised Standard Operating Procedures (SOPs) issued by the Ministry of Finance, pensioners will be required to complete digital Proof of Life Certificate (PoLC) verification at least once every six months through NADRA’s Pak-ID mobile application or other authorised NADRA channels. The government has also abolished the fixed March and September verification requirements, allowing pensioners to complete verification at any time during the applicable six-month period. The SOPs apply to federal government pensioners who are retired civil servants, including those living abroad but receiving their pensions in Pakistan under the Defined Benefits Pension Scheme. NADRA has integrated pensioners’ data with the Controller General of Accounts (CGA) and Military Accountant General (MAG) through secure API-based connectivity. A Digital Life Signal confirming a pensioner’s continued existence will be transmitted directly from NADRA to CGA or MAG, bypassing commercial banking channels. Commercial banks will now primarily serve as pension disbursement agencies and will have no routine role in collecting, retaining or validating Proof of Life Certificates or biometric data. However, banks may provide verification where specifically authorised to operate as NADRA PoLC centres. Pensioners will also be able to verify themselves through the Pak-ID app, NADRA Registration Centres, mobile units and eSahulat franchises. The revised SOPs supersede previous procedures and also abolish the physical “Disburser’s Half”, or paper-based pension payment documentation. Digital registers maintained through the integrated system will now constitute the official record for pension disbursement.
BANKS BARRED FROM MAKING PENSION ACCOUNTS DORMANT: Under the new rules, commercial banks cannot classify a pension account as dormant or impose debit restrictions merely because a pensioner has not submitted proof of life to the bank. Banks also cannot compel pensioners to visit branches for biometric verification. Pensioners approaching branches with physical proof-of-life documentation must instead be directed towards the Pak-ID application or designated NADRA centres. Accounts that were marked dormant before August 22, 2026 can be reactivated through NADRA biometric or PoLC verification, or upon receipt of pension credit from CGA or MAG from September onwards.
PAYMENTS SUSPENDED AFTER SIX MONTHS WITHOUT VERIFICATION: While banks cannot make pension accounts dormant over proof-of-life requirements, pension payments will be temporarily suspended if the central system does not receive a valid Digital Life Signal for six consecutive months. The account will move into “suspense status” rather than being classified as dormant. Once the pensioner successfully completes biometric verification, the system will automatically restore the account to active status and release accrued pension arrears without requiring approval from the bank. The integrated system will also receive information relating to death registrations and changes affecting family pension eligibility.
PHYSICAL OPTION RETAINED: The government has retained a fallback mechanism for pensioners unable to generate digital proof of life because of lack of digital access, extreme advanced age or debilitating medical conditions, as well as certain family pension cases where relevant information is not updated in NADRA records.
rise in high-speed diesel prices. The brokerage said the impact of higher petroleum prices on the transport index was being moderated by increasing competition from cheaper public transportation and stable rail fares. Housing inflation is forecast at 12.0% YoY and 2.0% MoM, with the monthly increase expected to be the fastest since April 2026. Electricity charges are projected to rise 10.1% MoM, primarily due to a higher positive Fuel Charges Adjustment (FCA) of Rs2.06 per kWh compared with Rs0.75 per kWh in August, along with the replacement of a negative Rs1.99 per unit Quarterly Tariff Adjustment (QTA) with a positive QTA of Rs0.52 per unit. Liquefied hydrocarbon prices are projected to increase by 8.6% MoM amid supply disruptions following the closure of
the Strait of Hormuz during the ongoing US-Iran conflict. Communication inflation is forecast at 13.7% YoY, driven by a 16.7% increase in communication services. Clothing prices are expected to rise 8.9% YoY, followed by education at 7.8% and health at 7.3%. Furnishing inflation is projected at 6.9%, restaurants at 6.1% and beverages at 4.1%. Recreation and culture is expected to record the slowest annual increase at 2.4%, primarily due to a decline in textbook prices. Meanwhile, the miscellaneous category is projected to rise 10.9% YoY. Overall, AKD expects easing food prices to bring annual headline inflation down to 10.0% in September even as higher petroleum prices and electricity charges continue to exert upward pressure on the CPI.
Closed Pakistan Steel Mills racks up Rs79.3 billion losses in three years g
Interest on legacy debt accounts for rs57.4b, or 72%, of three-year losses as closed mIll contInues to Incur salary and utIlIty costs PROFIT
Monitoring report
Pakistan Steel Mills (PSM) accumulated losses of Rs79.3 billion over the past three fiscal years despite remaining closed, with interest on legacy debt accounting for nearly three-fourths of the total, according to official figures from the Ministry of Industries. The state-owned steel mill, which has remained shut since June 2015, recorded a loss of Rs24 billion in fiscal year 2025-26 alone. Between FY2023-24 and FY2025-26, interest expenses amounted to Rs57.4 billion, representing around 72% of PSM's cumulative losses during the period. Annual interest costs stood at Rs17.7 billion in FY2025-26, around Rs1.3 billion lower than the preceding year due to lower interest rates. Of this amount, Rs11.8 billion was interest on government loans, while another Rs5.2 billion was paid against commercial bank borrowing. The losses have continued despite the mill having
no production operations, as expenses relating to salaries, utilities and outstanding debt remain on its books. As of FY2024-25, PSM's cash development loan stood at Rs108 billion, carrying annual interest costs of around Rs11.5 billion, according to the Central Monitoring Unit (CMU). The company also had more than Rs40 billion in bank loans, mainly from the state-owned National Bank of Pakistan. The CMU had recommended restructuring PSM's debt through measures including debt-toequity swaps and negotiated writedowns, arguing that the liabilities were obstructing potential strategic investment. However, the proposed restructuring was not implemented. It also recommended a government-led debt clean-up exercise, including carving liabilities out into a holding company. The CMU noted that interest continued to accumulate despite the absence of operations, turning legacy debt into an ongoing fiscal burden. The monitoring unit said Rs40 billion in guarantees were required to prevent default even though PSM re-
mained non-operational. Beyond debt servicing, the government continued to bear other costs associated with the closed mill. Ministry of Industries figures showed that Rs3.9 billion was spent on employee salaries over the past three fiscal years, although salary payments declined by 50% in FY2025-26 compared with the preceding year. Another Rs9.1 billion was spent on fuel, electricity, water and gas during the three-year period. These expenses fell by around one-third in FY2025-26 compared with the previous year. The CMU described PSM's accumulated debt and liabilities as an ongoing fiscal drain through wage support and debt servicing. It also cited technological obsolescence, lack of modernisation and absence of production capacity among the problems facing the mill. It recommended exploring joint ventures with global steel manufacturers to bring in technical expertise and foreign capital, alongside reforms in debt management, subsidy governance and operational modernisation.
NEWS 03
Major global lenders line up for $6.8 billion ML-1 after China’s exit, NA panel told adb being considered as lead financier, with aIIb and Wb making co-financing commitments; project cost cut from around $9 billion after reassessment PROFIT
Monitoring report
Major international lenders have shown interest in financing Pakistan’s 1,800kilometre Karachi-Peshawar Main Line-1 (ML-1) railway project, whose estimated cost has been revised down to around $6.68-$6.80 billion from approximately $9 billion, Dawn reported. The Asian Development Bank (ADB) is being considered as the lead financing institution, while the Asian Infrastructure Investment Bank (AIIB) and World Bank have made co-financing commitments, the National Assembly Standing Committee on Economic Affairs Division was informed. The European Investment Bank, Islamic Development Bank and Japan International Cooperation Agency have also expressed interest in the project. An Economic Affairs Division team led by Secretary Humair Karim briefed the committee, which was presided over by Mirza Ikhtiyar Baig. The project’s design has been re-evaluated to identify gaps and incorporate necessary improvements, bringing its cumulative estimated cost down to approximately $6.68-$6.80 billion compared with the earlier estimate of around $9 billion. The committee was told that the ML-1 is planned as more than an infrastructure rehabilitation project, with institutional and operational reforms also forming part of the plan to improve the efficiency, sustainability and service delivery of Pakistan Railways. The upgraded infrastructure is being designed to accommodate train speeds of up to 160 kilometres per hour, although the currently envisaged operational speed is up to 120 kilometres per hour. The parliamentary committee raised reservations over the difference and called for the project to make greater use of modern railway technologies and international standards. It said infrastructure and operating parameters should be aligned to allow trains to operate at 160 kilometres per hour where technically and economically feasible, rather than limiting the benefits of the upgraded railway infrastructure. The targeted construction period for the ML-1 project is around three years.
Fauji Foods CEO Usman Zaheer Ahmad resigns
Trump says there will be a deal with Iran after the midterms CONTINUED FROM PAGE 01
SAUDI KING DENOUNCES HOUTHIS AS 'TERRORIST MILITIA' AFTER MAKKAH ATTACK: Saudi King Salman has denounced Yemen’s Houthi rebels as a “terrorist militia” following an attack that authorities said targeted the holy city of Makkah last week. The 90-year-old monarch praised the armed forces and security services for defending the kingdom and condemned the Houthi attempt “to target Makkah”, describing it as “a provocation to Muslims around the world”, according to the official Saudi Press Agency. Earlier, Russian President Vladimir Putin spoke by phone with Saudi Crown Prince Mohammed bin
Salman on Tuesday, with the two leaders discussing security in the Gulf and the importance of keeping vital waterways open, the Kremlin said. The Kremlin said Putin and MBS held a detailed exchange of views on the situation in the Middle East and stressed that a political and diplomatic settlement remained the only viable way forward. They also “underscored the need for a swift cessation of hostilities” in Yemen amid a worsening military and political situation there. US OPEN TO MEETING IRAN AT UN, NO MEETING SCHEDULED YET: RUBIO: Secretary of State Marco Rubio said on Tuesday the US is open to speaking with Iranians at the UN General Assembly,
Planning Ministry asks PM to include it in core team for IMF talks PROFIT
Monitoring report
The Ministry of Planning has formally asked the prime minister to include it in the core team for negotiations with the International Monetary Fund (IMF), alongside the Finance Division, ahead of the upcoming review of Pakistan’s IMF programme. “We have officially communicated to the PM in writing to include the Ministry of Planning as part of the team, along with the Ministry of Finance, for holding negotiations with the IMF because broader discussions on the economy, including growth, inflation, poverty and others, are the domain of our ministry,” Federal Minister for Planning Ahsan Iqbal said while launching the Monthly Development Outlook at a news conference on Monday. The IMF review mission is set to hold talks with Pakistani authorities in Islamabad this week. Pakistan’s delegation will be led by the finance minister, while Finance Secretary Imdad Ullah Bosal will spearhead the technical-level discussions. The written request marks an attempt by the Planning Ministry to regain a role in the government’s economic negotiations. The Planning Commission was a major part of economic policymaking during the
1960s, 1970s and 1980s, while the Finance Division became increasingly prominent from the 1990s onwards. The Monthly Development Outlook said development efforts going forward would focus on improving the efficiency and impact of public investment, accelerating priority projects and strengthening implementation capacity. It said greater emphasis on private investment, exports, productivity, technology, human capital and climate resilience would support broad-based growth. Stronger institutional coordination, effective monitoring and evidencebased policymaking would also remain central to achieving sustainable development outcomes. Separately, Iqbal expressed hope that Pakistan’s efforts would contribute to peace in the Gulf region and that the recent price surge would normalise in the coming weeks and months, allowing inflation to return to single digits. He also criticised the 6% growth recorded during the PTI-led government, saying it had been fuelled by higher consumption and imports and resulted in the depletion of foreign exchange reserves. He said the government would not pursue what he termed such “irresponsible growth”, and would instead seek higher growth driven by increased exports and private-sector investment.
but no meeting is currently scheduled. "We're open to that. I don't think anything is scheduled at this point, but we're certainly open to something like that, especially if it has the prospects of leading to something positive and ultimately achieving the goal of what this is all about," Rubio said in an interview with NBC's "Today" show. "And that is the fact that Iran can never have a nuclear weapon. They just simply can't." Earlier, the Iranian Director General of Public Relations for the President's Office issued a statement saying that the US' denial of visas to Iran's media team was "a blatant violation of media protection and an open admission of fear from the truth," according to ISNA.
PROFIT
news Desk
Fauji Foods Limited (FFL) has announced the resignation of its Chief Executive Officer (CEO) Usman Zaheer Ahmad, effective September 18, 2026. In a notice submitted to the Pakistan Stock Exchange (PSX), the company said Ahmad would continue performing his duties as CEO until the completion of his notice period in accordance with company policy. The board of directors will appoint a new chief executive in due course, the company said. Fauji Foods also acknowledged Ahmad's contributions and service to the company during his tenure.
04 COMMENT
Why the ‘economic recovery’ isn’t reaching the kitchen table
Wednesday, 23 September, 2026
The wheat trap
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AKISTAN is preparing to import 750,000 tonnes of wheat. The intervention may stop prices rising further but is unlikely to make flour meaningfully cheaper. That distinction captures the failure of Pakistan’s wheat economy: policy arrives late, pays handsomely for emergency relief and leaves the underlying machinery untouched. The cycle is by now painfully familiar. The state announces a support price to reassure growers, procures erratically, restricts movement or trade, misreads the crop, discovers either a surplus or a shortage, and then rushes to import or export. Each correction creates the next distortion. Price controls suppress signals without reducing costs. Imports add grain without repairing the route from field to mill to household. Billions move; accountability does not. The winners are rarely difficult to identify. Large, politically connected growers are better placed to influence support prices and secure procurement. Traders, commission agents and stockists prosper from opacity, scarcity and sudden policy turns. Importers and contractors find opportunity in the emergency. Small farmers, lacking storage and cash, are often forced to sell soon after harvest, when prices are weakest. Months later, families buy the same wheat back as expensive flour. This is not merely a commodity-policy failure. It is a human one. When households can no longer afford five- or 10-kilogram bags and retreat to buying one or two kilograms at a time, Pakistan’s most basic staple becomes another daily financial calculation. A country can tolerate many policy errors. It cannot treat bread as collateral damage. Another import tender will not break this cycle. Pakistan needs an aggressive reset built around transparent stocks, modern storage and predictable rules. Federal and provincial inventories should be independently measured and published frequently. Grain should be stored in facilities that reduce spoilage and allow farmers to use warehouse receipts instead of distress-selling. Procurement should become limited and targeted, protecting vulnerable growers rather than underwriting powerful landholders. Private trade should operate under stable import, export and movement rules, with competition enforced across milling and distribution. The government must also decide what wheat policy is for. If the objective is farm income, support small farmers directly. If it is affordable flour, assist poor households directly. Using one distorted market price to pursue both goals enriches those in the middle and fails those at either end. Pakistan does not have a wheat shortage alone. It has a shortage of credible information, storage, competition and policy discipline. Until those are supplied, every harvest will carry the seed of the next crisis—and every rescue will feed the same people before it feeds the country.
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The figures don’t show the suffering of the common man Zain ali
AKISTAN’S economic managers have spent the last few weeks in a celebratory mood. Remittances are climbing, foreign reserves are stabilizing, the central bank has paused its rate-hiking cycle, and the International Monetary Fund is preparing to release another tranche of financing. On paper, this is the language of recovery. Yet for a household in Multan buying flour, or a small trader in Sindh watching his input costs rise, the distance between the macroeconomic press release and the price tag at the local market remains as wide as ever. This gap between certified statistics and lived economic reality is not a coincidence; it is the direct result of a recovery narrative built on aggregate numbers rather than distributional outcomes, and it demands the same rigorous, fact-based scrutiny that any claim of institutional success should receive. At the macro-level, the numbers genuinely support cautious optimism. Standard & Poor’s recently upgraded Pakistan’s sovereign credit rating to “B” from “B-,” and provisional estimates from the Pakistan Bureau of Statistics put real GDP growth at roughly 3.7 percent for FY26, with the State Bank projecting a further rise to between 3.5 and 4.5 percent in FY27. The SBP has now held its benchmark policy rate steady at 11.5 percent for a second consecutive meeting, with headline inflation easing to 11.1 percent in June from 11.7 percent in May. a decline officials attribute to softer global energy prices and adjusted electricity tariffs. External accounts, historically Pakistan’s most persistent vulnerability, also look sturdier than in recent years: workers’ remittances rose 13 percent year-on-year to $3.6 billion in July 2026, building on a record $41.6 billion collected over the full FY26, and foreign exchange reserves climbed to a 39-month high above $20 billion, with the central bank’s own holdings surging by roughly $1.77 billion in a single week on the back of stronger inflows, particularly from the UAE. Meanwhile, Islamabad is preparing for the fifth review of its Extended Fund Facility program, with talks expected to unlock around $1.2 billion in fresh IMF financing, including $200 million tied to climate resilience under the Resilience and Sustainability Facility. These are not manufactured figures, and they should be acknowledged. But a recovery measured only in reserve balances and credit-rating letters is an incomplete recovery. It says nothing about whether a policy rate of 11.5 percent, among the highest real rates in the region once set against single-digit inflation, is still choking small businesses that cannot access formal credit. It says nothing about whether a household’s grocery bill has actually fallen in step
Dedicated to the legacy of late Hameed Nizami
Arif Nizami (Late) Founding Editor
with the headline inflation number, or whether the relief is concentrated among exporters, banks, and dollar-earning households while wage earners in the informal economy continue to fall behind. And it says nothing about the structural fragility that a single bad monsoon season, an energy price shock, or a stalled IMF review can still expose within months, as it has repeatedly over the past three years. This raises three questions that deserve direct answers rather than another round of celebratory press briefings: First: If reserves have reached a 39-month high largely on the strength of remittance inflows rather than export competitiveness or domestic productivity growth, how durable is this stability once global labour markets in the Gulf or the UK soften, and what buffer exists beyond the next remittance cycle? Second: With the policy rate held at 11.5 percent even as inflation eases toward single digits, will the State Bank’s caution translate into a credible, pre-announced easing path that lowers borrowing costs for small and medium enterprises, or will monetary tightness continue to be treated as costless, ignoring its drag on private investment and job creation? Third: As the government prepares to brief the IMF mission on structural benchmarks, energy-sector reforms, and the privatization of state-owned enterprises, will the resulting agreement include enforceable protections for the bottom half of income earners, or will the burden of fiscal consolidation once again fall disproportionately on consumption taxes and utility tariffs that hit the poorest hardest? The pattern is a familiar one from Pakistan’s recent economic history: a stabilization narrative anchored in reserve accumulation and IMF approval, followed months later by a reminder, a flood, a currency shock, an energy price spike, that resilience was never built into the system, only borrowed against the next favourable data print. The 2025 monsoon floods, which displaced millions and wiped out standing crops across Punjab and Sindh, are barely a year behind us, and agricultural output remains one of the
Babar Nizami Editor Profit
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Saqlain abid
ISTORY offers more than memories of past wars; it provides a reference for understanding how conflicts evolve and, more importantly, how they eventually end. Modern warfare is no longer determined solely by conventional military strength. Intelligence, political legitimacy, public confidence and the ability to separate militants from the wider population have become equally important. Pakistan’s growing defence relationship with Turkey should therefore be viewed beyond military equipment, joint exercises and conventional defence cooperation. Islamabad may also benefit from studying Ankara’s decades-long experience in dealing with one of the most complicated insurgencies in the region. The most important question is: can military power alone permanently defeat an insurgency when the political environment that sustains it remains unresolved? Balochistan, Pakistan’s largest province, covering approximately 43 percent of the country’s landmass, remains at the centre of serious security and political challenges. The province faces violence from Baloch nationalist militant organisations as well as religiously motivated armed groups, including the Tehrik Taliban Pakistan. Security operations have disrupted militant networks, but repeated attacks raise a more difficult policy question. If decades of military operations have not completely eliminated the insurgency, should Pakistan continue relying primarily on a reactive security strategy? The Kurdish insurgency in Turkey provides an important, though not identical, case study. The conflict between the Turkish state and the Kurdistan Workers’ Party (PKK) began in 1984 and continued for more than four decades, costing tens of thousands of lives. The PKK was founded by Abdullah Öcalan in 1978 as a Marxist-Leninist organisation and initially demanded an independent Kurdish state. Over time, however, the political objectives surrounding the Kurdish question evolved toward autonomy, political representation and cultural rights. Balochistan is fundamentally different from Turkey’s Kurdish regions. The history, geography and political structures are not the same. Yet there are parallels that Pakistan cannot afford to ignore. Baloch political activists and civil society voices have repeatedly raised concerns regarding political representation, economic development, missing persons and the distribution of natural resources. Figures such as Dr. Mahrang Baloch and Sammi Baloch have become prominent voices in campaigns focused particularly on the issue of enforced disappearances and the grievances of affected families. Their activism should not
automatically be confused with armed militancy. A mature state must be capable of distinguishing between peaceful political activism, civil-society dissent and those who directly engage in or advocate armed violence. Can a state successfully defeat an insurgency while ignoring the grievances— real or perceived— that allow militant narratives to find an audience? The argument frequently raised by Baloch political activists is that the province’s vast mineral and natural resources should generate greater economic benefits for the people living there. Violence against civilians and state institutions cannot be justified. However, dismissing every political grievance because militant groups exploit those grievances can also prove strategically dangerous. A successful counter-insurgency strategy must distinguish between armed militancy and the wider political population. Can Pakistan isolate militants without simultaneously making ordinary citizens feel politically isolated? Turkey itself learned this lesson through decades of conflict. The collapse of the peace process in 2015 resulted in some of the bloodiest phases of the Kurdish conflict. Urban warfare intensified, followed by extensive Turkish military operations against PKK positions in northern Iraq and Syria. Military pressure weakened militant capabilities, but the conflict did not simply disappear. Pakistan faces a similar strategic dilemma in Balochistan. Security operations can protect infrastructure, eliminate militant commanders and disrupt supply networks. But military success is not always the same as political success. If insurgents are pushed from one area to another but continue recruiting and finding sympathy among sections of the population, has the conflict actually been resolved— or merely relocated? Turkey’s more recent political process provides perhaps the most important lesson. The Kurdish question demonstrated that even a state with significant military capacity eventually needs political mechanisms to create an exit from prolonged conflict. The lesson for Pakistan is not that Balochistan should copy Turkey. Pakistan must develop its own political model, based on its own constitutional structure, geography and national realities.
But the essential question remains: What is Pakistan’s long-term strategy for Balochistan beyond security operations? Political engagement does not mean surrendering the writ of the state. Dialogue does not mean accepting violence. On the contrary, a strong state should possess the confidence to distinguish between militants who must be confronted and citizens whose political grievances must be heard. Pakistan must strengthen civilian institutions, expand meaningful political representation, ensure transparent resource distribution and create credible channels for peaceful political engagement. The people of Balochistan must feel connected to Pakistan’s national project—not merely governed from a distance. If the objective is lasting peace, should Pakistan not ask whether winning territory is enough—or whether it must also win trust? Turkey’s strategic struggle demonstrates that even the most difficult conflicts eventually require a political mechanism. Security operations may remain necessary, but they cannot be the only pillar of a long-term strategy. Pakistan must find its own mechanism— one that protects national security while addressing the political, economic and social conditions that allow conflict to survive. The ultimate lesson from Turkey is simple but uncomfortable: a state can suppress violence through military power, but lasting peace requires political imagination. For Pakistan, the real question is no longer whether Balochistan requires security. It clearly does. The real question is whether security without a credible political strategy can ever deliver the permanent peace that Balochistan— and Pakistan— desperately needs. The writer is a freelance columnist
Turkey’s strategic struggle demonstrates that even the most difficult conflicts eventually require a political mechanism. Security operations may remain necessary, but they cannot be the only pillar of a long-term strategy.
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The writer is a freelance columnist
This is precisely where independent economic journalism has a role to play beyond repeating central bank statements and finance ministry press releases. Reporters and researchers need to track whether reserve gains and rate decisions are actually reaching small borrowers, whether remittance-driven stability survives a slowdown in Gulf hiring, and whether the next IMF-linked reform package protects.
From Kurdistan to Balochistan: A tough lesson from Turkiye’s strategic struggle M. A. Niazi
Editor Pakistan Today
most climate-exposed components of the very GDP growth officials now cite as evidence of recovery. None of this means the recent data should be dismissed. Falling inflation, rising remittances, and an improved credit rating are meaningful, and they matter for a country that has cycled through more than twenty IMF programs since 1958. But meaningful is not the same as sufficient. Genuine recovery would be measured not by how quickly reserves rebuild, but by how quickly a labourer’s real wage recovers, how affordable staple food remains through the next flood season, and how many small enterprises can borrow at rates that do not price them out of existence. Until macroeconomic stabilization visibly narrows that gap, describing the current moment as “recovery” without qualification is, at best, premature, and at worst, another instance of official optimism substituting for structural reform. This is precisely where independent economic journalism has a role to play beyond repeating central bank statements and finance ministry press releases. Reporters and researchers need to track whether reserve gains and rate decisions are actually reaching small borrowers, whether remittance-driven stability survives a slowdown in Gulf hiring, and whether the next IMF-linked reform package protects, or further squeezes, households already stretched thin. Anything less leaves the public with a headline of recovery and none of the accountability needed to make it real.
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E-stamp chaos reigns
THE government’s introduction of e-stamp papers is a welcome step aimed at stopping fraud and bringing transparency to official documentation. People have welcomed the move because it promised convenience, accountability and an end to the old stamp-paper mafia. But what this really means on the ground is a different story. The banks responsible for issuing e-stamps often push applicants into long and unnecessary delays, saying the ‘printer is not working’, or the ‘system is down’, or the ‘paper is not available’. They ask people to come back after hours or even the next day. A process designed to take minutes ends up consuming several hours. There is a simple solution. People should be able to generate the challan, pay it online or at any bank, instantly receive their estamp with a secure barcode or QR code, and print it on any standard printer. This would save time, reduce rush at banks and make the system truly digital. The purpose of e-stamp is defeated if people still face avoidable obstacles. The authorities concerned must fix these operational issues and move towards a fully online, user-friendly mechanism. Only then will the initiative fulfil its promise of making lawful documentation easier instead of more frustrating. AHSAN UL HAQUE KARACHI
Death drives here
MORE people die in road accidents in Pakistan every year than in all other crimes put together, including terrorism. Unfortunately, enforcement of traffic laws has never been the priority of the rulers for the simple reason that most of the culprits belong to the elite class. In Islamabad, a large vehicle moving at a frighteningly high speed is a common sight on Iran Avenue. Those who have to take a left turn drive on the right-most lane and take the left turn without compromising the car’s speed. This dangerous manoeuvre is executed multiple times every day. The roundabout at the starting point of Iran Avenue displays an ugly chaos with no one caring about the traffic coming from the right side. It is understood that millions of rupees were spent on the installation of cameras across the federal capital, but no one has ever been booked for violation of the traffic laws with the help of these cameras. The traffic police force usually complains about shortage of staff, but that is not a valid excuse for having no control at all on the capital’s busy roads. The rulers need to understand that road terror has become more alarming for the residents of the federal capital than suicide attacks. SIKANDER AQEEL ANSARI ISLAMABAD
No blankets, no mercy
WINTER is not really a pleasant season for everyone. While we enjoy its beauty wrapped in warm blankets in our comfort-able homes, countless children, mostly orphans, struggle to survive without even a single blanket. We cannot truly imagine what they endure in the biting cold. As we celebrate winter as a ‘wonderful season’, they spend their nights trembling along roadsides, fighting harsh winds with nothing to protect them. The reality is painful: winter is not the same for everyone. We live in warm houses, surrounded by comfort, while those innocent children suffer in silence. Sadly, we have failed as a nation to support our own people. We may not be able to provide them luxury homes, but we can offer them one simple gift; a blanket. Even a small act of kindness can bring warmth, comfort and smile to a child who has nothing. A single blanket may seem ordinary to us, but for them, it can mean survival in harsh weather. Let us become the reason someone feels safe this winter. Sometimes, even the smallest gesture becomes a life-changing blessing. WASEEM AHMED TUMP
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Wednesday, 23 September, 2026
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COMMENT 05
Domestic Pipelines of Southeast Asia’s Cyber Scam Economy Scammers will just relocate
dr Imran KhalId
HE US response to Southeast Asia’s industrial-scale scam compounds has been vigorous, even theatrical at times, yet it remains strikingly incomplete. In April 2026 the Justice Department’s Scam Center Strike Force seized 503 domains designed to impersonate legitimate trading platforms, restrained roughly $702 million in cryptocurrency linked to the fraud, and for the first time dismantled a Telegram recruitment channel that had drawn more than 6,000 followers toward employment in Cambodian compounds. By June, the Treasury Department and FinCEN had designated nine individuals and 26 entities connected to Cambodia’s Prince Group and moved to exclude the payment platform H-Pay from the US financial system. Subsequent actions in July added another $25 million in forfeitures, bringing the Strike Force’s cumulative recoveries past $800 million. These are not trivial numbers. They demonstrate capacity and political will. They also reveal the limits of an approach that continues to treat the problem as essentially an offshore-based enterprise operating on Burmese or Cambodian soil. The pattern of designations and seizures has so far focused almost exclusively on international operators and a handful of Cambodian financial nodes. That framing is convenient and partly accurate. It is also insufficient. The laboor that staffs the compounds and the financial corridors that move the proceeds after they leave a victim’s account both run heavily through South and Southeast Asian economies that export workers and, in some cases, tolerate or fail to police domestic mule networks. India and Indonesia sit at the center of both pipelines. Consider the workforce first. Indian government figures cited in early 2025 placed roughly 2,000 Indian nationals inside scam operations around Myawaddy, the Myanmar border town that, alongside Shwe Kokko, remains one of the industry’s principal hubs. Many had responded to fabricated job advertisements for computer operators or dataentry clerks circulating on Facebook groups and WhatsApp forwards, offers that promised monthly salaries of Rs 60,000 to Rs 70,000. Some were trafficked in the classic
sense; others appear to have entered knowingly, or at least with eyes half-open, calculating that the risks were manageable. The distinction rarely survives media coverage, which prefers a single narrative of victims held under guard and awaiting rescue. India has repatriated more than 2,500 of its nationals from these compounds since 2022, with recent flights continuing into late August 2026. The foreign ministry still lists dozens as unaccounted for. Yet a labour force large enough to sustain round-the-clock English-language outreach across WhatsApp, Instagram, Tinder and LinkedIn cannot be assembled solely through kidnapping. Recruitment networks reach deep into Indian towns and cities long before any border is crossed. The Central Bureau of Investigation’s recent arrests of recruiters in Haryana and elsewhere underscore that the supply chain is domestic as well as transnational. Indonesia’s experience compresses the same story into sharper numbers. Jakarta’s Ministry of Migrant Worker Protection recorded more than 12,000 Indonesians entangled in Cambodia’s scam economy in the first half of 2026 alone, more than double the entire previous year’s count. The mechanics are nearly identical: fake job postings, brokers who undercut slower official channels, and workers who discover too late that the promised employment is forced cybercrime. Cambodian authorities claim to have closed hundreds of sites and deported tens of thousands, yet Amnesty International’s mid-2026 assessment found that more than 70 percent of the compounds it tracked had been bypassed or quickly reconstituted. UN experts, speaking in May and reiterated in subsequent reporting, described the situa-
tion as a humanitarian and human-rights crisis involving forced labor and forced criminality on an industrial scale. Compounds relocate faster than governments can announce their closure. The money moves in the opposite direction but follows a comparable geography. Stolen funds typically leave the compounds as Tether on the Tron blockchain, selected for low transaction costs and for operating outside the formal SWIFT system. From there they pass through mixers and decentralized exchanges before portions reappear, cleaned, inside domestic banking systems that ask too few questions. India’s cybercrime losses are no longer marginal. The Indian Cybercrime Coordination Centre recorded losses of roughly Rs 11,333 billion, about $1.3 billion, in the first nine months of 2024, with a substantial share traced to Southeast Asian operations. Fullyear 2025 figures from the Ministry of Home Affairs reached approximately Rs22,495 billion, or $2.6 billion. Across all digital fraud the Reserve Bank of India estimated national losses near $25 billion in 2025, a dramatic rise from earlier years. The central bank’s subsequent discussion paper, proposing a one-hour delay on payments above Rs 10,000 and tighter scrutiny of accounts receiving unusually large credits, amounts to an official acknowledgment that mule accounts, ordinary Indian bank accounts rented or recruited to receive and forward stolen funds, have become working infrastructure. Many account holders were themselves deceived by fake loan applications; that fact does not alter the function those accounts perform once they enter the pipeline. American victims are not abstractions either. The FBI’s Internet Crime Complaint Center recorded cryptocurrency fraud losses exceeding $11 billion in 2025. Within that
total, cryptocurrency investment fraud, the category that covers most pig butchering schemes, accounted for $7.2 billion, up 24 percent year-on-year. Average losses per victim in that category exceeded $117,000, frequently drawn from retirement savings accumulated over decades. The scams are engineered as prolonged relationships rather than one-off deceptions. A target does not surrender a life’s savings to a stranger; the money is handed to someone who has spent months performing the role of friend or trusted adviser. This points to some regional players as the architects of the scam economy. The ground on which the compounds sit is controlled by Myanmar’s Border Guard Forces and allied militias that extract rents for protection. Operators migrate to new domains within days of a seizure, as they did after the December 2025 takedown of a Tai Chang site and again after the larger April 2026 sweep. Capital that has learned to outlast local enforcement simply relocates. Nor does
The problem is structural. It is embedded in the political economy of labour migration, weak financial oversight, and the ease with which digital platforms can be weaponized across jurisdictions. Until the domestic segments of the pipeline receive the same sustained attention now directed at international operators and Cambodian payment platforms, the seizures and repatriations will remain necessary but ultimately insufficient measures against an industry that has already demonstrated its capacity to adapt.
identifying recruitment networks and mule accounts imply that every participant is a willing collaborator. Many are trafficking victims in the fullest sense, held under threat of violence inside compounds such as Shunda Park. Yet an industry that extracts $10 billion a year from US households, and far larger sums globally according to recent UN estimates, does not function on Burmese or Cambodian territory alone. It requires bodies to staff the shifts and channels to move the cash. On both counts the trail returns repeatedly to the labour-exporting economies of South and Southeast Asia. Washington can continue seizing domains and restraining cryptocurrency. Delhi and Jakarta can continue flying nationals home. Neither approach addresses the pipelines that operate inside their own borders: the recruitment networks that feed Myawaddy and Cambodia’s border towns, and the mule-account networks that return the proceeds to circulation. Treat those networks as secondary or collateral, and the compounds will restaff and reroute faster than any sequence of press releases can keep pace. The problem is structural. It is embedded in the political economy of labour migration, weak financial oversight, and the ease with which digital platforms can be weaponized across jurisdictions. Until the domestic segments of the pipeline receive the same sustained attention now directed at international operators and Cambodian payment platforms, the seizures and repatriations will remain necessary but ultimately insufficient measures against an industry that has already demonstrated its capacity to adapt.
‘NAZA’: Exposing Israel’s killing machine in Gaza We made this film for one simple reason: We understood that testimonies from officers and soldiers in the army that annihilated Gaza would make it even harder to deny the crimes
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The mass killing of Palestinian civilians in Gaza was not a “tragic byproduct” of a war against Hamas, as it is commonly portrayed in Israel, but a premeditated, calculated, and intentional act
Most of the soldiers we interviewed belong to what is commonly referred to as Israel’s socioeconomic elite, and served mainly in prestigious intelligence units
+972 MAGAZINE
Yuval abraham and rachel Szor
VER the past three years, we conducted night-time interviews on the rooftops of Tel Aviv with 24 Israeli soldiers who played an active role in Israel’s onslaught on Gaza. Most of them were intelligence officers, working behind screens and participating remotely in the mass killing of Palestinians. Their testimonies form the basis of “NAZA,” a new documentary we directed — produced by The Guardian and James Wilson and executive produced by Jonathan Glazer — that premieres at the 83rd Venice International Film Festival. We interviewed these soldiers not because this was the only way to know what Israel has done in Gaza. Anyone who has seen the devastation in the Strip, listened to Gaza’s residents, or simply took Israeli leaders at their word should have recognized this truth years ago. We made this film for one simple reason: We understood that testimonies from officers and soldiers in the army that annihilated Gaza — those who conducted the surveillance, who calculated how many innocent people were likely to be killed in each house, and who repeatedly gave the green light to bomb entire families — would make it even harder to deny the crimes. And that denial is part of what allows these crimes to continue until today. This is a film about a system. It focuses on orders, policies, and patterns of operation, not deviations from them. The conclusion that we draw from the testimonies is clear: The mass killing of Palestinian civilians in Gaza was not a “tragic byproduct” of a war against Hamas, as it is commonly portrayed in Israel, but a premeditated, calculated, and intentional act. This is why a UN commission, the world’s leading human rights groups, and Palestinian, Israeli, and international scholars have described it as a genocide. The film’s title, “NAZA,” which is the Hebrew acronym for “collateral damage,” is a critique of the way Israel portrays its killing of civilians — obscuring both the advance knowledge it has of how many people are likely to be killed in each strike, and the
The writer is a freelance columnist
The film shows what a killing system looks like when it is based on the notion that ‘there are no innocents in Gaza’ — or, as it could be stated in intelligence terminology, ‘there is no NAZA in Gaza’
A significant amount of this killing was carried out by soldiers who came from the heart of Israel’s liberal camp: intelligence and Air Force officers serving in the military’s most prestigious units
intent to destroy that has accompanied the military campaign from the outset. One of the officers we interviewed describes how he was fully aware in real time of hundreds of cases in which families were going about their normal lives — a man talking to his wife, the sound of a TV show, prayer, a crying baby — and then he gave the clearance to bomb them. When asked why, he explained: “You understand that the objective is to destroy.” Seen in this light, the presence of a person Israel deems an assassination target in a certain house becomes the “collateral” matter; indeed, in many cases, the target turned out not to have been present at all. The killing itself was the point.
A VIEW INTO THE DARKNESS: The soldiers who appear in the film all agreed to speak on the condition that their identities be carefully concealed, due to fears that Israel might retaliate against them for exposing damning information. Some of their testimonies were so urgent and horrifying that we published them almost immediately in a series of investigative reports for +972 Magazine, Local Call, and The Guardian. Most of the soldiers we interviewed belong to what is commonly referred to as Israel’s socioeconomic elite, and served mainly in prestigious intelligence units. Some were clear that they had participated in serious crimes, and hoped that speaking out would help to penetrate the walls of denial and justification and force the Israeli public to reckon with what the army was sent to do on their behalf. Others agreed to speak only after months of deliberation — whether out of guilt, shame, or even pride in what they regarded as their professional accomplishments. Our film does not dwell on their motivations, which was a deliberate choice. It is concerned principally with the killing itself and what makes that killing possible. To spend too much time on the sources’ moral and political sentiments would risk shifting the center of gravity away from the victims, which is something we did not want to do. Granting anonymity to people who, by their own accounts, took part in horrific
crimes is not something we take lightly. But given the continued perpetration of these crimes, we felt an obligation to make their accounts public in the hope that it might contribute to efforts to bring the onslaught to an end. The soldiers’ testimonies also implicate a much larger system, for which the highest echelons of Israel’s political and military leadership bear ultimate responsibility. We hope the film can contribute toward accountability for Israel’s grave crimes and justice for their victims. But the film is not only a collection of soldiers’ testimonies. We also turned the camera lens to Tel Aviv and its residents at night, interrogating the city as a bubble in which ordinary life continues while Palestinians are being massacred only 60 kilometers away. Through our gaze at the city from which the war on Gaza is being managed, we tried to observe the mechanisms of conformity that enable such widespread indifference. In doing so, we found ourselves asking questions that our grandparents’ generation asked — questions that people around the world have asked after learning about atrocities and genocides elsewhere: How can one group of human beings consent to the complete dehumanization of another? And what does a genocidal system look like from within? In the coming years — perhaps in a postNetanyahu era, if such an era comes to pass — parts of Israel’s liberal camp may seek to distance themselves from the crimes in Gaza and attribute them to the far-right government. Certainly, this government bears primary responsibility for the killing of more than 73,000 people, mostly civilians, in the wake of Hamas’ criminal massacres on October 7. Yet a significant amount of this killing was carried out by soldiers who came from the heart of Israel’s liberal camp: intelligence and Air Force officers serving in the military’s most prestigious units. Air Force pilots might claim that they were simply following orders — that they received a set of coordinates, dropped the bomb, and returned home without knowing what they struck. Infantry soldiers will defend themselves by saying that they did not always know whom they were hitting, partly
because of the fog of war. As questionable as these defenses may be, there can be no denying what intelligence personnel knew. They witnessed with their own eyes and ears that the homes they were “incriminating” were filled with families. They knew that the vast “NAZA approvals” were not connected to targets of any significant military value. And yet they played their part in the machinery of death with virtually no acts of refusal or resistance. The film shows what a killing system looks like when it is based on the notion that “there are no innocents in Gaza” — or, as it could be stated in intelligence terminology, “there is no NAZA in Gaza.” As such, the film will likely undermine the deniers, the
sowers of doubt, and those who still feel comfortable living in the twilight zone between knowing and not knowing about what is happening 60 kilometers south of Tel Aviv. The film premieres in Venice will soon come to New York before being distributed around the world. But it is also directed inward, toward Israeli society. It was filmed entirely at night, reflecting the profound darkness in which it was created and within which we live. But without an honest reckoning with what happened in the dark, none of us will be able to see the light.
Yuval Abraham is a journalist and filmmaker based in Jerusalem. Rachel Szor is a filmmaker and cinematographer.
06 NEWS
U
UN CHIEF CALLS FOR AI CURBS, END TO WARS IN HIS LAST ASSEMBLY ADDRESS
Wednesday, 23 September, 2026 | KARACHI
NEW YORK ReuteRS
NITED Nations Secretary-General Antonio Guterres used his final address to the General Assembly on Tuesday to urge world leaders to regulate artificial intelligence, end wars, focus on climate change and overhaul UN institutions he warned are struggling to confront mounting global challenges. The former Portuguese prime minister, whose second five-year term ends on December 31, reiterated his calls for global oversight of AI risks, just as the UN's 15member Security Council prepares to host AI leadersfor a briefing on the powerful technology. Guterres also reflected on the gridlock within the organisation, as nearly 130 world leaders gathered in New York, and Chinese President Xi Jinping and others — including leaders from South Africa, India and Germany — skipped the diplomatic meeting. Delegates responded with sustained applause when Guterres defended a two-state solution for Israelis and Palestinians, demanded that "polluters must pay" for climate change and pressed for reforms to international institutions, causes he has championed throughout his decade leading the United Nations. The address capped a decade-long tenure in which Guterres sought to position the UN as a mediator in conflicts and a forum for governing emerging technologies, even as major powers increasingly bypassed the organisation and Washington slashed its funding.
"Those countries leading this technological revolution must share information on emerging safety risks, cooperate on testing and evaluation – and work towards common safeguards that protect us all," Guterres told the assembly. He called on the leaders gathered in New York to "advance the conditions for the responsible pacing of AI and the additional safeguards needed to address risks" and to "work towards a multilateral AI risk management framework, supported by credible and independent oversight." US Treasury Secretary Scott Bessent said on Sunday that Washington had proposed a new AI safety notification mechanism for US President Donald Trump and Chinese President Xi to consider at their summit this week. The proposal emerged from talks on establishing a US-China AI dialogue and would cover AI-related incidents with national security implications.
A CHAMPION FOR GLOBAL GOVERNANCE OF AI: Guterres has long pushed for global governance of AI. In 2023, the UN created a 39-member advisory body on AI, with members including tech company executives, government officials and academics from countries such as the US, Russia
and Japan. The Security Council, which is charged with maintaining international peace and security, met for the first time
on the risks of artificial intelligence the same year, when China said the technology should not become a "runaway horse" and Washington warned against its use to
Chinese premier stresses faster development of emerging, future industries SHANGHAI
Staff RepoRt
Chinese Premier Li Qiang on Tuesday called for efforts to vigorously develop next-generation intelligent manufacturing, accelerate the cultivation of emerging and future industries, and continue to expand and strengthen advanced manufacturing. Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the remarks during an inspection tour in Shanghai. Li called for implementing decisions made at a recent national conference on advanced manufacturing. At a pilot test base for artificial intelligence (AI) application, Li inspected specialpurpose and industrial robots, as well as their applications in complex scenarios,
US senator calls for sanctions against Trump, Rubio over ICC pressure
stressing that emerging industries such as AI are advancing rapidly, creating new space for technological innovation and brand upgrading in the manufacturing sector. He called for combining China's
WASHINGTON agencieS
United States Senator Chris Van Hollen called Monday on European countries and other signatories to the International Criminal Court (ICC) to sanction President Donald Trump and Secretary of State Marco Rubio over the administration’s efforts to undermine its work. “If European countries & other signatories to the International Criminal Court have any selfrespect, they'd sanction Rubio & Trump for obstructing investigations of (Israeli Prime Minister Benjamin) Netanyahu's war crimes,” Van Hollen said in a post on the US social media platform X. His comments came after The Wall Street Journal reported that the Trump administration is preparing sweeping sanctions against the ICC, escalating its efforts to weaken the court following its arrest warrant for Netanyahu. The report, citing US officials and documents, said the proposed sanctions would prohibit most transactions with the ICC after a six- to seven-month grace period. The measures could prevent the court from conducting transactions in US dollars and cut it off from significant parts of the global financial system. The administration has already sanctioned several ICC officials, including its president, Tomoko Akane, judges, deputy prosecutors and the prosecutor involved in the case against Netanyahu and other Israeli officials.
strengths in manufacturing with digital and intelligent technologies, and further implementing the "AI plus manufacturing" to better empower the development of advanced manufacturing.
Li urged efforts to target common challenges in the manufacturing sector, focus on key links such as industrial design, pilot test and intelligent operation and maintenance, and build more manufacturing production and service platforms. At a sci-tech innovation and incubation platform focused on future industries, Li inspected technological products in fields such as brain-computer interfaces and quantum computing, stressing that future industries are a potential blue ocean for advanced manufacturing. He called for intensifying research on core technologies, consolidating support for basic research and building a first-class innovation ecosystem. Given the long growth cycles and high market risks of future industries, Li urged vigorous development of venture capital and expansion of patient capital.
US denies visas to members of Iranian president’s UN delegation NEW YORK agencieS
The United States has refused visas to several members of Iranian President Masoud Pezeshkian’s delegation travelling to New York for the United Nations General Assembly, according to Iranian state media. Those denied visas reportedly include members of the president’s communications team. Pezeshkian is still expected to attend the UN gathering and will become the highest-ranking Iranian official to enter the United States since the current Middle East conflict began in February. Iranian state media described the visa denials as a hostile move by the Trump administration. A spokesperson for the Iranian presidency said Pezeshkian is scheduled to address the UN General Assembly on Wednesday. Iran’s Foreign Ministry also criticised the decision, arguing that restricting members of the president’s media team interfered with access to information. The United States has authorised an Iranian delegation to attend the UN gathering but has imposed restrictions similar to those introduced last year. The US State Department has said
members of the Iranian delegation will, among other restrictions, be barred from purchasing luxury goods and certain other items while in the country. Iranian Foreign Minister Abbas Araghchi is also part of the delegation and departed Iran on Sunday, travelling first to Qatar. The UN meetings come as tensions
between Washington and Tehran remain high amid the wider regional conflict. Iran has said it communicated conditions to the United States through Qatar for reopening the Strait of Hormuz to oil and gas shipping. Washington, meanwhile, has imposed restrictions on Iranian ports as part of its pressure campaign against Tehran.
censor or repress people. On the Middle East, where the conflict has widened as Houthi gains along the Red Sea coast threaten shipping routes and tensions persist in the Strait of Hormuz, Guterres called for "de-escalation and dialogue." "Together, let's send a clear message from this hall: The fighting must stop. Humanitarian aid must flow. And navigational rights and freedoms must be fully restored in accordance with international law," Guterres said. On the UN system, criticised by Trump and others as bloated and ineffective after Washington withdrew from several UN agencies and slashed funding, Guterres said, "our mechanisms for collective action are under growing strain" and global institutions "continue to reflect the power realities and interests of a largely bygone age." Guterres used the address to bid farewell to most of the global leaders he has worked with over the last 10 years. "So, on January 1st, when I am no longer Secretary-General, be sure of this. Wherever I will be, whatever I will be doing – I will keep championing the conviction that peace is possible," he said. "I will continue to stand up for the values of the United Nations Charter and I will never, ever give up. Thank you."
Chinese Vice President Han Zheng to attend general debate of 81st session of UNGA
BEIJING
Staff RepoRt
Chinese Vice President Han Zheng will attend the general debate of the 81st session of the United Nations General Assembly (UNGA) in New York from September 24 to 26, a Chinese Foreign Ministry spokesperson announced on Tuesday. According to the spokesperson, on the sidelines of the general debate, Han will attend the High-Level Dialogue on the Fifth Anniversary of the Global Development Initiative hosted by China, and meet with UN Secretary-General, the president of the 81st UNGA session, and leaders of relevant countries. The spokesperson pointed out that at present, once-in-a-century changes are unfolding at a faster pace, while the international situation is marked by intertwined turbulence and changes, with various risks and challenges emerging one after another. The United Nations is the core platform for global governance, and the general debate of the UN General Assembly provides an important opportunity for countries to build political consensus and coordinate multilateral actions, the spokesperson said. This year marks the 55th anniversary of the restoration of the lawful rights of the People's Republic of China in the United Nations. During his attendance, Han will comprehensively expound on China's views and positions on the current international situation, major international and regional issues, and the work of the United Nations, and introduce China's concrete actions in practicing true multilateralism and promoting world peace and development, the spokesperson noted. China will work with the international community to restore the authority and role of the United Nations, build greater synergy for reforming and improving global governance, and jointly move forward in the right direction of building a community with a shared future for humanity, the spokesperson added.
US has deported 25,000 to third countries under secretive deals: report WASHINGTON afp
The United States has deported more than 25,000 people under secretive agreements with 35 countries to take migrants with no ties to those nations, according to an investigation published Monday. Since US President Donald Trump took office in January 2025, Washington has been signing deals with developing countries to take migrants who cannot legally be sent home. The investigation by Forbidden Stories found the administration has earmarked $410 million to be paid directly to the receiving countries or to United Nations agencies to facilitate the returns. At least 25,447 people had already been deported to third countries by August 31, 2026, according to data compiled by Forbidden Stories with a consortium of international journalists. The vast majority – around 20,000 – were sent to Mexico, but the rest were dispersed to 27 other countries across Latin America, Africa, and the Pacific, and agreements have been fi-
nalised with seven more. The deals vary, including over which nationalities can be deported and whether people with criminal records can be accepted. An AFP investigation earlier this year found Washington is using visa bans and restrictions on African countries to strongarm them into accepting deportees. Lawyers told
AFP that deportees were being thrown into a "legal black hole", held without charge in countries where they have no ties and few if any rights. Forbidden Stories said 49 of Africa's 54 countries had been approached about accepting third-country deportees. A little-known State Department divi-
sion called the Office of Remigration, created in May 2025, has handled most of the negotiations and payments, according to Forbidden Stories. The office is headed by Christian Jove Ehrhardt, a 41-year-old diplomat who previously worked as a security officer. The report details his visits to Cameroon, which signed a memorandum of understanding with the US in December on accepting deportees. A week later, it also signed a five-year health assistance programme worth nearly $400 million. The following month, the State Department said it would provide a further $30 million to the UN Refugee Agency (UNHCR) in Cameroon to "facilitate the voluntary return of refugees and combat illegal immigration." The first plane carrying deportees arrived in Cameroon on January 14. Other agreements have involved direct payments to governments. Palau, a small Pacific island nation with a population of under 18,000, signed an agreement in December 2025 to accept up to 75 third-country nationals in return for $7.5 million. However, only three people have so
far been sent under the agreement. In Eswatini, 32 people have arrived since July 2025 out of a possible 160 under an agreement worth more than $5 million. It has accepted deportees with criminal records, the investigation found. Of the $410 million planned for the agreements, internal State Department records showed that $81 million was earmarked for signatory governments. The rest was intended for aid organisations, including more than $178 million for the UN's International Organisation for Migration, and $123 million for UNHCR. The agencies have faced criticism over their involvement, although UNHCR told Forbidden Stories that it was not party to the bilateral agreements and that US funding was being used in line with its mandate to strengthen asylum systems. An IOM spokesperson told Forbidden Stories that the agency's decisions to accept funding rested "on a single question: whether our engagement will improve the lives of the migrants affected. In these instances, we believe strongly it does."
NEWS 07
Wednesday, 23 September 2026 | KARACHI
SIFC LINES UP $40B INVESTMENT PIPELINE No Change Made in Ticket Checking System; ACROSS ENERGY, INFRASTRUCTURE, IT Special Railway Police
CORPORATE CORNER
Teams Assisting Commercial Staff to Curb Ticketless Travel LAHORE
STAFF REPORT
Clarifying the impression appearing in the media regarding a change in the ticket checking system in Pakistan Railways, Pakistan Railways Police has stated that no change has been made in the existing ticket checking system.Railways Police has clarified that it is neither independently nor unilaterally taking action against ticketless passengers. Rather, it is playing its role in preventing ticketless travel in coordination with the Pakistan Railways Commercial Branch, Traveling Ticket Examiner (TTE) staff, ticket checkers, Station Masters and other concerned authorities.Pakistan Railways Police has constituted special teams in coordination with the Pakistan Railways Commercial staff to help prevent ticketless travel. These teams have been formally directed to perform their duties in accordance with the relevant Standard Operating Procedures (SOPs).According to the SOP, the special teams of Railway Police will assist the Commercial Branch, ticket checkers, Station Masters and TTE staff in the process of ticket checking and enforcement at trains and railway stations.In this regard, the SRPs of the respective divisions have briefed the Inspector General, Pakistan Railways Police, clarifying that Railway Police is ensuring the checking of ticketless passengers in coordination with the Commercial staff.
Chairman CDA Visits Kashmir Chowk to Review Latest Progress on Project and Traffic Management Measures
ISLAMABAD STAFF REPORT
Chairman Capital Development Authority (CDA) visited Kashmir Chowk to review the latest progress on the ongoing development project, as well as the measures being undertaken to improve traffic flow and reduce traffic congestion at one of the capital’s important and busy traffic junctions.During the visit, Chairman CDA reviewed the latest progress on the Kashmir Chowk Underpass Project. On the occasion, the Director General Infrastructure gave the Chairman a detailed briefing regarding the progress achieved so far, ongoing works, project timelines, and measures being adopted to ensure timely completion of the project.Chairman CDA stated that the Kashmir Chowk project is of significant importance for improving traffic flow and providing long-term relief to commuters. The construction of the underpass is aimed at facilitating smoother vehicular movement, reducing traffic waiting time and delays, and easing traffic congestion at Kashmir Chowk, particularly during peak hours.Chairman CDA also reviewed the prevailing traffic situation at Kashmir Chowk and adjoining roads and inspected the immediate traffic management measures being undertaken by CDA. He directed the concerned formations to ensure that temporary and short term traffic management arrangements remain effective until completion of the permanent infrastructure solution, so that citizens and commuters do not face any inconvenience during their daily travel.
PSW integrates with NADRA’s PakID app for remote biometric verification ISLAMABAD
STAFF REPORT
The Pakistan Single Window (PSW) has integrated with the National Database and Registration Authority’s (NADRA) PakID Mobile App, enabling PSW users to complete the mandatory verification process remotely through the App for PSW subscription, subscription renewal and profile updates. Previously, completing biometric verification required users to physically visit a NADRA e-Sahulat Centre. With the PakID integration, users can now complete their biometric verification remotely through their smartphones, subject to applicable NADRA verification requirements, reducing the need for physical visits. The facility offers a particularly significant convenience for overseas Pakistanis engaged in trade-related activities in Pakistan. Eligible overseas users can now complete their PSW biometric verification remotely through the PakID Mobile App. To ensure a smooth transition and uninterrupted facilitation for the business community, both verification channels will remain operational during an interim period. During this phase, users can choose to verify their biometrics either digitally via the PakID Mobile App or continue visiting NADRA e-Sahulat Centres. "The integration with NADRA’s PakID Mobile App reflects our commitment to listening to the PSW.
T
PROFIT
MONITORING REPORT
HE Special Investment Facilitation Council (SIFC) has developed an investment pipeline worth approximately $40 billion across key sectors as the government moves to revive stalled and delayed projects involving the United Arab Emirates (UAE) and other GCC countries, SIFC Secretary Jamil Qureshi told the National Assembly Standing Committee on Economic Affairs Division on Monday. The committee met under the acting chairmanship of Mirza Ikhtiar Baig. Business Recorder reported that the SIFC told the meeting that the emerging pipeline covers industry and production, oil and gas, railways, roads and infrastructure, power, telecommunications and information technology, pharmaceuticals, tourism, food security and agriculture. The committee was informed that
the prime minister had directed authorities to actively pursue stalled and delayed projects involving the UAE and other countries and move them towards implementation through greater coordination and facilitation. SIFC said delays in responses and
DWP Group Secures Complete HVAC Scope for Lahore Medical & Dental College LAHORE
coordination at the federal and provincial levels had initially hindered the development of investment proposals. It said improved institutional coordination had since helped build a broader pipeline of investment opportunities. The committee stressed the need to
convert the identified opportunities into concrete projects by resolving regulatory, financial and administrative impediments and improving coordination between federal ministries, provincial governments and implementing agencies. Separately, the committee termed Pakistan’s target of raising exports to $60 billion by 2030 unrealistic, citing high gas and electricity prices, tight monetary policy and high taxation. The committee was also briefed on the Main Line-1 (ML-1) railway project, covering approximately 1,800 kilometres. Its estimated cost has been revised to around $6.68-$6.80 billion from an earlier estimate of approximately $9 billion following a reassessment of the project design. The Asian Development Bank is being considered as the lead financing institution for ML-1, while co-financing commitments have been made by the Asian Infrastructure Investment Bank and the World Bank.
ANSO–COMSATS International Conference on AI-Enabled Solutions for Water Inaugurated
STAFF REPORT
DWP Group – MEP Division today announced that it has secured the complete HVAC scope for Lahore Medical & Dental College, Lahore, one of the city's leading healthcare and academic institutions. The scope of work includes the supply and installation of Gree VRF systems, Sital Klima hygienic air handling units, and Japan Sanyo elevators, combining to deliver an integrated HVAC and vertical transportation solution engineered to meet the demanding requirements of a modern healthcare facility. The project marks a further expansion of DWP Group's presence in the healthcare sector, where the group continues to deliver high-end, pharmaspecific HVAC solutions built around hygiene-conscious design and long-term operational reliability. Through its collaboration with Sital Klima, DWP Group continues to bring advanced hygienic HVAC technologies and specialised solutions to healthcare and pharmaceutical facilities across Pakistan, reinforcing its commitment to innovative, reliable, and high-performance systems that meet the evolving standards of modern healthcare environments. DWP Group has operated in the HVAC since 2005, partnering with globally renowned brands in the field of Heating, Ventilation and Air Conditioning, and has provided products, solutions, and services across this field since 2010. The Lahore Medical & Dental College project stands as further testament to DWP Group's continued contribution to the healthcare sector, providing high-end, pharma-specific HVAC.
HEC Chairman Visits University of Chenab
islamabad: A group photo of the participants of 3rd International Conference on Media & Communication (ICMAC 2026) held at Foundation University Islamabad. PR
ISLAMABAD STAFF REPORT
A 4 day "ANSO–COMSATS Conference on Artificial Intelligence Enabled Solutions for Sustainable Water Governance, Security and Safety" has been inaugurated today in Islamabad. Under the Alliance of National and International Science Organizations for the Belt and Road Regions (ANSO) scheme for grant for scientific activities, the Conference is organized by the Commission on Science and Technology for Sustainable Development in the South (COMSATS). The Conference has been endorsed as an Official Activity of the International Decade of Sciences for Sustainable Development (IDSSD) 2024-2033, led by UNESCO. Hosted at the COMSATS Centres of Excellence, the COMSATS University Islamabad, the Conference’s collaborating organizations included Xinjiang Institute of Ecology and Geography, Chinese Academy of Sciences, China; National Research Centre, Egypt; Global Climate-Change Impact Studies Center, Pakistan; and Pakistan Council for Research in Water Resources. Rana Ahmad Atteeq Anwer, Coordinator to the Prime Minister for S&T and IT&T, Government of Pakistan, graced the occasion as Chief Guest. The Coordinator emphasized that water systems are under unprecedented stress from climate change.
ADB, WB show interest in $6.8bn ML-1,NA Panel showed concern on K-VI ISLAMABAD
STAFF REPORT
ISLAMABAD STAFF REPORT
The University of Chenab hosted Engr. Prof. Dr. Niaz Ahmad Akhtar, Sitara-i-Imtiaz, Chairman of the Higher Education Commission (HEC) of Pakistan, in a high-profile academic engagement that underscored the University's expanding role in the country's higher education landscape Dr. Akhtar was received at the University by Mr. Naveed Akbar, Deputy Chairman of the Board of Governors; Engr. Muhammad Raza Chohan, Rector of UChenab; and Prof. Dr. Ghulam Hussain, Pro-Rector, among other senior members of the University's leadership. Addressing faculty, and administration on the theme "Reimagining the Role of Universities in Socio-Economic Development," the HEC Chairman called on higher education institutions to position themselves at the forefront of national development through purposeful education, impactful research and sustained innovation.
A meeting of National Assembly Standing Committee on Economic Affairs Division was held under the Acting Chairmanship of Dr. Mirza Ikhtiar Baig, MNA at Committee Room No. 07, Parliament House, Islamabad. The Committee recommended that a joint consultative meeting comprising four to five Members of the Committee may be convened with representatives of the Ministry of Planning, Development and Special Initiatives, Ministry of Finance and Revenue, Sindh Planning and Development Board, Sindh Finance Department, WAPDA and Karachi Water and Sewerage Corporation (KW&SC), facilitated by the Ministry of Economic Affairs Division. The Committee emphasized that the meeting should focus on the major development and infrastructure projects of Karachi and Sindh, with a view to identifying outstanding issues, resolving inter-departmental and financingrelated bottlenecks, and evolving coordinated measures for expediting the implementation of these projects in the larger public interest. The Committee was briefed on the Main Line-1 (ML1) railway project, which covers approximately 1,800 kilometers of railway track and is aimed at modernizing and upgrading Pakistan’s major railway corridor. The Committee was informed that the Asian Development Bank (ADB).
An Award For Pakistan By A Brilliant Student Of Balochistan Land ISLAMABAD
STAFF REPORT
The talented son of Executive Engineer IESCO Bhara Kahu, Ghulam Mustafa Baloch, Zaib Mustafa Baloch, has achieved a remarkable distinction at the international level. At the World Scholar’s Cup held in Bangkok, Thailand, where more than 2,200 talented students from over 40 countries participated, 14-year-old Zaib Mustafa Baloch amazed everyone by winning five gold medals in the Debate category.
Following this historic achievement, he has been ranked among the Top 100 Scholars in the world and has now been selected to participate in the Global Round/Grand Finale at Yale University in the United States, one of the world’s leading universities. This outstanding achievement is a testament to the remarkable talent, dedication, and potential of Pakistani students, demonstrating that they have the ability to excel and make their country proud on the international stage.
BISP Chairperson Senator Rubina Khalid holds live e-kachehri at BISP headquarters
ISLAMABAD STAFF REPORT
The Digital Wallet and Interoperability are a gift from the Government of Pakistan for the convenience of women beneficiaries; beneficiaries can withdraw payments from any authorized retailer of any partner bank, at anytime and anywhere in Pakistan; free Benazir SIM to be obtained only from BISP offices and activated at designated BISP sites by mobile company representatives; beneficiaries advised to retain payment transfer and withdrawal confirmation messages and never hand over their mobile phones to retailers: Senator Rubina KhalidChairperson Benazir Income Support Programme, Senator Rubina Khalid, today held a live E-Kachehri from BISP Headquarters as part of the Programme's ongoing public outreach and grievance redressal efforts. The E-Kachehri was broadcast live through BISP's official Facebook account.During the EKachehri, 31 callers from across the country contacted the Chairperson by telephone and apprised her of their issues and complaints. Senator Rubina Khalid directed the concerned officers to resolve all complaints received during the EKachehri on a priority basis and submit immediate reports on their resolution.
KATI Announces Full Support for BMG in Karachi Chamber Elections
KARACHI STAFF REPORT
Industry Going Through Difficult Times, Industrialists Face Common Challenges, Which Can Be Addressed ThroughUnity and Collective Efforts, KATI President Muhammad Ikram RajputUnity Among Industrial Associations, Chambers and Trade Bodies Will Strengthen the Voice of the BusinessCommunity, Zubair ChhayaSupport for BMG by All Seven Karachi Associations Is a Historic Development, Zubair MotiwalaKARACHI: President of the Korangi Association of Trade and Industry (KATI), Muhammad Ikram Rajput, has announcedthe association’s full support for the Businessmen Group (BMG) in the Karachi Chamber of Commerce & Industry (KCCI)elections.He said that significant work had been carried out under the leadership of BMG Chairman Zubair Motiwala and KarachiChamber President Rehan Hanif. He particularly appreciated the Karachi Chamber’s key role in securing the rights ofshopkeepers and traders affected by the Gul Plaza tragedy.He said that the business community faced common challenges and that, through mutual understanding, unity andsolidarity, the government and regulatory institutions could be persuaded to address the issues of the businesscommunity on a priority basis.
PAKISTAN, SEVEN MUSLIM STATES URGE ISRAEL TO HONOUR GAZA COMMITMENTS NEWS
P
NEW YORK
STAFF CORRESPONDENT
AKISTAN and seven other Muslim countries on Tuesday called on Israel to immediately fulfil its outstanding commitments under the first phase of the Gaza peace plan, urging all parties to preserve the ceasefire and move ahead with the next stage of the agreement. The demand was made in a joint statement issued by the foreign ministers of Pakistan, Egypt, Türkiye, Indonesia, Jordan, Qatar, Saudi Arabia and the United Arab Emirates after a meeting on the sidelines of the 81st session of the United Nations General Assembly. The ministers called on Israel to ensure the immediate, safe and unhindered delivery of humanitarian assistance and early recovery supplies to Gaza and facilitate the rehabilitation of critical infrastructure. They stressed the imperative of preserving the ceasefire and ending all violations, while describing the roadmap for completing the Gaza plan as an integral part of the agreement and the framework for moving into its second phase. The next phase envisages the decommissioning of militant infrastructure, full Israeli withdrawal, deployment of an International Stabilisation Force, the assumption of responsibilities across Gaza by the National Committee for the Administration of Gaza (NCAG), and the launch
of early recovery and reconstruction. The eight ministers urged all parties to fulfil their commitments “in good faith and without delay”. They also categorically rejected any measures aimed at expelling or forcibly displacing Palestinians from their homeland or altering the territorial and demographic character of the occupied Palestinian territory. The statement condemned settlement expansion, land confiscation, demolition of Palestinian homes, settler violence and forced displacement, calling for an immediate reversal of such measures. The ministers also voiced grave concern over actions undermining the histor-
Pakistan launches joint counterterrorism exercises with Russia, Oman RAWALPINDI
STAFF REPORT
The Pakistan Army on Tuesday commenced joint military exercises with Russian and Omani forces at Cherat and the National Counter Terrorism Centre (NCTC) Pabbi, respectively, the military’s media wing said. The ninth edition of the Pakistan-Russia joint exercise Druzhba-IX and the second edition of the PakistanOman exercise Washaq Al Jabal-II (Mountain Lynx-II) began on Tuesday, according to the Inter-Services Public Relations (ISPR). The two-week exercises bring together contingents of the Pakistan Army, Russian Army and Royal Army of Oman to exchange operational experience, refine counterterrorism drills and procedures, and enhance interoperability among the participating forces. Through joint training and the exchange of best practices, the troops will work to improve their combat skills and tactical expertise while further strengthening bilateral defence cooperation, ISPR said. The Pakistan Army regularly conducts joint exercises with foreign militaries as part of efforts to improve operational preparedness, counterterrorism capabilities and professional interoperability. Pakistan-Russia exercise The latest Druzhba exercise follows the eighth edition, held in September 2025. Druzhba-VIII focused on counterterrorism operations, with participating troops conducting drills involving drone warfare, operations in built-up areas and counter-improvised explosive devices. The exercise provided Pakistani and Russian troops an opportunity to refine operational procedures and techniques through joint training and exchange of expertise. Pakistan-Oman cooperation The launch of Washaq Al Jabal-II marks the second edition of the Pakistan-Oman joint exercise, further expanding military-to-military cooperation between the two countries. Pakistan has also conducted counterterrorism exercises with other regional and international partners in recent months. In May, Pakistan and Sri Lanka concluded the two-week Shake Hands-II exercise at Tarbela, which focused on counterterrorism skills and operational coordination. Combat teams from the Pakistan Army’s Special Services Group (SSG) and Sri Lankan Special Forces participated in the drills. In April, Pakistan and Egypt concluded the Thunder-II counterterrorism exercise at Cherat, involving combat teams from the Pakistan Army’s SSG and Egyptian Special Forces. ISPR said such exercises provide participating forces with opportunities to enhance counterterrorism capabilities while strengthening longstanding militaryto-military relations between Pakistan and friendly countries.
ical and legal status quo of Muslim and Christian holy sites in Jerusalem. They welcomed recent measures taken by the United Kingdom in response to Israeli settlement activity, along with broader European efforts aimed at halting trade with illegal Israeli settlements. The eight countries called for further effective measures to halt settlement expansion and ensure accountability for settler violence. They reaffirmed that Gaza remained an integral part of the Palestinian territory and said implementation of the peace plan must contribute to the reunification of Gaza with the West Bank, including East Jerusalem.
The ministers also called for a “credible and irreversible pathway” towards Palestinian self-determination and the establishment of a sovereign, viable and independent Palestinian state with East Jerusalem as its capital through implementation of the two-state solution. They commended US President Donald Trump’s leadership and called for sustained and active American engagement to ensure implementation of the comprehensive plan and overcome obstacles to its roadmap. The ministers said tangible progress on the ground would strengthen the credibility of the Board of Peace and the authority of the plan while generating momentum for its implementation. They reaffirmed their readiness to work collectively with Washington, the Board of Peace, the Palestinian Authority and other relevant parties to advance the plan, ease Palestinian suffering and achieve a just and lasting peace. Dar urges stronger OIC action Separately, Deputy Prime Minister and Foreign Minister Ishaq Dar called for urgent international action against Israeli settlement expansion, settler violence and annexation policies in the occupied West Bank, as well as violations of the Gaza ceasefire. Addressing a meeting of the OIC Committee of Six on Palestine in New York, Dar described the Palestinian cause as central to the OIC and the collective conscience of the Muslim world.
Court seeks further arguments on maintainability of Aleema Khan detendion case LAHORE
STAFF REPORT
The Lahore High Court on Tuesday sought further arguments on the maintainability of a petition challenging the detention of PTI founder Imran Khan’s sister Aleema Khan and her driver under the Maintenance of Public Order (MPO) Ordinance. Justice Abher Gul Khan heard the petition filed by Aleema Khan’s son, Shah Zair. Barrister Taimur and advocate Irfan Kalar appeared on behalf of Aleema Khan, while lawyer Rana Mudassar Umar also presented arguments before the court. During the hearing, Justice
Abher Gul Khan questioned how the petition had been filed without first approaching the relevant forum. Rana Mudassar Umar argued that Aleema Khan’s detention was different from other cases. He said the detention review and detention notification were issued on the same day, suggesting that she may have been arrested before the detention order was formally issued. The lawyer further argued that the detention report referred to Aleema Khan’s alleged involvement in the May 9 incidents and expressed concerns that she could again block roads. He told the court that Aleema Khan had already been cleared in
the investigation into the May 9 case, questioning how the incident could subsequently be used as a basis for her detention. The court also asked whether bail had been granted in all cases against Aleema Khan. Her lawyer replied that bail was still pending in two or three cases. Justice Abher Gul Khan noted that a full bench of the high court had directed petitioners to first approach the relevant forum. The judge also asked whether the order had been challenged before the Supreme Court. The lawyer sought additional time to prepare his arguments. The court subsequently adjourned further proceedings until September 25.
PIMS security team seeks probe into suspected payment for acquiring a baby ISLAMABAD RAJA KASHIF ASHFAQ
Security staff at the Pakistan Institute of Medical Sciences (PIMS) have approached Karachi Company Police, seeking an investigation into an alleged payment made in the name of arranging a baby and raising concerns about possible online child trafficking. According to the application submitted by the PIMS security staff, a couple was stopped by hospital security in suspicious circumstances and subjected to preliminary questioning. The security personnel said it allegedly emerged during the questioning that a person had received money from the couple and assured them that a baby would be provided to them. The security staff told police that the name of a person identified as Muhammad Shahzaib had surfaced in connection with the matter. Details of an alleged financial transaction through JazzCash, along with relevant mobile phone numbers, have also reportedly been attached to the application so
that police can examine the contacts and financial dealings. The application further states that the individuals were also in contact with a person whose WhatsApp account was allegedly being used in the name of Muhammad Imran. The security staff requested police to conduct a detailed investigation on the basis of the available digital evidence, including mobile numbers and WhatsApp communications. The application also points to an earlier incident at PIMS in which a woman and a girl were reportedly stopped in connection with a similar alleged matter. According to the security staff, information regarding the provision of a baby had also surfaced during that incident. The hospital security personnel have asked police to examine whether the two incidents are linked and to scrutinise mobile phone numbers, financial transactions, WhatsApp accounts and other available evidence. The application further states that if the investigation uncovers
evidence of an organised group or the involvement of multiple individuals, action should be taken against those responsible in accordance with the law, while efforts should also be made to trace other persons potentially linked to the alleged network. The security staff have called for an impartial investigation to establish the facts and determine the nature of the alleged payments made in the name of arranging a baby, as well as whether any organised activity is involved. However, the allegations contained in the application have not so far been independently verified by police or any other relevant authority. It is also unclear how much money was allegedly paid, through what means the baby was supposed to be provided, or whether a case has been registered against anyone in connection with the matter. Further action by police on the application and the outcome of the investigation are expected to establish the facts of the case and determine whether any individuals or organised network were involved.
Wednesday, 23 September, 2026
PRAYER TIMINGS FAJR SUNRISE
ZUHR
ASR MAGHRIB ISHA
5:50
1:30
4:45
PTI's Sept 27 Long March: Islamabad security plan finalised 5:20
6:08
8:00
ISLAMABAD
RAJA KASHIF ASHFAQ
Security preparations in Islamabad, Rawalpindi and Attock have entered the final phase ahead of the Pakistan Tehreek-e-Insaf’s (PTI) possible long march on September 27, with Islamabad Police seeking additional personnel and anti-riot equipment from Punjab and Sindh, while more than 2,000 containers have been moved to key locations in Islamabad and Attock. According to sources, all arrangements have been directed to be completed by the evening of September 26. Islamabad Police have sought 16,000 personnel and 4,000 anti-riot kits from Punjab, while 2,000 personnel and 3,000 anti-riot kits have been requested from Sindh. Three deputy inspectors general (DIGs), seven senior superintendents of police (SSPs) and 18 superintendents of police (SPs) have also been sought from the two provinces. Sources said Islamabad Police had sought Rs827 million to meet expenses related to the possible long march, including accommodation, food, transportation, containers, anti-riot equipment and other logistical requirements. Police expect between 20,000 and 25,000 protesters to reach Islamabad. Under the security plan, more than 2,000 containers have already been moved to key locations in Islamabad and Attock, while around 1,000 containers will be placed at the entry points of the Red Zone, major roads and other sensitive locations. Sources said the containers were being filled with sand and gravel, while some were also being welded together at selected points. More than four dozen buildings have been acquired in Islamabad to accommodate police personnel arriving from the provinces, while 24 educational institutions will also be used for their stay. Around 70 coasters, 30 double-cabin vehicles and buses have been requisitioned for police transportation, while nearly 50 temporary washrooms are being established near duty points.
LHC seeks prosecution arguments on electronic evidence in Hafeez blasphemy case LAHORE
STAFF REPORT
The Lahore High Court (LHC) on Tuesday sought arguments from the prosecution on the admissibility of electronic evidence in the appeal of former university lecturer Junaid Hafeez, who was sentenced to death in a blasphemy case in 2019. A two-member bench comprising Justice Sadiq Mahmud Khurram and Justice Muhammad Jawad Zafar took up Hafeez’s appeal against his conviction, which has remained pending since 2020. Complainant’s counsel Advocate Athar Shah Bokhari and Hafeez’s lawyer Advocate Asad Jamal appeared before the court. At the outset, the bench noted that formal notices had not been issued to the parties following the transfer of Hafeez’s appeal from the LHC’s Multan bench to its principal seat in Lahore. The case was transferred in December 2021 on the request of Hafeez’s counsel. The court subsequently issued notices on the appeal, which were received by the prosecution and complainant’s lawyers in the courtroom. The bench said it wanted to hear the prosecution specifically on the admissibility of electronic evidence relied upon in the case, including a Facebook page attributed to Hafeez. The court initially fixed Oct 7 for the next hearing. However, the complainant’s counsel sought a longer adjournment to prepare his arguments. The bench said the date for the next hearing would be announced later.
Imran denied family, lawyers' meetings at Adiala jail ISLAMABAD
STAFF REPORT
A cousin of former prime minister and PTI founder Imran Khan, Qasim Zaman, reached Adiala jail on Tuesday but was not allowed to meet the incarcerated PTI leader, his lawyer Awais Younas Chaudhry told media. “We reached there at around 2pm and waited until after 4pm, but a meeting was not allowed,” Chaudhry said. The development came despite an Islamabad High Court (IHC) order allowing Imran to meet his family, lawyers and other associates twice a week, on Tuesdays and Thursdays. Imran has been incarcerated since 2023. Despite the court’s directions, his party and family have repeatedly complained that meetings with him have been restricted.
China continues to make rapid economic development, long-term social stability: Amb Jiang Zaidong ISLAMABAD
MIAN ABRAR
Chinese Ambassador Mr Jiang Zaidong on Tuesday said that China continues to write new chapters in the two major miracles of rapid economic development and long-term social stability, advancing the great rejuvenation of the Chinese nation on an irreversible historical course. "Under the leadership of General Secretary Xi Jinping and the scientific guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, China has secured a complete victory in the fight against poverty and built a moderately prosperous society in all respects," said the Ambassador while addressing the audience at an impressive reception held here to observe China's National Day and Mid-Autumn Festival. The event was jointly hosted by the Embassy of the People's Republic of China Islamabad, together with the Association of Overseas Chinese in Pakistan and the Association of Chinese Enterprises in Pakistan.
Prominent among those were Additional Secretary Dr. Mohammad Faisal, President of Association of Overseas Chinese Lajielian, Wang Huihua, Nasir Khan and Qayyum Jan. Speakers on the occasion called for promoting bilateral cooperation, technology transfer, and local industry partnerships between Chinese and Pakistani enterprises. Addressing the reception, Ambassador Jiang Zaidong said that over the past 77 years, under the strong leadership of the Communist Party of China, the Chinese people have strived unremittingly and achieved the historic leap from standing up, growing prosperous to growing strong. Ambassador Jiang Zaidong said: "Since the 18th National Congress of the Communist Party of China in particular, under the leadership of General Secretary Xi Jinping and the scientific guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, China has secured a complete victory in the fight against poverty and built a moderately prosperous society in
all respects. "We have continued to write new chapters in the two major miracles of rapid economic development and long-term social stability, advancing the great rejuvenation of the Chinese nation on an irreversible historical course. The year 2026 marks a sound start to the 15th Five-Year Plan. China’s GDP grew by 4.7 percent year-on-year in the first half of the year, with an economic increment of 3.6 trillion yuan, hitting a record high for the same period in the past five years," he said. He said in August this year, industrial production continued to accelerate and upgrade. He said the value added of the equipment manufacturing industry rose by 12.1 percent year-on-year, among which hightech manufacturing increased by 16.7 percent. The output of lithium-ion batteries and industrial robots surged by 57.2 percent and 34.6 percent respectively, he added. He said foreign trade maintained robust growth. In August, China’s total import and export volume of goods increased by 19.8
percent year-on-year, up 0.6 percentage points from the previous month, with exports rising by 18.6 percent and imports by 21.7 percent. From January to August, exports grew by 14.6 percent and imports by 22 percent, with import growth consistently outpacing export growth. China has undoubtedly grown into a
huge global market offering new opportunities for world development, he added. He said these figures do not fully represent China’s economic landscape, yet they fully demonstrate that the Chinese economy continues to forge ahead with steady progress, quality improvement and structural upgrading.
Published by Asad Nizami at Plot No 66-C, 1st Floor, 21st Commercial Street, Phase-II (Extension), DHA Karachi and printed at Ibn-e-Hassan Printing Press, Hockey Stadium, Karachi, for PT Print (Pvt) Limited. Ph: 021-32640318 . Email: newsroom@pakistantoday.com.pk