Page 157 - Pakistan

US has flown 10 missions into flood-hit Pakistan with aid, says Pentagon

The US has so far flown 10 missions into Pakistan, with C-17 and C-130 aircrafts to deliver over one million pounds of critical humanitarian supplies and equipment to Pakistani people affected by flooding from deadly monsoon rains, the Pentagon has said. The Department of Defence (DOD) is in support of the US Agency for International Development's efforts to provide assistance to Pakistan in the wake of massive flooding and the humanitarian assistance crisis there. The current floods triggered by monsoon rains in Pakistan have so far killed nearly 1,400 people and injured another 12,728, while damaging 6,674 km of road and destroying over 1.7 million houses. "Our condolences certainly go out to those who've been impacted by this terrible natural disaster, Pentagon Spokesperson Patrick Ryder told reporters at a news conference on Tuesday. To date, the DOD has supported the US government's USAID-led response by providing critical airlift and staging support. US Air Force C-17 and C-1

Imran Khan denies talking about granting extension to Army chief Gen Bajwa

Pakistan's former prime minister Imran Khan on Tuesday denied talking about granting an extension to Army chief Gen Qamar Javed Bajwa, saying he had just proposed to defer the appointment of the new army chief till elections. On Monday, Khan had told a TV channel in an interview that the tenure of the army chief should be extended until his successor is appointed by the new government after elections. "I never talked about the extension of the army chief's tenure. I just proposed to defer the appointment of the army chief till elections," Khan told reporters at his Banigala residence in the suburbs of capital Islamabad. He said that a new government should decide on the new army chief. In his meeting with reporters, the former premier said that the newly-elected government should decide the army chief's selection on merit, adding that he never said who should be the military's head. "I never said who should be the army chief. I always stressed for an army chief's appointment to be

Pakistan 'lacks effectiveness' on four goals linked to FATF: Report

The Asia-Pacific Group of the FATF, a global watchdog for terror financing and money laundering, has rated Pakistan's level of effectiveness as low' on 10 out of 11 international goals on anti-money laundering and combating the financing of terror, a media report said on Tuesday. Asia-Pacific Group (APF), the Sydney-based regional affiliate of the Financial Action Task Force (FATF), released an update as of September 2 on the rating of its regional members suggesting that Pakistan had a moderate level of effectiveness' on only one out of 11 outcomes, reported Dawn. Under this immediate outcome', Pakistan extends international cooperation on appropriate information, financial intelligence, and evidence and facilitates action against criminals and their assets. A 15-member joint delegation of FATF and APG paid an onsite visit to Pakistan from August 29 to September 2 to verify the country's compliance with a 34-point action plan committed with FATF at the highest level in June 2018, t

Pak's economic loss due to massive floods might be over $40 bn: FM

The recent cataclysmic floods that have ravaged Pakistan may have caused over USD 40 billion in economic losses and damages, according to an initial assessment. The new number is even far higher than the USD 30 billion figure given by United Nations Secretary-General Antonio Guterres who was in the country on a solidarity visit last week. The figure of USD 40 billion losses was flagged in a flood response centre meeting of the National Flood Response Coordination Centre (NFRCC) on Monday where the Ministry of Finance presented an assessment report titled An Early Assessment of Flood Impact on Pakistan's Economy, The Express Tribune reported on Tuesday. The finance ministry's initial assessment report showed that economic losses were around USD 18 billion. Planning Minister and Chairman of NFRCC, Ahsan Iqbal said, The devastating conditions suggest that the scale of flood losses is in the range of USD 30 billion to over USD 40 billion." We are going through the process of a ...

Massive floods likely to reduce Pak's GDP by over 2 percentage points: PM

The massive floods in Pakistan are likely to reduce its GDP by over 2 percentage points and the government is grappling with the immediate challenge of averting an imminent food insecurity in the country, Prime Minister Shehbaz Sharif has said. During a telephonic conversation with Turkish President Recep Tayyip Erdogan on Sunday to express gratitude for extending humanitarian relief assistance to Pakistan, Sharif said the ongoing floods have devastated millions of acres of standing crops, houses and critical infrastructure in the country, according to an official statement. The prime minister said as per initial estimates, the floods are likely to reduce Pakistan's GDP by over 2 percentage points. Pakistan is grappling with the immediate challenge of averting an imminent food insecurity in the country as well as providing for rescue and rehabilitation of the victims of this climate-induced calamity, Sharif told Erdogan. He said the government is fighting to avoid food shortages du

How a startup in Pakistan folded just a year after raising $85 million

Airlift started by operating vans and small buses used by office workers and students. When that business slowed during the pandemic, the company pivoted to quick commerce

Catastrophic floods leave millions at risk of diseases in Pakistan

The cases of illness among the flood-affected people are increasing by the hour. Thousands of patients are coming to the government medical camps for treatment of various ailments

Sri Lanka, Pakistan, Maldives stand neck-deep in Chinese debt: Forbes

The world's low-income countries owe 37 per cent of their debt to China in 2022, compared to just 24 per cent in bilateral debts to the rest of the world

Pakistan's saga of mismanagement: Floods, economic crisis, political chaos

The worst floods in several decades have wrecked havoc in Pakistan; more than 1,300 people have died and at least 33 million people are left homeless

Bailout euphoria by IMF signals peak of pessimism in emerging markets

The IMF has been sewing up or inching toward loan agreements with some of the most vulnerable nations -- namely Pakistan, Sri Lanka, Zambia, Egypt and Chile -- after months of negotiations

Never seen climate carnage on the scale of the floods in Pakistan: UN chief

Antonio Guterres has warned the international community that all countries would suffer damages "beyond their capacity to adapt" if the world failed to respond to the challenge of climate change

Floods in Pakistan put education of 3.5 mn children in jeopardy: UN report

The United Nations released a report on Friday and said that the natural disaster had interrupted the education of nearly 3.5 million children

Technical glitch or bad weather? Ex-Pak PM Imran Khan escapes plane crash

A plane carrying former Pakistani Prime Minister Imran Khan escaped a crash as the aircraft made an emergency landing on Saturday due to technical glitch mid-air

Never seen climate carnage on such scale: UN chief after visit to Pakistan

After accessing the situation of flood-hit Pakistan, UN chief Antonio Guterres on Saturday said that he has "never seen climate carnage" on such a scale, blaming wealthier nations for the devastation

Asia Cup Final 2022: Live streaming, How to watch Pakistan vs Sri Lanka?

Asia Cup 2022: Pakistan cricket team is all set to avenge their defeat against Sri Lanka in the finals. Read this detailed report on where can you live stream the match or enjoy the live telecast

Asia Cup Final 2022, SL vs PAK: Preview, predicted 11, pitch and weather

Asia Cup Final 2022, SL vs. PAK: Sri Lanka to play Pakistan after the 2014 Asia Cup final. Read this detailed report to know everything about pitch, weather, playing 11, and history between teams

Asia Cup Final 2022, SL vs PAK: Ticket prices and how to book them online

Asia Cup Final 2022, SL vs PAK: Sri Lanka and Pakistan will face each other for the fourth time in the Asia Cup finals. Read this report to know everything about ticket prices & how to buy them

Guterres calls UN's work in Pakistan a 'drop in ocean' of what is needed

UN chief Antonio Guterres on Saturday exhorted the international community to step up efforts to help flood-ravaged Pakistan rebuild resilient communities and infrastructure to resist future disasters, while conceding "what the UN is doing in Pakistan is a drop in the ocean of what is needed." Secretary General Guterres made these remarks in Sukkur in Pakistan's Sindh province, where he was visiting flood-hit areas. Taking an aerial view of the flood-affected regions along with Prime Minister Shehbaz Sharif, the UN chief termed the flood devastation 'unimaginable'. Countries vulnerable to climate change, including Pakistan, must be supported to rebuild resilient communities and infrastructure to resist future disasters, Guterres said, as he rounded-off the two-day solidarity trip to the country. He said that there needs to be a serious discussion on loss and damages as "what the UN is doing in Pakistan is a drop in the ocean of what is needed." "We are perfectly aware of our limit

Latest LIVE: Amit Shah to attend AGM of major Gujarat cooperatives tomorrow

Live news updates: Shah is slated to participate in the Annual General Meeting (AGM) of major cooperative institutions of Gujarat on Sunday

Pakistan's largest lake dangerously overflowing putting thousands at risk

After weeks of torrential monsoon rain, Pakistan's largest freshwater lake started overflowing, putting thousands of people at risk of losing their homes, new satellite images showed.