Pakistan News

    Pakistan Counterinsurgency Fund

  • Our counterinsurgency doctrine

    Zarb-i-Azb is not only a success story in the war against terrorism, it also defines the development of Pakistan’s counterinsurgency framework...

    Pakistan’s counterinsurgency campaign took about 13 years to evolve as it continuously consumed the intellectual and strategic energies of the security establishment...

  • US releasing $337m for Pakistan from Coalition Support Fund

    WASHINGTON: The United States is expected to release $337 million to Pakistan under the Coalition Support Fund in a next few days, a US official said on Friday...

    “The April-June 2014 reimbursement of $337 million of Coalition Support Fund assistance has been approved by the Secretary of Defence, and we anticipate it being released by the end of the month,” a State Department spokesperson told Dawn...

  • Pentagon blocks $50m Coalition Support Fund payment to Pakistan

    The US Defense Department withheld $50 million in Pakistan military payments after Pentagon chief Jim Mattis accused Islamabad of not doing enough to counter the Taliban-affiliated Haqqani network, an official said Friday...

    “Secretary Mattis told congressional defense committees that he was not able to certify that Pakistan took sufficient actions against the Haqqani network to permit full reimbursement of the fiscal year 2016...

  • US Senate passes $800m Pakistan fund

    WASHINGTON: The US Senate has passed its draft of the National Defence Authorisation Bill, including a provision to set up a new fund to reimburse Pakistan for its efforts in the war against terrorism...

    The Senate version authorises $800 million under a provision called the `Pakistan Security Enhancement Authorisation’...

  • Global fund managers eyeing Pakistan

    KARACHI: Global fund managers are giving a hard look at the Pakistan Stock Exchange (PSX) as it prepares to be upgraded to MSCI Emerging Markets (EM)...

    Credit Suisse, one of the world’s three top global investors, a while ago espoused sum of $250m to $300m entering the Pakistan market, while Egyptian Financial Group (EFG) Hermes estimated inflow of $475m to $500m following PSX reclassification to MSCI EM...

  • PCB chief to request ICC for setting up special fund for Pakistan

    KARACHI: Pakistan Cricket Board (PCB) chairman Shaharyar Khan on Monday said he would request the International Cricket Council (ICC) to set up a special fund for Pakistan to compensate for the heavy revenue losses it bears due to the absence of international cricket in the country...

    With no international cricket team touring Pakistan since March 2009 when terrorists attacked the Sri Lankan team in Lahore, Shaharyar said the PCB had...

  • British court rejects Indian attempt to strike out Pakistan’s claim to Hyderabad Fund

    ISLAMABAD: The British High Court of Justice on Tuesday rejected India’s attempt to strike out Pakistan’s claim to the Hyderabad Fund in a judgment the Foreign Office said is a “clear vindication of Pakistan’s stance”...

    is a clear vindication of Pakistan’s principled stance, and the effective legal strategy being pursued by the new legal team,” Foreign Office Spokesperson Nafees Zakaria said in a statement...

  • Pakistan gets $336m in Coalition Support Fund, foreign reserves climb to $19bn

    KARACHI: Pakistan on Tuesday received some $336 million from the United States for its ongoing role in combating a Taliban insurgency in neighbouring Afghanistan...

    The injection of cash, which comes as the Taliban steps up its annual summer offensive launched in late April, has helped Pakistan's foreign exchange reserves reach a fresh high of about $19 billion, State Bank of Pakistan (SBP) officials said...

  • Pakistan seeks clarity about Saarc’s Covid-19 fund

    ISLAMABAD: Pakistan wants the South Asian Association for Regional Cooperation’s (Saarc) Covid-19 Emergency Fund to be administered by the bloc’s secretary general and is seeking clarity about its utilisation...

    The fund was announced by Indian Prime Minister Narendra Modi during the Saarc leaders’ March 15 video conference on coronavirus pandemic and pledged $10 million for it...

  • Pakistan pledges $3m for Saarc Covid fund

    ISLAMABAD: Pakistan on Thursday pledged $3 million towards the South Asian Association for Regional Cooperation’s (Saarc) Covid-19 Emergency Fund — the brainchild of Indian Prime Minister Narendra Modi...

    “The Government of Pakistan has pledged US$ 3 million towards the SAARC Covid-19 Emergency Fund to support regional efforts in the fight against Coronavirus,” the Foreign Office said in a statement after a telephonic conversation...

  • UK announces fund for Pakistan in fight against coronavirus

    ISLAMABAD: The UK on Saturday announced the first in a series of measures to give wide-ranging support to help the poorest and most vulnerable people in Pakistan during the coronavirus outbreak...

    67 million for vital health support to help Pakistan give medical assistance to the seriously ill, build stronger systems to detect and test Covid-19 as well as support communities to have right information to protect themselves and...

  • SECP approves first REIT fund

    KARACHI: The Securities and Exchange Commission of Pakistan (SECP) on Wednesday gave approval for Dolmen City REIT, the country’s first Real Estate Investment Trust (REIT) Fund...

    The fund, sponsored by Arif Habib REIT Management Ltd, is a component of The Harbour Front office building complex and Dolmen City Mall...

  • Cameron admits he benefited from father’s offshore fund

    LONDON: British Prime Minister David Cameron admitted on Thursday he had a 30,000 pounds stake in an offshore fund set up by his father, after days of pressure following publication of the so-called Panama Papers...

    Cameron, whose father ran an offshore investment fund according to the Panama Papers, wrote to European leaders in 2013 to warn against opening offshore trusts to full scrutiny...

  • Fund clearing guidelines

    KARACHI: The State Bank of Pakistan (SBP) issued guidelines for banks and microfinance banks on Thursday for clearing operations to help the general public quickly realise funds in their accounts...

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