KARACHI: The World Bank’s Board of Executive Directors approved $149.7 million in financing for Pakistan to support two projects related to the country’s digital economy and improved flood resilience, according to a statement issued by the international financial institution on Saturday.
The allocated funding of $78 million for the Digital Economy Enhancement Project is expected to enhance financial management through technology-driven solutions and data-driven decision-making. The investment in digital economy is also likely to streamline public services, increase transparency and foster economic growth.
Simultaneously, the $71.7 million allocation for the Sindh Barrages Improvement Project is likely to ensure greater flood resilience, a critical issue for Pakistan that is highly vulnerable to climate change.
“The catastrophic floods that hit Pakistan in 2022 were a tragic reminder of the importance to build resilience to such disasters, including by strengthening barrages and their management,” World Bank Country Director for Pakistan Najy Benhassine said in a statement.
“Also, supporting the growing digital economy in Pakistan is key for economic and social development, broadening connectivity and access to government and financial services for citizens and entrepreneurs, particularly women,” he added.
The World Bank statement highlighted the digital economy project aims to develop digital authentication and data-sharing platforms. The initiative will enable Pakistan to respond more effectively and efficiently to economic and environmental shocks.
Additionally, it will enhance the delivery of e-government services to citizens and firms, supporting regulatory reforms in the sector. These reforms will facilitate increased private sector participation while strengthening personal data protection and online safety.
The project also seeks to promote financial inclusion by enabling women in particular to open bank accounts or apply remotely for credit through a smartphone application. It will also contribute to addressing barriers such as limited mobility and digital literacy.
“The digital economy and demand for digital government services have been growing across the country, increasing the need for connectivity, digital payments and secure and trusted digital transactions,” the project team leader, Shan Rehman, said. “The project takes a whole-of-government approach to digital transformation and will help ensure that digital platforms are inclusive and trusted.”
About the other project, the bank said having safe and effective barrages to convey flood waters downstream was a crucial part of building climate resilience in Sindh.
It informed that its financing would contribute to strengthening the provincial Barrage Management Unit’s technical capacities, promoting women’s participation in emergency preparedness and implementing extensive citizen engagement and stakeholder participation.
“Barrages such as the ones supported by SBIP [Sindh Barrages Irrigation Department] are critical for the livelihoods and climate-resilience of the Sindh Province,” said Francois Onimus, who is spearheading the endeavor. “The project will increase the resilience of the canal systems that are fed from these barrages, reducing the adverse impacts of extreme floods and drought events.”
World Bank approves $149.7 million for Pakistan’s digital and flood resilience projects
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World Bank approves $149.7 million for Pakistan’s digital and flood resilience projects
- The bank has allocated $78 million to improve digital economy and $71.7 million to improve the barrage system in Sindh
- Pakistan has been working to find technology-driven financial solutions and strengthen itself against climate-induced disasters
Elephants undergoing medical treatment in Karachi show signs of recovery — wildlife expert
- Safari Park elephants Madhubala and Malika were diagnosed with tuberculosis earlier this month
- Authorities brought in a Sri Lankan wildlife health specialist to oversee the elephants’ treatment
KARACHI: Medical experts treating two elephants diagnosed with tuberculosis at Karachi’s Safari Park said on Friday the animals were responding well to treatment and remained under constant observation as part of a long-term recovery plan.
The update was shared at a news briefing by Dr. Budhika Bhandara, a wildlife health specialist from Sri Lanka, who was on a 17-day visit in Karachi to supervise the treatment of elephants Madhubala and Malika.
The two elephants were diagnosed with TB earlier this month, prompting the park to launch an intensive treatment program under international protocols.
“We are treating them very well,” Dr. Bhandara told reporters. “The elephants are showing clinical signs, but they are not weak. We have started with a two-month initial phase of daily doses, followed by a continuation phase as per the standard operating procedures.”
Under the treatment plan, the elephants will receive continuous medication and monitoring for ten months after the initial phase.
The animals are being kept under round-the-clock supervision, and park officials have restricted access to the enclosure for one year to minimize stress and prevent any risk of disease transmission.
Dr. Bhandara, who has previously treated 15 elephants for TB, expressed optimism that Madhubala and Malika would recover.
He noted that both elephants are closely monitored and undergo health evaluations every two months, with full medical screenings scheduled every six months. Their most recent dose was administered 13 days ago.
Visitors to the Safari Park are currently only allowed to view the elephants from designated buses or a safe distance, as part of efforts to ensure a stress-free environment during their recovery.
The cautious approach follows years of concern raised by international animal welfare organizations over the treatment of elephants in Karachi.
In 2021, the global group Four Paws assessed the city’s African elephants and called for urgent medical care, improved nutrition and enriched environments to support their wellbeing.
The issue gained further attention after the deaths of two elephants — Noor Jehan in 2023 at the Karachi Zoo and Sonia in late 2024 — both of which highlighted systemic gaps in animal care.
Since then, local authorities have taken steps to improve conditions, including the formation of a technical committee and increased collaboration with foreign veterinary experts.
PM Sharif invites India to open dialogue, says past wars failed to resolve key issues
- The prime minister says Pakistan and India are neighbors and must choose between being peaceful or unruly
- He thanks Donald Trump, Saudi Arabia and other Gulf countries for helping de-escalate the recent conflict
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday called for renewed dialogue with India, saying the two nuclear-armed neighbors had fought three wars since independence without resolving their disputes while emphasizing the need to engage in talks to address outstanding issues.
Sharif made these remarks during a ceremony in Islamabad commemorating the “Day of Gratitude,” held to honor Pakistan’s military response to Indian strikes inside its territory last week. The event was attended by the chiefs of the armed forces, senior officials and dignitaries. The event featured a flypast and national songs.
The recent India-Pakistan standoff was triggered by an attack in Pahalgam, a tourist hotspot in Indian-administered Kashmir, which resulted in the deaths of 26 people. India accused Pakistan of involvement, an allegation Islamabad denied while seeking an impartial international probe. The situation escalated into missile and drone exchanges before a ceasefire was announced on May 10.
“Whether we like it or not, we are there forever as neighbors,” the prime minister said, referring to India and Pakistan. “It’s up to us whether we want to be unruly neighbors or peaceful ones.”
“We have fought three wars that solved nothing,” he continued. “Rather, they brought more poverty, unemployment and other problems on both sides. So the lesson is that we have to sit down at the table like peaceful neighbors and settle our outstanding issues, including Jammu and Kashmir.”
Sharif reiterated that Pakistan had no involvement in the Pahalgam incident and expressed gratitude to countries that assisted in de-escalating the conflict.
“I’m extremely grateful to all those friendly countries who have been very helpful in promoting peace and ceasefire in this part of the world... particularly Saudi Arabia, the UAE, Qatar, Kuwait, Iran, Türkiye, China and others,” he added.
Sharif extended special thanks to US President Donald Trump for his role in mediating the ceasefire.
“Above all, I would like to mention and thank President Trump for his very brave leadership and his vision that peace must be restored in South Asia sooner rather than later,” he said. “His path-breaking and strategic leadership... averted a very lethal looming war in this part of the world,” he said.
The prime minister emphasized the importance of resolving key issues to ensure lasting peace in the region.
“Without resolving these issues, I don’t think we will have peace in this part of the world on a long-term basis,” he said. “If we want permanent peace, then we need permanent solutions of Jammu and Kashmir and water distribution.”
Pakistan rejects Indian media reports of radiation leak, warns against regional arms buildup
- Foreign office says India is following ‘hegemonic policy’ by procuring ‘advanced weaponry’
- It says Pakistan is mindful of the threat and remains ready to deal with any military challenge
ISLAMABAD: Pakistan’s foreign office on Friday dismissed Indian media reports alleging radiation leaks during last week’s conflict between the two nuclear-armed neighbors as “preposterous,” while voicing concern over India’s acquisition of advanced weaponry, calling it a threat to regional stability.
The remarks came amid heightened tensions following a brief but intense military exchange that included missile and drone strikes.
Some Indian media outlets speculated that Pakistani nuclear facilities were compromised during the hostilities, leading to potential radiation leaks.
“What I can say about radiation leakage in Pakistan is that these reports are absurd and preposterous,” foreign office spokesperson Ambassador Shafqat Ali Khan said during his weekly news briefing. “This is part of disinformation and fake news peddled by Indian media, which has distinguished itself recently with blatant lies and fabrication.”
“As a responsible nuclear weapon state,” he added, “Pakistan categorically rejects this irresponsible reporting with the contempt it deserves. India will be well advised to check such manufactured falsehoods and stop the fall of its media to new low.”
Some recent reports have also quoted the International Atomic Energy Agency (IAEA) as saying “no radiation leak or release from any nuclear facility in Pakistan” had occurred, dismissing the Indian media claims as unfounded.
Ambassador Khan also criticized India’s military posture during the news briefing, saying New Delhi’s ambitions were destabilizing the region.
“India is pursuing aggressive, or rather hegemonic policy in the region, and its defense budget reflects that,” he said. “We remain concerned about the acquisition and procurement of advanced weaponry by India which creates security imbalance in the region.”
“At the same time, we remain mindful of the threat,” he added. “We are prepared and we are ready, and our forces remain ready to deal with the challenges.”
The recent India-Pakistan standoff, which lasted several days, saw both nations engage in conventional military operations, including missile and drone strikes.
A ceasefire was brokered and announced on May 10, though the potential for escalation between the two nuclear-armed nations persists.
Pakistan’s financial regulator alerts firms to cyber risks after conflict with India
- SECP highlights potential risks including operational disruptions and data loss in its advisory
- Recent India-Pakistan hostilities featured coordinated cyberattacks for the first time in history
KARACHI: The Securities and Exchange Commission of Pakistan (SECP) on Friday cautioned local companies about heightened cybersecurity risks, days after a brief but intense conflict with India that, for the first time, saw both nations engage in cyber warfare alongside traditional military exchanges.
The recent hostilities, which included missile and artillery fire, also featured the deployment of drones and coordinated cyberattacks, an unprecedented escalation in the long-standing rivalry between the two nuclear-armed neighbors.
A ceasefire was brokered and announced on May 10, though the digital threat persists.
“The Securities and Exchange Commission of Pakistan (SECP) has issued an advisory to all the companies, in light of the recent geopolitical situation and resultant heightened cybersecurity threat alerts, urging companies to adopt cybersecurity best practices,” the regulator said in a statement.
The advisory outlined potential risks such as operational disruptions, data loss and reputational damage, recommending measures including stricter access controls, vulnerability assessments, incident response planning and user awareness training.
During the conflict with India, Pakistan’s economic affairs ministry and the Karachi Port Trust (KPT) reported that their official X accounts had been compromised.
The KPT account briefly posted claims of significant damage from an Indian naval strike before the post was deleted and the agency stated its account had been hacked.
Pakistani officials also acknowledged launching retaliatory cyber operations targeting Indian government and financial websites.
Indian authorities reported over 1.5 million attempted cyber intrusions during the conflict, primarily attributed to Pakistan-based hacker groups.
The SECP’s advisory highlighted the ongoing digital risks in the aftermath of the ceasefire, urging companies to bolster their cybersecurity defenses to protect critical infrastructure and sensitive data.
Pakistan condemns India’s ‘unprovoked’ military action during talks with UK foreign secretary
- David Lammy is on his first official visit to Islamabad amid tensions following India-Pakistan standoff
- Pakistan and UK express satisfaction over bilateral economic cooperation, development partnership
ISLAMABAD: Pakistan on Friday condemned what it called India’s “unprovoked and belligerent” military action during talks with British Foreign Secretary David Lammy, saying Islamabad had only exercised its right to self-defense with a limited response aimed at avoiding civilian casualties.
The meeting between Lammy and Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar took place in Islamabad during Lammy’s first official visit to the country. It came just days after one of the most serious military confrontations between the South Asian nuclear-armed rivals in decades.
Fighting erupted last week when India launched strikes on what it said were “terrorist camps” in Pakistan following a deadly April attack in Indian-administered Kashmir that killed 26 people. New Delhi accused Islamabad of backing the militants behind the assault, an allegation Pakistan denies.
Four days of drone, missile and artillery exchanges followed, killing around 70 people, including dozens of civilians, on both sides of the border. The conflict raised fears of a broader war before a ceasefire was announced by US President Donald Trump.
“The two leaders held detailed discussions on recent developments in South Asia, particularly the situation following the ceasefire understanding between Pakistan and India,” said a statement released by the foreign office in Islamabad.
“Dar briefed the UK Foreign Secretary on India’s unprovoked and belligerent actions, which constituted a violation of Pakistan’s sovereignty, international law, the UN Charter, and established norms of interstate relations,” it continued.
“He underlined that Pakistan exercised its right to self-defense under Article 51 of the UN Charter, and that Pakistan’s response remained limited, precise, and proportionate, with utmost care taken to avoid civilian casualties,” the statement added.
Dar also thanked the United Kingdom for its constructive engagement in urging de-escalation during the conflict.
Britain was among several countries that called for restraint, with Prime Minister Keir Starmer saying at the time that the UK was “urgently engaging” with both sides.
The two officials also discussed Pakistan-UK bilateral ties, expressing satisfaction with the progress in trade, economic cooperation and development partnerships.
Dar acknowledged British support in key areas such as education, health and climate resilience, and both sides pledged to deepen collaboration on global challenges including climate action and sustainable development.
Lammy’s visit, the foreign ministry said, underscored the “robust and multifaceted partnership” between the two nations and their commitment to regional and international peace.
-With input from AFP
