Category: 1. Pakistan

Prime Minister Shehbaz Sharif assured that the government will extend all possible facilities to Japanese investors and banks, reaffirming the government’s commitment to creating a safe and competitive environment for foreign investment.

The remarks came during PM’s meeting with Taro Kato, DG Mining & Metals Finance Department at Japan Bank for International Cooperation in Islamabad on Wednesday, read a statement.

During the meeting, PM Shehbaz said that Pakistan values diplomatic and economic cooperation with Japan.

He said that Pakistan and Japan have had strong cooperation in the field of industry and trade. “Both countries are committed to renewing economic cooperation,” the PM said.

“Pakistan will provide all possible facilities for Japanese investors and banks to invest in Pakistan,” the prime minister was quoted as saying.

He said that Pakistan significantly benefit from Japanese technological innovation and professional expertise in agriculture, IT, textiles and other sectors

The prime minister shared that international financial institutions and global investors have expressed their interest in major economic and development projects in Pakistan.

“Pakistan’s cheap labour market provides a competitive environment for international investors,” PM Shehbaz maintained, adding that the government is committed to making Pakistan a safe country for investors and investments.

Meanwhile, Taro Kato thanked the Pakistani government and the people for their hospitality. He informed the PM of the growing interest of Japanese investors and banks in economic projects in Pakistan and their desire to further enhance cooperation.

Floodwaters gushing through mountain villages, cities rendered swamps, mourners gathered at fresh graves — as Pakistan’s monsoon season once again delivers scenes of calamity, it also lays bare woeful preparedness.

Without better regulation of construction and sewer maintenance, the annual downpours that have left hundreds dead in recent months will continue to kill, experts say.

Even Prime Minister Shehbaz Sharif appeared to agree as he toured flood-stricken Khyber Pakhtunkhwa province last week, where landslides killed more than 450 people.

“Natural disasters are acts of God, but we cannot ignore the human blunders,” he said.

“If we keep letting influence-peddling and corruption control building permits, neither the people nor the governments will be forgiven.”

Pakistan is among the countries most vulnerable to climate change, with limited resources for adaptation.

In the devastated mountain villages the prime minister visited, and beyond, residential areas are erected near riverbeds, blocking “natural storm drains,” former climate change minister Sherry Rehman told AFP.

Entrepreneur Fazal Khan now recognises the “mistake” of building too close to the river.

His home in the Swat Valley was destroyed first by 2010 floods and then again in the 2022 inundation that affected nearly four million Pakistanis.

“On August 15, once again, the floodwater surged through the channel and entered our home,” the 43-year-old father said.

Man-made mistakes

Since it began in June, this year’s monsoon has killed around 800 people and damaged more than 7,000 homes, with further downpours expected through September.

While South Asia’s seasonal monsoon brings rainfall that farmers depend on, climate change is making the phenomenon more erratic, unpredictable and deadly across the region.

By the middle of this month, Pakistan had already received 50 per cent more rainfall than this time last year, according to disaster authorities, while in neighbouring India, flash floods and sudden storms have killed hundreds.

Extractive practices have also compounded the climate-related disasters, with cash-strapped but mineral-rich Pakistan eager to meet growing American and Chinese demand.

Rehman, the former minister, said mining and logging have altered the natural watershed.

“When a flood comes down, especially in mountainous terrain, a dense forest is very often able to check the speed, scale and ferocity of the water, but Pakistan now only has 5pc forest coverage, the lowest in South Asia,” she said.

Urban infrastructure, too, has faltered.

Days after villages were swept away in the north, a spell of rain in the south brought Pakistan’s financial capital, Karachi, to a standstill.

The coastal megacity — home to more than 20 million people — recorded 10 deaths last week, with victims electrocuted or crushed by collapsing roofs.

A Human Rights Commission of Pakistan (HRCP) report said brown water inundating streets is not only the result of rain but “clogged drains, inadequate solid waste disposal, poor infrastructure, encroachments, elitist housing societies… and so on.”

Published in the wake of 2020’s deadly floods, the report still rings true today.

‘Negligence’

According to the commission, the problems are “inherently political” as various parties use building permits to fuel their patronage networks — often disregarding the risks of constructing on top of drainage canals.

In some areas, “the drain has become so narrow that when high tide occurs and it rains simultaneously, instead of the water flowing into the sea, it flows back into the river,” urban planning expert Arif Hasan said in an interview after the 2022 floods.

In the sprawling, rapidly swelling city, the various authorities, both civil and military, have failed to coordinate urban planning, according to the rights commission.

As a result, what infrastructure does get built can solve one problem while creating others.

“Karachi isn’t being destroyed by rain, but by years of negligence,” said Taha Ahmed Khan, an opposition lawmaker in the Sindh provincial assembly.

“Illegal construction and encroachments on stormwater drains, along with substandard roads… have only worsened the crisis,” he added.

Karachi Mayor Murtaza Wahab says he has been asking Islamabad every year for help financing the revamping of drainage canals, to no avail.

“It’s easy to suggest that drainage capacity should be enhanced, but the cost is so high that it might require spending almost the entire national budget,” he told AFP.

Yet during June’s budget vote, the opposition accused the city of having spent only 10pc of funds earmarked for a massive development project.

The five-year plan, designed with international donors, was supposed to end the city’s monsoon suffering by the end of 2024.

But nearly a year later, there is no respite.

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Header Image: Residents use a boat to reach their destination in flooded areas due to the monsoon rains and rising water level of the Sutlej River, in Hakuwala village near the Pakistan-India border in Punjab’s Kasur district, on August 23, 2025. — Reuters

America’s most senior envoy in Pakistan has told the South Asian nation that US companies are showing “strong interest” in its oil and gas sector, after President Donald Trump late last month surprised the industry by vaunting “massive” reserves.

Pakistan’s Petroleum Minister Ali Pervaiz Malik met with US Charge d’Affaires Natalie A. Baker last week in Islamabad on strengthening cooperation in the energy sector, according to the ministry. Malik said talks with American companies on a round of bids for exploration blocks were already underway.

• Market deregulation sparks surge in wheat prices.
• Wheat climbs to Rs3,100, flour bags costlier.
• Wheat jumps Rs1,000, flour bags up Rs500.
  

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LAHORE: Wheat and flour prices have surged sharply, with wheat climbing by Rs300 this week to Rs3,100 per maund (40kg). 

The hike follows a month-long upward trend, during which wheat gained nearly Rs1,000 per 40kg and the price of a 20kg flour bag rose by about Rs500. 

This recent hike is part of a broader trend, as both wheat and flour prices have been steadily increasing. The steep increases have raised alarm over market manipulation and the absence of effective government oversight.

Critics claim that the provincial government’s abrupt decision to cease regulating the wheat market without prior notice has created an environment conducive to price manipulation. This lack of oversight may have empowered wheat hoarders to artificially inflate prices, further exacerbating the situation.

According to Pakistan Flour Mills Association (PFMA) Chairman Asim Raza, the government has been facing challenges in controlling wheat prices. Raza warned that the ongoing rise in wheat prices is likely to trigger a corresponding increase in flour prices in the near future.

In response to these developments, the association is actively focusing on the issue to better understand the underlying causes and potential implications for the market.

Nevertheless, the emerging situation, according to market insiders, highlights the complex interplay between government policies, market forces, and price dynamics in the wheat and flour sectors.

Progressive Flour Millers Group (PFMG) Chairman Khaliq Arshad cautioned that low wheat reserves in the country could be one of the leading reasons for the rising trend in its prices. 

According to him, Punjab has estimated reserves of over 2.5 million tonnes, both in the public and private sector, which are definitely not enough to meet the demand till April 2026.

He was of the view that prices of wheat and flour may continue to climb steadily if authorities failed to take corrective measures. The upward trend of grain prices prompted traders to sell stored wheat in the open market. That is why the wheat price reversed from Rs3,250 per 40 to Rs3,100.

To a question, he stressed the need to adopt a proactive approach by the federal and provincial governments for supplementing wheat stocks with a view to meeting domestic demand before the start of the next harvesting season. Import of wheat may be inevitable given the present and evolving situation, he warned.

PFMG President Majid Abdullah observed that stakeholders are closely monitoring the situation, anticipating potential impacts on the broader food market. 

He disclosed that the notification issued by the Punjab government about capping the price of wheat at Rs2,900 per 40kg and flour at Rs1,750 in the retail market is no more being followed in the market. The strong market dynamics have baffled many, and these are dictating demand and supply as well as prices now onwards, he added.

It is a simple matter of demand and supply, he emphasized, adding if the government wants to maintain flour price at certain level, policy needs to be revised according to ground realities.

When contacted, Special Assistant to CM, Price Control & Commodities Management Salma Butt was not available for comment on specific queries regarding the surge in wheat and flour prices that have been on the rise for about a month.

KARACHI:

The Karachi Citizens’ Forum (KCF) held a press conference on Tuesday, expressing concern over recurring urban flooding that paralyses the city after every rainfall. The Forum noted that even a brief spell of rain damages property, disrupts businesses, results in the loss of lives, leads to the closure of schools, causes traffic gridlocks, and leaves citizens stranded on flooded roads.

The conference noted that, despite weather warnings by the Pakistan Meteorological Department (PMD) and the National Disaster Management Authority (NDMA), the city, once again, remained unprepared this monsoon season. The conference recommended the establishment of a central authority, composed of urban planners and citizen stakeholders, to coordinate efforts among land-owning entities. It emphasised the need for a city plan addressing current challenges as well as future demands, highlighting the importance of transparency and accountability in infrastructure spending, which it stated should be ensured through digitisation and public oversight. Further, the conference urged prioritising public welfare initiatives, such as repairing sanitation systems, completing mass transit projects, and rehabilitating water treatment facilities, rather than allocating resources to non-essential cosmetic developments.

The conference urged thorough enforcement of environmental regulations, holding negligent officials accountable, curbing illegal encroachments, and regulating the production and use of plastic bags. It concluded by stating, “Karachi deserves competent governance, honest supervision, and a sustainable development.”

ISLAMABAD: The United Nations has released $600,000 in emergency relief funds for Pakistan, the UN secretary-general’s spokesperson confirmed this week, as the death toll from deadly monsoon rains and floods across the country crossed 800. 

Monsoon rains have wreaked havoc across Pakistan, damaging crops, killing livestock and destroying thousands of houses in the country. Pakistan’s National Disaster Management Authority (NDMA) has reported 802 deaths from monsoon rains and floods since Jun. 26 and 1,088 injuries. 

Rain continues to batter several parts of the country, especially its eastern, most populous Punjab province, where rising water levels in the Sutlej and Ravi rivers have prompted authorities to evacuate over 170,000 people from vulnerable areas. 

“The [Pakistani] authorities are leading the response, with support from the United Nations and local partners,” Stéphane Dujarric, the UN secretary-general’s spokesperson, told reporters during a media briefing on Monday. 

“Over the weekend, Tom Fletcher, our Emergency Relief Coordinator, released $600,000 from the regional pooled fund to support the ongoing efforts.”

Unusually heavy rains since Aug. 15 have killed 489 people and left 348 injured. Pakistan’s northwestern Khyber Pakhtunkhwa (KP) province has reported the highest deaths since mid-August, 408 and 258 injuries according to figures shared by the NDMA. 

Dujarric said that according to the UN’s Office for the Coordination of Humanitarian Affairs, Pakistanis affected by the flooding need shelter supplies, medical assistance, cash, hygiene kits, clean drinking water and education. 

Pakistan’s top economic decision-making body earlier on Tuesday approved the release of Rs3 billion ($10.8 million) in emergency funds for flood-affected families in the northern Gilgit-Baltistan region. 

EVACUATIONS, RISING WATER LEVELS

Separately, the NDMA issued an advance alert to the provincial disaster agency in Punjab, the PDMA, regarding rising water levels in the Sutlej River and potential floods. The alert prompted large-scale evacuation operations in areas near the Sutlej River.

Prime Minister Shehbaz Sharif chaired a meeting to review the flood situation and relief operations across the country, his office said. 

Sharif directed that rescue operations in the flood-hit districts of Punjab, affected by the overflowing Sutlej river, be further accelerated, the Prime Minister’s Office (PMO) said. 

Officials informed Sharif that residents of vulnerable areas near the Sutlej River have been relocated, and that no loss of life has been reported so far.

“Rescue operations are continuing in flood-affected districts near Sutlej River and so far, 174,074 people have been safely evacuated,” the PMO said. 

The prime minister was informed that work to restore power in KP’s flood-affected areas was underway, while in Gilgit-Baltistan, a two-kilometer stretch of the National Highway remains submerged. 

“The meeting was informed that in the next 12 to 24 hours that heavy rainfall is expected in Lahore, Gujranwala, Gujrat and Rawalpindi divisions as well as in the districts of Azad Jammu and Kashmir, and parts of Gilgit Baltistan,” Sharif’s office said. 

Officials say the ongoing monsoon spell is expected to last until at least Sept. 10, while the NDMA has warned the rains could rival the scale of the catastrophic floods of 2022, which killed more than 1,700 people and caused over $30 billion in damage.

Annual monsoon rains are crucial for Pakistan’s agriculture and water supply but in recent years have also unleashed devastation, intensified by shifting climate patterns.

Despite contributing less than 1 percent of global greenhouse gas emissions, Pakistan ranks among the countries most vulnerable to climate change. In recent years it has endured increasingly erratic weather, including droughts, heatwaves and record-breaking rains that have caused widespread loss of life and damage to property.

Experts warn that without urgent adaptation and mitigation measures, the human and economic toll of climate change in Pakistan will only deepen in the years ahead.