As the rest of the world raced to aid Turkey, Pakistani institutions and leaders were seen taking advantage of the tragedy to forward their own agenda on divisive subjects like Kashmir.
According to Dawn, the belt-tightening comes as the government is trying to resume a stalled loan programme of the International Monetary Fund (IMF) to secure funds worth USD 1 billion. The premier said an agreement with the Fund was in its final stages.
Pakistan is seeking a USD 7 billion bailout package from the IMF to prevent the collapse of the economy. While the visiting IMF delegation is asking for several reforms and compliance with its conditionality.
The decision was taken after a three-member ministerial committee comprising Pakistan's Minister for Law and Justice Azam Nazeer Tarar, Minister for Economic Affairs and Political Affairs Ayaz Sadiq, and Minister for Information and Broadcasting Marriyum Aurangzeb made the recommendation.
Even the ongoing economic crisis of the country has made the situation of the locals worse. As the costs of essential foodstuffs have increased exponentially. The shortage of grains has hit hard the people of the region who have taken to the streets to ask for essential foodstuffs.
"As we speak, an IMF delegation is in Islamabad and giving a very tough time to the finance minister and his team. I will not go into detail about this further but our economic challenges are unimaginable. The IMF conditions which we have to fulfill are beyond imagination but we have to do i
Ishaq Dar made the announcement in a televised address on Sunday. He said that the price of kerosene oil and light diesel oil were increased by PKR 18 per litre.
The statement of Sharif came after former Pakistan PM Imran Khan on Friday claimed that a new plan was hatched for his assassination and alleged Pakistan People's Party (PPP) co-chairman of being involved in a conspiracy.
Businesses in Pakistan are at risk of closure due to a breakdown of supply chains as domestically manufactured goods rely on imported raw materials. The textile industry in Pakistan is also in a critical position as it is losing credibility and market share among international buyers.