Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Pakistan has scrapped plans for a new tax on banks’ profits on government debt, just days before a critical deadline and following a backlash from lenders. The proposed levy was intended to boost the south … Read more
In 2024, Pakistan has moved in a decisively authoritarian direction. The civilian and military hybrid ruling coalition that came to power in 2022 is using electoral engineering and constitutional entrenchment to consolidate power in the face of popular discontent and resilient political opposition. This process of electoral and constitutional consolidation does not move forward unimpeded, … Read more
China has called on Pakistan to protect Chinese workers after a resurgence in militant violence that has targeted some of Beijing’s $60bn of investments in the country. Two Chinese engineers were killed this month in a bomb attack by ethnic separatists on a convoy leaving Karachi’s international airport. Those in the convoy were employees of … Read more
