logo
In a Pakistan valley, a small revolution among women

In a Pakistan valley, a small revolution among women

Arab Newsa day ago

KARIMABAD, Pakistan: In a sawdust-filled workshop nestled in the Karakoram Mountains, a team of women carpenters chisel away at cabinets — and forge an unlikely career for themselves in Pakistan.
Women make up just a fraction of Pakistan's formal workforce. But in a collection of villages sprinkled along the old Silk Road between China and Afghanistan, a group of women-led businesses is defying expectations.
'We have 22 employees and have trained around 100 women,' said Bibi Amina, who launched her carpentry workshop in 2008 at the age of 30.
Hunza Valley's population of around 50,000, spread across mountains abounding with apricot, cherry, walnut and mulberry orchards, follow the Ismaili branch of Shiite Islam.
Ismailis are led by the Aga Khan, a hereditary position held by a family with Pakistani roots now living in Europe.
The family opened a girls' school in Hunza in 1946, kickstarting an educational investment that pushed the valley's literacy rate to 97 percent for both men and women. That rate far outstrips the country average of around 68 percent for men and 52.8 percent for women.
As a result, attitudes have shifted, and women like Amina are taking expanded roles.
'People thought women were there to wash dishes and do laundry,' Amina said of the generation before her.
Trained by the Aga Khan Foundation to help renovate the ancient Altit Fort, Amina later used her skills to start her own business. Her carpenters are currently at work on a commission from a luxury hotel.
Only 23 percent of the women in Pakistan were officially part of the labor force as of 2024, according to data from the World Bank.
In rural areas, women rarely take on formal employment but often toil in the fields to support the family's farming income.
In a Gallup poll published last year, a third of women respondents said their father or husband forbade them from taking a job, while 43.5 percent said they had given up work to devote themselves to domestic tasks.
Cafe owner Lal Shehzadi spearheaded women's restaurant entrepreneurship in Hunza.
She opened her cafe at the top of a winding high street to supplement her husband's small army pension.
Sixteen years later, her simple set-up overlooking the valley has become a popular night-time tourist attraction. She serves visitors traditional cuisine, including yak meat, apricot oil and rich mountain cheese.
'At the start, I used to work alone,' she said. 'Now, 11 people work here and most of them are women. And my children are also working here.'
Following in Shehzadi's footsteps, Safina quit her job to start her own restaurant around a decade ago.
'No one wanted to help me,' she said. Eventually, she convinced family members to sell two cows and a few goats for the money she needed to launch her business.
Now, she earns the equivalent of around $170 a month, more than 15 times her previous income.
The socio-economic progress of women in Hunza compared to other rural areas of Pakistan has been driven by three factors, according to Sultan Madan, the head of the Karakoram Area Development Organization and a local historian.
'The main reason is the very high literacy rate,' he told AFP, largely crediting the Aga Khan Foundation for funding training programs for women.
'Secondly, agriculture was the backbone of the economy in the region, but in Hunza the landholding was meager and that was why women had to work in other sectors.'
Women's increased economic participation has spilled into other areas of life, like sports fields.
'Every village in the valley has a women's soccer team: Gojal, Gulmit, Passu, Khyber, Shimsal,' said Nadia Shams, 17.
On a synthetic pitch, she trains with her teammates in jogging pants or shorts, forbidden elsewhere by Pakistan's dress code.
Here, one name is on everyone's lips: Malika-e-Noor, the former vice-captain of the national team who scored the winning penalty against the Maldives in the 2010 South Asian Women's Football Championship.
Fahima Qayyum was six years old when she witnessed the killer kick.
Today, after several international matches, she is recruiting the next generation.
'As a girl, I stress to others the importance of playing, as sport is very good for health,' she told AFP.
'If they play well, they can also get scholarships.'

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Pakistan's top revenue-generating Sindh province unveils $12.4 billion budget with major tax cuts
Pakistan's top revenue-generating Sindh province unveils $12.4 billion budget with major tax cuts

Arab News

time10 hours ago

  • Arab News

Pakistan's top revenue-generating Sindh province unveils $12.4 billion budget with major tax cuts

KARACHI: Pakistan's southern Sindh province on Friday proposed abolishing five taxes as it presented a Rs3.45 trillion ($12.41 billion) new budget for fiscal year 2025-26 to simplify taxation and alleviate financial pressure on people and small businesses. Friday also saw Pakistan's northwestern Khyber Pakhtunkhwa (KP) province announcing a surplus budget of Rs2,119 billion ($7.63 billion) for next year, without proposing any new taxes. The province allocated significant financial resources for the militancy-hit tribal districts and social welfare programs, according to the budget document. SINDH Sindh's budget, which carries a deficit of Rs38.46 billion ($138.35 million), includes plans to eliminate professional tax, cotton fee and entertainment duty among other levies as part of broader reforms to support salaried individuals, small businesses, and cultural industries. 'I would like to share some important changes being planned to make our tax system simpler and to reduce the financial burden on both individuals and businesses,' Chief Minister Murad Ali Shah said while presenting the budget in the provincial assembly. Sindh generates most of Pakistan's revenues, more than 60 percent, and is the second most populous province ruled by Pakistan People's Party of President Asif Ali Zardari, a coalition partner of Pakistan Muslim League-Nawaz party which leads the federal government. Pakistan remains under a $7 billion International Monetary Fund (IMF) loan program approved last year and the Washington-based lender wants Islamabad to broaden its tax base by taxing incomes from agriculture, retail and real estate sectors at the provincial level. The two provinces announced their new fiscal plans days after Pakistan's federal government announced its FY26 budget targeting 4.2 percent economic growth, while aiming to arrest fiscal deficit at 3.9 percent of the GDP. In Sindh, the province's total revenue receipts are projected at Rs3.41 trillion ($12.27 billion) for FY2025-26, up 11.6 percent from the current fiscal year ending June. Transfers from the federal divisible pool, which account for 75 percent of revenue, are expected to rise 10.2 percent to Rs1.93 trillion ($6.94 billion). With additional grants and straight transfers, total federal receipts are estimated at Rs2.10 trillion ($7.55 billion). Current Revenue Expenditure (CRE) has been set at Rs2.15 trillion ($7.73 billion), a 12.4 percent increase from the prior year, driven by higher salaries, pensions, and grants to non-financial institutions. Allocations for key sectors have seen marked increases. The education budget has risen to Rs523.73 billion ($1.88 billion) – a 12.4 percent hike – with major investments in primary and secondary education. New initiatives include hiring 4,400 staff, opening four community colleges, and funding for 34,100 primary schools through cost centers. The health sector will receive Rs326.5 billion ($1.17 billion), up 8 percent, including Rs19 billion ($68.35 million) for the Sindh Institute of Urology & Transplantation (SIUT) and Rs10 billion ($35.97 million) for a new hospital in Larkana. Enhanced ambulance and mobile diagnostic services are also planned. Grants-in-aid total Rs702 billion ($2.53 billion), reflecting allocations for hospitals, universities, and development bodies. A Rs520 billion ($1.87 billion) Annual Development Program (ADP) focuses on 475 new schemes targeting flood recovery, renewable energy, and underserved regions. Karachi, the provincial capital of Sindh, will see major upgrades in transport and infrastructure. Fifty electric buses will launch this year, with 100 more expected by August. Bus Rapid Transit (BRT) Yellow Line is nearing completion, and the Red Line has passed the halfway mark. The Karachi Safe City initiative will expand CCTV coverage using artificial intelligence, while blockchain-based land records, a KPI monitoring dashboard, and digital birth registration aim to enhance governance. In rural areas, Rs20 billion ($71.95 million) has been allocated for pro-poor initiatives, while the new Benazir Hari Card will support 200,000 farmers. The Sindh Cooperative Bank is being explored to provide interest-free loans to progressive farmers. KHYBER PAKHTUNKHWA Presenting the new budget, Khyber Pakhtunkhwa's Finance Minister Aftab Alam said the province achieved a Rs100 billion ($359.71 million) surplus in the outgoing fiscal year despite receiving Rs90 billion ($323.74 million) less in funds from the federal government. The province is ruled by jailed former Prime Minister Imran Khan's Pakistan Tehreek-e-Insaf (PTI) party, which is in opposition at the federal level. 'Against all odds and skepticism, we not only met our budget targets but also ensured timely debt repayments of Rs49 billion [$176.26 million],' Alam said. He added that KP's own non-tax revenues rose by 74 percent this year, while the KP Revenue Authority collected Rs41.37 billion ($148.79 million) in the first 10 months of the outgoing fiscal year. The province has set a tax revenue target of Rs83.5 billion ($300 million) and a non-tax revenue target of Rs45.5 billion ($163.71 million) for the next fiscal year, aiming to widen the tax net rather than impose new levies. Federal transfers, including Rs1,147.91 billion ($4.13 billion) from tax revenues and Rs58.15 billion ($209.17 million) in oil windfall levy, are expected to form the bulk of receipts. The tribal districts are set to receive Rs292.34 billion ($1.05 billion), including Rs50 billion ($179.85 million) under an accelerated implementation program and Rs39 billion ($140.28 million) for development. Key initiatives include the expansion of the Sehat Card Plus with life insurance coverage, recruitment of 16,000 teachers, and establishment of new degree colleges. The province's police force will receive Rs693.7 million ($2.49 million) for modern arms and Rs1.22 billion ($4.39 million) for vehicles.

IFC to provide $400 million loan for Pakistan's copper-gold Reko Diq mine
IFC to provide $400 million loan for Pakistan's copper-gold Reko Diq mine

Arab News

time11 hours ago

  • Arab News

IFC to provide $400 million loan for Pakistan's copper-gold Reko Diq mine

ISLAMABAD: The International Finance Corporation will provide a $400 million subordinated loan for Pakistan's Reko Diq copper-gold mine, according to an IFC disclosure on Friday. The loan adds to a $300 million commitment announced in April, bringing IFC's total financing for the project to $700 million. The estimated cost of the mine is $6.6 billion, to be funded through a mix of debt and equity from a consortium of lenders. 'The estimated total Project cost is $6.6bn, and it will be financed using a combination of debt and equity,' the disclosure said, adding that other parallel lenders will provide the remaining debt financing. This type of loan, known as subordinated debt, is typically repaid after other senior loans and helps absorb more risk, making it easier for other lenders to invest. Other financiers, including the US EXIM Bank, Asian Development Bank, Export Development Canada, and Japan's JBIC, are also expected to join the financing package, project director Tim Cribb told Reuters in April. Term sheets are expected to close by early in the third quarter. IFC chief Makhtar Diop said earlier this year that the institution was 'doubling down' on Pakistan, with a focus on infrastructure, energy and natural resources. Reko Diq, located in Balochistan, is one of the world's largest undeveloped copper-gold deposits. It is being developed by Barrick Gold, which holds 50 percent, with the remainder split between Pakistan's federal and provincial governments. Production is expected to begin in 2028. Barrick has projected the mine will generate up to $74 billion in free cash flow over its estimated 37-year life.

Pakistan stocks drop over 1,900 points amid Israel-Iran tensions
Pakistan stocks drop over 1,900 points amid Israel-Iran tensions

Arab News

time12 hours ago

  • Arab News

Pakistan stocks drop over 1,900 points amid Israel-Iran tensions

KARACHI: The Pakistan Stock Exchange (PSX) plunged more than 1,900 points on Friday, as investor sentiment soured following Israel's strikes on Iran, triggering fears of wider regional escalation. The benchmark KSE-100 index fell 1,949.56 points, or 1.57 percent, closing at 122,143.56, down from the previous close of 124,093.12. Shares traded largely in the red, mirroring losses across regional and global markets after the Israeli attacks shook investor confidence, according to a market review by Pakistani brokerage Topline Securities. 'Geopolitical tensions after Israel's attack in Iran weighed down on world equities, including the KSE100,' Raza Jafri, Head of Intermarket Securities, told Arab News. 'In particular, if a geopolitical risk premium gets added to international oil prices on a prolonged basis, it could negatively affect the outlook for the current account deficit and inflation, given more than 25 percent of Pakistan's import bill comprises of petroleum products.' He noted that Pakistan was now 'much more disciplined' economically, having avoided fuel subsidies and refrained from using foreign exchange reserves to support the currency. This, he said, would help the country better withstand a potential oil price shock than in the past. Ahsan Mehanti, Chief Executive of Arif Habib Commodities Ltd, said stocks declined across the board in response to the strikes. 'Slump in global equities on geopolitical risks and weakening rupee played catalyst role in panic selling at PSX,' he said. Israel launched strikes on Iran earlier on Friday, claiming Tehran was 'very close' to developing a nuclear weapon. The attacks reportedly targeted nuclear facilities, scientists, and senior military commanders.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store