Pakistan has witnessed a 15% increase in overflights, with over 700 daily flights passing through its airspace, according to sources. This surge in overflights has generated an additional $8 million in revenue for the country daily. Previously, around 550 to 600 flights used to pass through Pakistan’s airspace daily.
The increase in overflights is attributed to the ongoing tensions in the Middle East, which has led to a surge in demand for alternative routes. This, in turn, has benefited Pakistan’s economy, with a $1.5 million daily increase in revenue from overflights.
Pakistan has also seen a significant increase in oil prices, with a possible increase of 30 to 50 rupees per liter. In response to the escalating situation, Pakistan’s foreign minister, Bilawal Bhutto Zardari, has spoken with his Iranian counterpart, Hossein Amir-Abdollahian.
Prime Minister Shehbaz Sharif has visited Senator Musadik Malik, who is recovering from an illness. In addition, educational institutions in Sindh will observe a holiday on the occasion of Youm-e-Ali.
Employees have expressed concerns about the deplorable state of the police quarters in the Artillery Ground, saying they are in dire need of renovation. The Supreme Court has delivered a verdict in a case of violence and harassment involving a medical student, Khadija Ghaffar.
UAE-based airline, Emirates, has planned its flight operations from today until March 19. Pakistan’s Finance Minister, Ishaq Dar, will chair a meeting of the Economic Coordination Committee to discuss the pricing of petroleum products.
In a related development, the total number of cancelled flights from Pakistan to the Middle East has reached 814 over the past seven days. An investigation has been launched into the violence that broke out in Karachi, resulting in the deaths of 11 people and injuring over 30 others.
Pakistan’s military has launched operations against the Taliban in the Khyber Pakhtunkhwa region under Operation Ghazab al-Haqq. In a separate development, a major plot to destroy several buildings in the city of Bannu was foiled by security forces.
PTI leader, Sheikh Waqas Akram, has called for Pakistan to immediately withdraw from the Board of Peace. In a bid to counter the threat of drones, the Punjab government has decided to establish anti-drone units in all districts.
The Khyber Pakhtunkhwa government has also decided to establish a train service with the help of the federal government in the Peshawar Valley. In a separate development, the Punjab police has been put on high alert for the third Friday of Ramadan, with over 83,000 police personnel deployed.
In other news, Russia has supplied Iran with the coordinates of US warships and planes, according to Iranian Parliament Speaker, Mohammad Bagher Ghalibaf. In a separate development, Iranian President Ebrahim Raisi has announced that some countries are making attempts to mediate in the conflict.
Following the failure to open the Strait of Hormuz, the global market has seen a 9% increase in crude oil prices. The UAE-based airline, Emirates, has planned its flight operations from today until March 19.
In a related development, the British government has offered 150 families a hefty payment to leave the country voluntarily. However, this move has been met with criticism, with Secretary of the Interior, Shabana Mahmood, being accused of exploiting British taxpayers.
