Politics

Imran Khan says solution to ‘alarming’ economic condition only one — snap polls

Published

1 year ago

Farwa

Khan calls on everyone to raise their voice for snap polls.
PTI chief warns against deteriorating economic condition.
“I have never seen such an alarming situation,” Khan says.

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan said Monday that the only solution to the ongoing “alarming” economic condition was holding early elections in the country.

“This might be the biggest economic crisis that this country has ever witnessed […] the media houses that had to inform the people about the ongoing economic crisis aren’t doing their job,” Khan said in an address to the nation via video.

The ex-prime minister said he was not only addressing the nation, but he was also speaking to the institutions as economic deterioration would affect the entire country.

Khan said when the PTI government rolled out the National Security Policy (NSP), it mentioned that despite Soviet Union’s armed forces being the strongest in the world, it could not save the state from collapse due to the economic condition.

The ex-premier said the judiciary should play its role as they will also “be answerable” if the economy further worsens. “Also, I am surprised at the business community’s silence.”

Khan said that amid the ongoing crisis, small and large-scale businesses were the most affected. He added that exports were also declining gradually.

“The business community should ask why aren’t the overseas Pakistanis sending remittances. In our tenure, remittances, textile exports, tax collection, all were at a record high,” he said.

The former prime minister said even farmers were happy as four major crops registered record yields.

“But today, I want to tell all of you that you will be responsible for the destruction of the country if you do not speak up,” the PTI chief said, noting that since the loans are increasing, the rupee-dollar parity is also surging.

Khan said that the rupee would depreciate further as foreign investors were not interested in doing business in Pakistan. The PTI chief said foreign investors aren’t interested as Pakistan’s credit risk rating has moved up to 100%.

“And as there is a difference between the open market and interbank market rate, remittances are reducing.”

“I have never seen such an alarming situation that’s taking place today — no one is ready to invest in Pakistan, there is no economic activity, and loans are also increasing.”

The PTI chief said that the only solution to the crisis is free and fair elections. “I want someone to tell me what the solution to this is. There is no other solution as the country’s economy is linked to political stability.”

Latest News

The PML-N Punjab chapter convenes today to discuss organizational issues.

Published

23 hours ago

Farwa

Former prime minister and leader of the Pakistan Muslim League-Nawaz (PML-N), Nawaz Sharif, has called a meeting of the PML-N Punjab chapter for today (Friday).

The conference was called by PML-N chief Nawaz Sharif, who reportedly gave the president of the party’s Punjab chapter, Rana Sanaullah, a call to call a meeting of the party’s provincial officials.

Nawaz Sharif is now visiting China.

According to sources, Nawaz Sharif’s leadership role and organizational issues inside the PML-N Punjab would be discussed at the meeting. The meeting’s agenda may also include discussions about the possible growth of the federal and Punjabi cabinets.

According to other sources, Nawaz Sharif gave Rana Sanaullah instructions to gather information on political and organizational positions in Punjab as well as to revitalize the party at the local level.

Latest News

Saad Rafiq: Ali Amin Gandapur’s threat to storm Islamabad is a major issue.

Published

23 hours ago

Farwa

Ali Amin Gandapur, the chief minister of Khyber Pakhtunkhwa, has threatened to storm Islamabad, according to Khawaja Saad Rafique, a former minister and leader of the Pakistan Muslim League-Nawaz (PML-N). This is a very serious situation.

Pakistan Tehreek-e-Insaf’s Khyber Pakhtunkhwa administration has reportedly launched attacks on the federal capital in the past in an attempt to seize Islamabad, according to Saad Rafiq on the social media platform X (previously Twitter).

“However, PTI got nothing and it resulted in creating chaos, hatred and economic destruction,” he continued.

He added, “If the anarchists attack Islamabad to occupy it this time too, it will become impossible for them to return as rulers.”

According to the leader of the PML-N, fascist behavior will no longer be accepted, and the dirty politics of violence, fire, and ransacking will no longer be effective.

The PTI, he said, has to act rationally and refrain from inciting another May 9.

Latest News

PTI founder’s temporary bail in the attack on Jinnah House case is increased

Published

24 hours ago

Farwa

Information connected to the attack on Jinnah House and three other cases were heard by ATC duty judge Arshad Javed.

A video link from Adiala jail will be used by the court to commemorate the presence of former prime minister Imran Khan in all three cases.

Notably, the Punjab government has assigned Imran Khan, the founder of the PTI, seven cells in Adiala Jail, and fourteen security guards have been assigned to guard him. This information was previously communicated to the LHC.

According to AGP Punjab Khalid Ishaq, “six additional cells have been provided for Imran Khan in order to ensure appropriate security for him.”

According to the article, “14 police officers have been assigned to guard Imran Khan at Adiala Jail, whereas one officer is assigned to care for ten prisoners.

happenings on May 9
With the arrest of Imran Khan, the founder of Pakistan Tehreek-e-Insaf, and the former prime minister at the Islamabad High Court (IHC), violent protests erupted around the country.

With Balochistan, Punjab, Khyber Pakhtunkhwa, and Islamabad calling in the armed forces to maintain peace and order, the party workers, incensed over their chairman’s imprisonment, staged rallies in both big cities and remote areas.

A demonstration by “PTI workers” resulted in attacks on Army posts including Jinnah House, the home of the Corps Commander in Lahore.