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All PTI allies ‘100% inclined’ towards Opposition, PML-Q’s Pervaiz Elahi says ahead of no-trust motion

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  • Pervaiz Elahi says onus on PM Imran Khan to reverse allied parties’ inclination towards government.
  • “But I believe the time to send delegations [for assuring support] has passed.”
  • Govt to lose majority in NA if three allied parties leave its side and join Opposition.

With the no-confidence motion presented against Prime Minister Imran Khan, Punjab Assembly Speaker and PML-Q leader Pervaiz Elahi has said that all the PTI allies are “100% inclined” towards the Opposition.

“It is Khan sahab’s duty to reverse the tilt. But I believe the time to send delegations [for assuring support] has passed. Had he done this earlier, this could have been avoided,” the speaker, whose party is an ally of the PTI in the Centre and Punjab, said while speaking to Hum News.

The speaker termed the alliance of the three Opposition major parties — JUI-F, PML-N, and PPP — as lasting and stable, just weeks before a session to vote on the no-confidence motion against Prime Minister Imran Khan is called.

The government’s key ally in the Centre, the Grand Democratic Alliance (GDA), Monday assured PM Imran Khan of complete support ahead of the no-trust motion, while other allies — BAP, MQM-P, and PML-Q — are still indecisive.

The statement comes just hours after PM Imran Khan said the entire nation was ready to go down with him rather than supporting the “three stooges”, as he slammed the Opposition amid rising political tensions.

In his address to a convention of overseas Pakistanis in Islamabad, the prime minister said: “When the people saw the faces of the three stooges — PML-N President Shahbaz Sharif, Pakistan Democratic Movement (PDM) chief Maulana Fazlur Rehman, and PPP Co-chairman Asif Ali Zardari — they decided against supporting them and expressed their desire to go down with [me].”

The prime minister thanked the Opposition for moving the no-confidence motion as through this, his party had strengthened, with people all-geared up for the March 27 rally — which is expected to take place at D-Chowk just a day before the National Assembly votes on the no-trust motion.

The government allies — BAP, MQM-P, and PML-Q — have been holding meetings back and forth with each another — and even the Opposition parties, as the PTI awaits their final decision.

Numbers game

It is noteworthy that the three allies have 17 representatives in the National Assembly. If these parties join the Opposition, the PTI government’s strength will fall to 162 from 179, and the total number of MNAs in the unified opposition would rise to 179.

To pass the no-trust motion, the Opposition needed the backing of 172 MNAs. The NA currently has a total membership of 341 members, with one seat empty.

The illustration shows the breakdown of the representatives of the government and the Opposition in the National Assembly. — Illustration via Geo News
The illustration shows the breakdown of the representatives of the government and the Opposition in the National Assembly. — Illustration via Geo News

The ruling coalition now has 179 MNAs in favour, while the Opposition has 162 MNAs in the lower house of parliament. The Opposition required the backing of ten more MNAs to dislodge the Imran Khan government.

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The KSE-100 Index rises following a sharp decline in the previous session.

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The government is considering filing a treason case under Article 6 against PTI founder Imran Khan, former president Arif Alvi, and former deputy speaker Qasim Suri. On Tuesday, the KSE-100 Index was up more than 1.3% during early trading, following a day of roughly a 2 percent loss due to growing political unrest and the potential banning of the party.

However, the benchmark index of the Pakistan Stock Exchange was trading at 79,074.63 by 11:49 a.m., having gained 535.45 points, or 0.68 percent, after reaching an intraday high of 79,578.04.

Market analysts said that political tensions were the primary cause of the KSE-100’s earlier Monday decline of 1578.71 points, or 1.97 percent.

They did point out, though, that a correction was a reasonable reaction to the protracted upswing that allowed the benchmark mark index to reach 81,839.86 on July 18.

As a result of interest rate cuts and the possibility of another IMF program, the Pakistan Stock Exchange has gained 22.97 percent so far this year. The cycle began on June 10 with a 1.5 percent decrease in borrowing costs.

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PTI is given further time by the ECP to provide documents in the intra-party election case.

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Following an intra-party elections case, the Pakistan Tehreek-e-Insaf (PTI) was given an extension by the Election Commission of Pakistan (ECP) on Tuesday to submit its paperwork.

Hearings were held on the PTI intra-party election case before a three-member bench chaired by Sindh ECP member Nisar Durrani.

The Khyber Pakhtunkhwa ECP member questioned who oversaw the PTI elections as it wasn’t an organization.

Regarding the PTI’s recent election, the ECP voiced no objections. Barrister Gohar, the Chief of PTI, replied, “We plan to address a few legal and technical queries given enough time.”

During the raid on the PTI Central Secretariat, he claimed that the police had seized everything, including crucial party records, and that they had not even left a “water dispenser.”

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Business

In interbank trade, the US dollar crushes the Pakistani rupee.

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During interbank trade on Tuesday, the US dollar’s value increased by 15 paisas, reaching Rs 278.45.

It is important to remember that Fitch Business Monitor International expressed concern about the possibility that Pakistan’s economic stability may be jeopardized by the ongoing political unrest.

The fragile situation of Pakistan’s economic recovery was emphasized by Fitch in its most recent Pakistan Country Risk Report, which also noted that economic activity has been impeded by urban protests.

(PTI),In spite of multiple successful judicial appeals, the founder of Pakistan Tehreek-e-Insaaf (PTI) is expected to stay behind bars, the article notes, underscoring the fragile political environment.

With no urgent plans for new elections, this scenario suggests that the coalition administration will remain in office for the next 18 months.

Fitch also described an eventuality in which the government could change and be replaced by a technocratic administration. This suggests that the government of Pakistan would carry out the reforms demanded by the IMF, contributing to the 3.2% GDP growth expected in 2024–2025.

The policy rate has stabilized above projections, while the research predicted it may reach 16 percent this fiscal year and 14 percent the following year.

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