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PM Shehbaz Sharif fears ‘all hell to break loose’ sans debt relief

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  • PM Shehbaz makes urgent appeal for debt relief for flood-ravaged Pakistan.
  • Reminds rich nations Pakistan paying price for their greed.
  • Asks how Pakistan can stand on its own feet unless given “substantial relief.”

With debt obligations drawing to a close, Prime Minister Shehbaz Sharif has made an urgent appeal for relief in the repayment of debts from rich nations, reminding them that Pakistan is bearing the brunt of environmental damage caused by them to cater to their greed.

In a conversation with Bloomberg TV, PM Shehbaz Sharif said that Pakistan recently signed a deal with the International Monetary Fund (IMF) under “very tough” conditions, including taxes on petroleum and electricity.

Seeking support for Pakistan, hit by catastrophic floods this monsoon while already reeling from a stressed economy, PM Shehbaz Sharif said:

“Unless we get substantial relief how can the world expect from us to stand on our own feet? It is simply impossible,” he said.”The world has to stand by us.”

Responding to a question about debt obligations, the premier said they have spoken to European leaders and other leaders “to help us, in the Paris Club, get a moratorium”.

As per PM Shehbaz Sharif, there is a “yawning gap” between what Pakistan is asking for and what is available, warning that the nation is facing the imminent threat of epidemics and other dangers.

“God forbid this happens, all hell will [break loose],” he said.

The Pakistani leader shared that he’d spoken to the World Bank about immediate debt relief and would begin talks with China after the Paris Club.

Pakistan owes $30 billion to China, or about a third of its total external debt.

He said the floods were the result of an unprecedented cloudburst induced by climate change due to the environmental damage caused by fossil fuels.

“Therefore it’s none of our doing, our making. Our carbon emission is less than 1% and to be very exact it’s 0.08%, which is the lowest in the world. But we are rated as one of the most vulnerable countries.”

“Essentially I should have been in my country with my people in flood-affected areas with children, boys, girls and those who have been badly affected, to console them and provide them with some relief. But I’m here to tell the world what happened with us and with our people.”

“Has the word done enough and what can be done?” he was asked.

To this, he said that the US, Turkish and French presidents have touched upon this subject and commended their concern.

“What they have done is commendable, but it is far from meeting our needs. We cannot do it alone. We cannot, you know, cough up resources from our own pocket, which are already insufficient to meet our pressing needs. We need additional funds.”

“So I think, unless the world comes out with billions of dollars in support for relief, for building of resilient infrastructure, and [for] infrastructure adaptation in agriculture and housing, things will not come back to normal,” he said.

About his talks with Russian President Vladimir Putin, the prime minister said he spoke to the Russian president about the availability of gas and oil and Putin has promised him that he will most definitely look into this. 

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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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The PTI has filed a petition with the Lahore High Court to seek permission for holding a protest at Minar-e-Pakistan on August 14.

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In its appeal, PTI said that there will be no unlawful activity during the gathering, which they intended to hold on August 14 at Minar-e-Pakistan.

Permission from the court to hold the rally at Minar-e-Pakistan was requested.

PTI also asked for an injunction to stop harassing the petitioner and their family.

Notifying the Deputy Commissioner and other relevant parties, the court requested their comments. There was a one-week delay in the heating.

Note that the administration was also ordered by the Islamabad High Court to hold talks with the PTI in order to arrange a public gathering.

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The chairman of PTI, Barrister Gohar, and Raoof Hasan have been arrested.

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Senator Shibli Faraz of the PTI alleged on Monday that the Islamabad Capital Territory Police (ICT) surrounded the PTI secretariat in Islamabad and apprehended PTI chairman Barrister Gohar and party spokesperson Rauf Hasan.

A substantial group of law enforcement officers arrived outside the PTI secretariat, accompanied by female police personnel.

Shibli Faraz alleged that the chairman of PTI and Rauf Hasan were apprehended by the ICT Police.

The Pakistan Tehreek-e-Insaf (PTI) Central Secretariat was sealed by the Capital Development Authority (CDA) on May 24. The operation, carried out in cooperation with the district administration, featured anti-encroachment teams armed with heavy machinery that were deployed at the location situated in Sector G-84.

As to a representative from the CDA, the specific plot was assigned to an individual named Sartaj Ali. Nevertheless, instances of non-compliance with building regulations, such as the erection of an extra level, were observed. Additionally, it was stated that the political party had unlawfully occupied the neighboring acreage.

The Islamabad High Court issued a directive on June 4, instructing authorities to promptly remove the seal from Tehreek-e-Insaaf’s headquarters office in the federal capital, Islamabad.

Justice Thaman Rifat Imtiaz of the Islamabad High Court has delivered a ruling that was previously kept undisclosed. The court granted PTI’s case against the Capital Development Authority CDA.

On June 3, the Islamabad High Court deferred its verdict regarding the appeal against sealing the central secretariat of PTI and the CDA operation.

On May 27, the Islamabad High Court (IHC) dismissed the objection raised by the registrar’s office about the case filed by the Pakistan Tehreek-e-Insaf (PTI). The petition was against the closure of the party’s central secretariat and the actions of the Capital Development Authority (CDA). The instruction was given.

The PTI leader filed a petition seeking the annulment of the CDA’s order to seal the Central Secretariat.

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