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PTI MNAs to tender resignations from NA tomorrow: Fawad

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  • Despite PTI’s objection to the nomination of Shahbaz Sharif for the slot of prime minister, the NA secretariat accepts his nomination.
  • Says party had sent all declassified documents to NA speaker and CJP.
  • Says PTI will continue protests against “foreign conspiracy” of regime change.

ISLAMABAD: Following the removal of former prime minister Imran Khan from power through a no-confidence motion, senior PTI leader and former minister for information and broadcasting Fawad Chaudhry announced Sunday that his party members would resign from the National Assembly tomorrow (Monday) if the nomination of PML-N President Shahbaz Sharif is accepted. 

Speaking to journalists on Sunday alongside former energy minister Hammad Azhar and former state minister for information Farrukh Habib, Fawad said that PTI chief Imran Khan chaired a meeting of the party’s core committee in Bani Gala where he reiterated that his ouster was part of a regime-change operation back by foreign powers.

“When decisions related to a country’s internal affairs are made from outside, it’s the biggest sign of its slavery.”

The ex-information minister said that his party had sent all declassified documents to the speaker of the NA as well as the chief justice of Pakistan.

He said that the PTI has nominated former foreign minister Shah Mahmood Qureshi as the candidate for the prime minister’s slot. 

“We have chosen Qureshi for the prime minister’s slot because firstly, we want to challenge Shahbaz Sharif’s nomination because he has a corruption case of Rs16 billion registered against him.”

He expressed his regret and said it would be unfortunate to impose a “foreign, selected, and imported government and on top of that, make Shahbaz Sharif the head of the government.

He informed journalists that during the meeting, the party’s core committee said that all PTI members should resign from the assemblies.

“We will start off by resigning from the National Assembly,” he said. “And if Shahbaz Sharif’s nomination papers are accepted, then we will tender our resignations tomorrow.”

Shortly afterwards, however, the NA Secretariat rejected PTI’s objections and went ahead to accept Shahbaz’s nomination. 

He further said that a parliamentary party meeting has also been called tonight, adding that most of the PTI members from the assemblies have already submitted their resignation to the party chairman. 

Fawad said that all PTI supporters will continue their protests against the alleged foreign conspiracy against Imran Khan.

He went on to say that within the next few months, the party will start gearing up for the elections. 

Disagreements within party over resignations

While Fawad maintained that the majority of PTI members have already tendered their resignations to the PTI chief, sources privy to the matter told Geo News that the majority of the members are not in favour of resigning from the assembly but Sheikh Rasheed and Fawad Chaudhry are actively trying to push the party out of the political arena. 

Members are of the view that if this happens, then the PTI, as a political party will “suffer irreparable damage.”

On the other hand, sources say that today’s meeting of the PTI parliamentary party has been postponed.

Imran Khan ousted from power

On Saturday, April 10, Imran Khan was ousted as the prime minister of Pakistan from office through a no-confidence motion.

The session was chaired by Ayaz Sadiq — a member of the panel of chairs — after speaker Asad Qasier resigned from his post.

“174 members have recorded their votes in favour of the resolution, consequently the resolution for the vote on no-confidence against Mr Imran Khan, the prime minister of Pakistan, has been passed by a majority,” Ayaz Sadiq announced after the process of voting was completed.

Once the voting was concluded and the result was announced, Opposition leaders delivered their victory speeches. The session then was adjourned till 11am on Monday, April 11.

Business

Moody’s says the IMF programme will increase Pakistan’s foreign financing.

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Moody’s, a reputable international rating agency, has stated that Pakistan’s chances of acquiring funding will increase as a result of the recent agreement with the International Monetary Fund (IMF), which offers dependable sources for that purpose from both friendly countries and international financial institutions.

According to a recent Moody’s analysis on Pakistan’s economy, social unrest and tensions could result from Pakistan’s ongoing inflation. The country’s economic reforms may be hampered by increased taxes and potential changes to the energy tariff, it continued.

Moody’s, on the other hand, agrees that the coalition government headed by Shehbaz Sharif of the PML-N is in danger of failing to secure an election mandate, which may potentially undermine the successful and long-lasting execution of economic reforms.

The government’s capacity to proceed with economic changes may be hampered by societal unrest and poor governance, according to Moody’s.

In order to appease the IMF by fulfilling a prerequisite for authorising a rescue package, the government raised the basic tariff on electricity, which coincided with the most recent increase in fuel prices announced on Monday. This report was released by Moody’s.

Food costs have increased in the nation, where the vast majority is experiencing an unprecedented crisis due to the high cost of living, following the government’s earlier presentation of a budget that included a large increase in income tax for the salaried classes and the implementation of GST on commodities like milk.

The most recent comments were made following Islamabad’s achievement of a staff-level agreement for a $7 billion contract that spans 37 months and is contingent upon final approval by the IMF Executive Board.

It states that Pakistan will need foreign financing totaling about $21 billion in 2024–2025 and $23 billion in 2025–2026, meaning that the country’s present $9.4 billion in reserves won’t be sufficient to cover its needs.

Therefore, according to Moody’s, Pakistan is in an alarming position with regard to its external debt, and the next three to five years will be extremely difficult for the formulation and implementation of policies.

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Base Of bilateral relations: China And Pakistan Reiterate Their Support For CPEC

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China-Pakistan economic corridor is a major project of the Belt and Road Initiative, and both countries have reiterated their commitment to it. It remains a fundamental aspect of their bilateral relations.

Vice Chairman Zhao Chenxin of the National Development and Reform Commission of China and Minister Ahsan Iqbal of Planning and Development met in Beijing, where Ahsan Iqbal made this assurance.

The summit made clear how committed China and Pakistan are to advancing their strategic cooperative partnership in all weather conditions.

The focus of the discussion was on how the CPEC was going, with both parties reviewing project development and discussing how the agreement made at the leadership level will lead to the launch of an enhanced version of the CPEC.

In order to improve trade, connectivity, and socioeconomic growth in the area, they emphasised the need of CPEC projects.

The Ml-I Project, the KKH realignment, and the Sukkur-Hyderabad motorway—the last remaining segment of the Karachi-Peshawar motorway network—were all to be expedited.

Expanding the partnership’s horizons to include technology, innovation, education, connectivity, and renewable energy sources was another topic of discussion.

Specifically in the special economic zones being built under the Comprehensive Economic Cooperation (CPEX), Vice Chairman NDRC emphasised the possibility of China investing more in Pakistan.

In addition to expressing confidence in the ongoing success of the two nations’ collaboration, Zhao Chenxin reiterated China’s support for Pakistan’s development aspirations.

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9th Muharram: Processions Happen Throughout the Nation Today Under Strict Security

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Nineth Muharram: Today, the nation observes the ninth day of Muharram with the appropriate seriousness and respect, honouring the ultimate sacrifice made by Hazrat Imam Hussain (RA) and his followers.

In addition to Tazia and Alam processions being held in certain cities, Majalis will take place in all major and minor cities.

A thorough traffic and security strategy for the ninth day of Ramadan has been finalised by the Islamabad police.

Starting from the Imambargah at G/6-2, the main 9 Muharram al haram procession will travel a predetermined itinerary before ending back at its starting position.

The traffic measures are in place to guarantee the parade proceeds smoothly. General traffic will not be allowed on the route that runs from Fazal Haq Road, Polyclinic, to Kulsoom Plaza.
Today, amid strict security, there are processions across the nation.

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