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‘Youm-e-Tashakkur’: PTI to rejoice top court’s verdict in polls delay case

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  • Imran Khan to address his supporters and warn of “real danger”.
  • PTI will celebrate victory in SC verdict in 21 cities across Sindh.
  • Only three cities in KP to celebrate party’s “thanksgiving day”.

After the Supreme Court issued its verdict in favour of Pakistan Tehreek-e-Insaf (PTI) in the election delay case a day earlier, the former ruling party Wednesday announced celebrating “thanksgiving day” across the country’s four provinces tonight.

PTI Chairman Imran Khan, taking to Twitter, wrote that his party will celebrate Youm-e-Tashakkur in over 75 cities across the four provinces after Isha prayer tonight.

The country’s top court, on Tuesday, in its unanimous verdict declared the Election Commission of Pakistan’s (ECP) decision on the Punjab and Khyber Pakhtunkhwa (KP) election null and void, ordering the electoral authority to hold snap polls issuing May 14 as the date for Punjab.

The court’s judgement came as a result of a plea filed by the PTI against the ECP following the party’s persistent demand of conducting polls, particularly in Punjab and KP — where the PTI had ended their government after dissolving the provincial assemblies.

The ECP, earlier today, announced its polls schedule with the date of polling mentioned as May 14. 

He added that the apex court stood with the Constitution and put an end to the doctrine of necessity. Khan deemed it a huge step towards Haqeeqi Azadi (true freedom).

“SC has stood with Constitution & put an end to Doctrine of Necessity, which is used in absence of Rule of Law. This is also a huge step forward towards Haqeeqi Azadi,” Khan tweeted.

The former prime minister, who was ousted from office after a no-confidence motion in April last year, also stated that he will address his people and warn them about the “real danger”. He added that despite the top court’s order, the “ruling mafia” will avoid conducting elections owing to their fear of losing.

“I will address our ppl & warn of the real danger that, despite SC order, ruling mafia will still not hold elections bec they are petrified of losing. We must be prepared to come out on the streets for peaceful protest in support & protection of SC, which is upholding Constitution,” Khan wrote in his tweet.

Khan insisted his workers and supporters remain prepared for taking to the streets for “peaceful protests” for supporting and protecting the Supreme Court.

“We must be prepared to come out on the streets for peaceful protest in support & protection of SC, which is upholding the Constitution.”

The party’s Secretary General Asad Umar, meanwhile, also shared the update about PTI’s celebration following the SC judgement. 

“Thanksgiving day will be celebrated in all four provinces tonight in the context of the Supreme Court’s decision,” PTI Secretary General Asad Umar said.

The party has posted a tweet informing its workers and supporters about the locations where they can gather for the celebration with most number of protests taking place in Sindh’s 21 cities, followed by 19 in Balochistan, 13 in Punjab and three in Khyber Pakhtunkhwa.

In Sindh PTI’s gatherings will take place in Karachi, Hyderabad, Thatta, Sujawal, Tando Allah Yar, Dadu, Badin, Tando Mohammad Khan, Matiari, Mirpurkhas, Umerkot, Tharparkar, Nawabshah, Sanghar, Sukkur, Jacobabad, Shikarpur, Qambar, Jamshoro, Ghotki and Kahirpur.

Balochistan’s cities which will witness celebration by the Khan-led party include Quetta, Zhob, Dukki, Ziarat. Qilla Abdullah, Harnai, Jaffarabad, Naseerabad, Usta Mohammad, Sohbatpur, Lasbela, Loralai, Khuzdar, Jhal Magsi. Barkhan, Pishin, Sherani, Musakhel and Qilla Saifullah.

In Punjab celebrations will take place in Lahore, Gujranwala, Sheikhupura, Rawalpindi, Sargodha, Faisalabad, Jhang, Chiniot, Sahiwal, Okara, Pakpatan, Multan and Bahalwalpur.

Meanwhile, only three cities in KP comprising Peshawar, Swat and Abbotabad will see the PTI celebrate thanksgiving day.

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Explanation: The increase in inflation in the United States would cause electricity costs in Pakistan to rise.

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Electricity contracts between Independent Power Plants (IPPs) and the federal government not only involve capacity costs, but also have a significant impact on the economy and the financial well-being of the population. These contracts are closely linked to the inflation rate and the value of the US dollar.

Startling disclosures have emerged regarding the exorbitant electricity tariffs in Pakistan. The Council of Economic and Energy Journalists Sage, representing the institute, provided a briefing to leading journalists in Karachi.

According to the information provided, the electricity rate component in Pakistan experienced a 253 percent increase from 2019 to 2024 as a result of inflation in America.

The data presented in the briefing indicates that the capacity charges in Pakistan were Rs3.26 per unit in 2019 and climbed to Rs10.34 per unit in 2024.

The capacity charges imposed on the public incorporate the effects of both US inflation and domestic inflation.

Due to the rise in the country’s interest rate, the interest payment for energy has climbed by 343% during a span of four years. Over the course of four years, the working capital of IPPs caused a 716 percent increase in the cost of power per unit.

The electricity rate has increased by 12 to 20 percent, with 70 percent of the charges being capacity charges.

SDPI experts recommended the government to adopt a centralised tariff policy rather than a universal electricity tariff strategy.

The power generation capacity amounts to 23,000 megawatts.

As a result of the increase in solar power generation in the country, the capacity charges will have an additional adverse impact on the residents.

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Significant surge in the price of gold in Pakistan

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On Friday, the price of gold in Pakistan continued to increase.

According to the All-Pakistan Gems and Jewellers Sarafa Association, the price of 24-karat gold per tola has risen by Rs2,200, reaching Rs249,000.

The price of 10-gram 24-karat gold increased by Rs1,886, reaching a total of Rs213,477. On Thursday, the cost of 10 grammes of 22-karat gold was Rs195,687.

The global gold market likewise had a rising trajectory. As per APGJSA, the worldwide rate was $2,404 per ounce, showing a decline of $24 during the course of the trading day.

The local market witnessed constant silver prices at Rs2,900 per tola.

Market observers attribute the increase in gold prices to other variables, such as volatility in the global market, currency exchange rates, and economic conditions. The ongoing surge in gold prices is likely to impact investment choices and consumer behaviour in the near future.

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Court ruling: PTI to overtake all other parties in the National Assembly

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Eight independents and 84 Sunni Alliance members mean that the PTI will likely have 92 legislators in the National Assembly, according to sources.

PTI’s strength in the Lower House is expected to surge to 114 members if it regains the 22 reserved seats it previously lost.

As for the PML-N, they have 108 members in the National Assembly; PPP has 68; MQM has 21; JUI-F has 8; PML-Q has 5; and IPP has 4.

Following the Supreme Court’s ruling on the distribution of reserved seats, the 77 extra seats meant for women and minorities were taken away from the PML-N, PPP, MQM, and JUI.

The electoral commission had on May 13 suspended the 77 Sunni Ittehad Council reserved seats on directives from the Supreme Court. 22 National Assembly seats and 55 provincial assembly seats are among the contested seats.

There are eleven seats from Punjab and eight from Khyber Pakhtunkhwa in the National Assembly that are up for debate among women. The suspended seats also include three seats that are designated for minorities. In the National Assembly, the PPP received five seats, the JUI received three, and the PML-N received fourteen of the 22 heavily contested seats.

There are no longer any allocated seats for minorities or women in the Khyber Pakhtunkhwa Assembly, with 21 seats for women. In addition to the JUI-F, the PML-N was allotted seven seats, the PPP seven, and the ANP one.

The Supreme Court’s decision has suspended the three minority seats and the 24 reserved seats for women in the Punjab Assembly. The PML-N received 23, the PPP received 2, the PML-Q received 1, and the Istehkam-e-Pakistan Party received 1 in Punjab.

There are now no longer any designated seats in the Sindh Assembly for women and minorities. MQM was allotted one reserved seat out of these, and the PPP two.

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