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

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2 years ago

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  • 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.”

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Session of the Balochistan Assembly: The Assembly denounces recent acts of terrorism

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5 days ago

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In a resolution, the Balochistan Provincial Assembly vehemently denounced the terrorist acts on August 26.

Deputy Speaker Ghazala Gola presided over the assembly session, which took place in Quetta.

The resolution, proposed by Mir Ali Madad Jatak, vehemently denounced the despicable terrorist assaults that targeted defenseless individuals.

The Resolution required that anyone responsible for terrorist incidents face consequences from the law.

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Rana Sanaullah claims that CJP Qazi Faez Isa rejected the extension.

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6 days ago

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Neither the constitutional amendment nor the extension of the Chief Justice have the necessary number of votes. As a constitutional modification is the purview of Parliament, we ought to have done it if we had the necessary numbers.

It’s evident that CJP Qazi Faez Isa won’t take no for an answer. He said it would be acceptable to extend the age limit for everyone when he discussed this with the Attorney General and the Law Minister.

Rana Sanaullah stated that in terms of politics, they are working with Maulana Fazlur Rehman rather than supporting him.

Regarding his role in appointing the Army Chief and obtaining desired posts, Lt. Gen. (retired) Faiz Hameed has been accused. Furthermore, he is charged with utilizing PTI for these objectives. He could not have acted alone if these charges are true, according to Sanaullah; the PTI founder would have also been involved.

Continue reading: Govt promises tough action over CJP Isa smear campaign.

“WhatsApp conversations between the two on May 9th may surface after retirement, and individuals who helped them communicate may later speak out,” the statement reads.

“Former COAS Qamar Javed Bajwa never asked for an extension in our presence,” Rana Sanaullah stated in response to a query posed during the interview. It was never mentioned by Shehbaz Sharif that the former COAS had requested a delay.

In addition, he refuted reports that Ijaz Amjad, the father-in-law of Qamar Javed Bajwa, and former prime minister Nawaz Sharif met in London.

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PM meets with Interior Minister and CM Balochistan.

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2 weeks ago

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Take all necessary action to enhance Balochistan’s law and order situation, per Prime Minister Shehbaz Sharif’s directive.

During his visit to Islamabad, he spoke with Balochistan Chief Minister Mir Sarfraz Bugti and Interior Minister Mohsin Naqvi.

The PM received a thorough briefing on the security and general state of affairs in Balochistan from the Chief Minister of that province.

The prime minister spoke on the occasion, calling the terrorist assaults in Balochistan that occurred yesterday cowardly and unjustifiable.

By risking their lives, he claimed that our courageous Security Forces had thwarted the terrorists’ plans.

A directive to detect terrorists and take decisive action against them was also issued by the prime minister.

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