JUN 14, 2018: Former president Pervez Musharraf has submitted nomination papers from three constituencies to contest elections on July 25 for a National Assembly seat. However, the former military ruler has decided not to appear before the Supreme Court, a private news channel reported citing sources. The apex court has made his physical appearance in court to defend himself against treason charges condition precedent for filing nomination papers. The former military ruler’s papers were submitted on Monday for NA-1 (Chitral), NA-188 (Layyah) and NA-247 (Karachi), according to an All PakistanRead More
The devaluation shows signs of vulnerability in Pakistan’s $300 billion economy; widening trade deficit, alarmingly low foreign exchange reserves, hike in oil prices, could further aggravate country’s macroeconomic fundamentals JUN 12, 2018 — Rupee slumped 3.8 percent against the dollar on Monday before slightly recovering in what appeared to be the fourth currency devaluation in one year by the central bank amid fears of a balance of payments crisis and speculations remittances from overseas Pakistanis may not meet the target. The State Bank of Pakistan said in a press release,Read More
Emergence of 23-Party Grouping Called Pakistan National Alliance (PNA): Party Politics or Pressure Group?
IRSHAD SALIM — Former Pakistani president Pervez Musharraf is all set to lead a 23-party alliance in the general elections this summer. The alliance would constitute a third force in national politics– it is being considered an equalizer albeit pressure group, several observers say, as the triangular contest between ruling PML-N, PTI and PPP parties could become a wild-card-affair with chances of a hung parliament for project democracy to continue, they added. “For Musharraf to lead, however, he must have a day in court, and come out clean on aRead More
IRSHAD SALIM (February 14, 2018) — Both leaders are in shock and awe with Lodhran by-poll results–for same reasons– each did not expect what the voters handed out to their party candidate: Khan’s, a defeat and Sharif’s, the win. The Monday contest in southern Punjab is the last one before national and provincial elections this summer. Whoever wins the most seat in the largest province of the counntry will obviously form the government in the center. Same holds true for the provincial government where Sharif’s younger brother Shahbaz rules. And,Read More