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

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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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Fazlur Rehman wants new elections to be held.

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Speaking to a crowd in Karachi, Maulana Fazlur Rehman claimed that meetings were “sold.” “President House and the Sindh Assembly were also sold,” he continued.

The head of JUI-F insisted on holding fresh elections right away in order to preserve the integrity of the democratic process.

He went on, “The results of the most recent elections are unacceptable and they were rigged.” In order to guarantee that the people’s opinion is heard and their mandate is honored, the JUI-chief called for new elections.

Additionally, Maulana Fazlur Rehman criticized the federal government’s foreign policy, including its position on Israel and Palestine. He declared, “We are being punished for standing with Palestine and against Israel.”

Speaking before a public assembly in Karachi, Maulana Fazlur Rehman asserted that gatherings were “sold”. He added, “Sindh Assembly and President House were sold.”

In order to safeguard the democratic process, the chairman of JUI-F asked that new elections be held immediately.

“It’s unacceptable that the results of the recent elections were rigged,” he stated. The JUI-chief demanded fresh elections in order to give the people’s voice a chance to be heard and their mandate to be respected.

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In the Toshakhana case, the PTI founder contests the NAB notification.

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The Islamabad High Court (IHC) was asked to set aside the NAB notice in a plea submitted by Imran Khan’s representatives, Salman Safdar, Usman Riaz, and Khalid Yousaf, according to the information.

Regarding the Toshakhana issue, NAB Rawalpindi called the PTI founder, who is detained, and his spouse, Bushra Bibi, on April 16.

Bushra Bibi, the former first lady of Pakistan, and Imran Khan, the founder of Pakistan Tehreek-e-Insaf (PTI), were the subject of a new investigation by the National Accountability Bureau (NAB) yesterday.

In a letter to the deputy superintendent of Adiala Jail and call-up notices to Imran and Bushra, the anti-graft body also asked for their attendance during the research.

Case of Toshakhana
In the Toshakhana case, an Accountability Court (AC) on January 31 imposed a 14-year prison sentence on the founder of Pakistan Tehreek-e-Insaf (PTI) and his spouse, Bushra Bibi.

AC Judge Muhammad Bashir delivered the decision. For ten years, the founder of PTI and his spouse were likewise prohibited from holding any public office.

A Rs. 787 million fine was also imposed by the judge.

Prior to this, in connection with the cipher case, Khan and his foreign minister Shah Mehmood Qureshi received 10-year prison sentences under the Official Secrets Act.

In a case concerning their marriage during the latter’s Iddat period, they were each given seven years in prison one day later.

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US Ambassador Donald Blome praises Maryam’s portrayal of the Chief Minister of Punjab.

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According to information, Maryam Nawaz was congratulated by the US envoy on being the first female Chief Minister of Punjab during their meeting.

America’s goal to deepen economic relations with Pakistan, especially in the areas of manufacturing, IT, and agriculture, was conveyed by Ambassador Bloom. Maryam’s people-oriented efforts and initiatives were commended by him, who called them “commendable”.

The ambassador received assurances from Chief Minister Maryam Nawaz that Punjab will offer a safe haven for US investment. She emphasised that a stable administration is essential to guiding Pakistan out of its economic crisis and welcomed US engagement in a number of areas.

The Chief Minister also emphasised how her government’s economic initiatives had reduced inflation.

That Maryam Nawaz and Donald Bloome are meeting for the second time is worth mentioning. It was before to her election as Punjab’s Chief Minister that the first meeting was held.

At Maryam Nawaz’s home in Murree, Senior Vice President of the Pakistan Muslim League-N, Donald Blome, the US Ambassador to Pakistan, had a meeting.

They talked on the value of cooperation in a number of sectors, including as commerce, the economy, security, peace, and regional stability, according to the details.

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