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Military has nothing to do with whatever happened today: DG ISPR

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  • DG ISPR bluntly denies any sort of involvement of Army in political developments of the day.
  • “Absolutely not”, he says replying to a question regarding the consent of the Army.
  • His comments comes after President Arif Alvi approved dissolution of NA.

ISLAMABAD: The military has nothing to do with what happened today, Director-General Inter-Services Public Relations (ISPR) Major General Babar Iftikhar Sunday told Geo News after the country witnessed a political rollercoaster ride within the span of a few hours.

Replying to a question regarding the involvement of the Army in the political developments of the day, the DG ISPR bluntly denied any sort of involvement and said: “absolutely not”.

The DG ISPR’s comments on the ongoing political situation came after President Arif Alvi approved the dissolution of the National Assembly on the advice of Prime Minister Imran Khan. 

Before this, the NA deputy speaker ruled to adjourn the session held for voting on the no-confidence motion against PM Imran Khan, terming it “unconstitutional.”

According to sources, elections will be held within a period of 90 days.

In a brief address to the nation after the no-confidence motion was rejected, the premier congratulated the nation and said that he had sent a proposal to the President to dissolve the NA and the nation should prepare for the next elections.

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Senate Session: Senate Proceeds With Debate On Important National Issues

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Today, the Senate reconvened in the Parliament House in Islamabad, with Chairman Sadiq Sanjrani presiding.

The House has persisted in debating matters of national significance.

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Elections

Government Formation: PML-N & PPP To Hold New Round Of Talks Today

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The Pakistan Peoples Party and the Pakistan Muslim League-Nawaz would begin their second round of negotiations today.

In a casual chat with reporters, PML-N Leader Azam Nazir Tarar stated that the negotiations are progressing well.

Tarar went on to say that some decisions on PPP’s involvement in the Cabinet had already been made.

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Business

Over 600 points are added by PSX in intraday trading.

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Tuesday’s lunchtime trading on the Pakistan Stock Exchange saw favorable activity.

During intraday trading, the benchmark KSE-100 Index increased by 672.08 points, or 1.11%, and was trading at 61131.82 levels.

The KSE-30 Index was trading at 20,558.31 after adding 211.46 points, or 1.04%.

The Pakistan Muslim League-Nawaz (PML-N) and the Pakistan Peoples’ Party (PPP) had another round of discussions for the establishment of a central government the day before the rally in the local stock exchange.

In the meanwhile, Fitch Ratings has issued a warning, stating that the likelihood of default would rise in the event of a drawn-out discussion or the inability to reach an agreement with the International Monetary Fund (IMF).

According to the State Bank of Pakistan, which reported net foreign reserves of $8 billion as of February 9, 2024, up from a low of $2.9 billion on February 3, 2023, Pakistan’s external situation has improved recently.

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