Financial Times: Pakistan sinking into power vacuum and a historic blow to the military establishment

A report published by the British newspaper “Financial Times” said that the success of loyalists of the Pakistan Tehreek-e-Insaf party led by jailed former Prime Minister Imran Khan surprised other political parties, leading to political influence. A historic shock. Army and threatened further instability in the country.

The Tehreek-e-Insaf party's emergence as the largest party on Thursday reflected a rare rejection of the powerful military's long-standing “manipulation” of elections in Pakistan, the report quoted observers as saying. In which voters are increasingly withdrawing from public efforts. Crush Khan's party and stop him from returning to office.

The important date for talks with IMF is approaching

The report said the resulting power shortages would leave the country less able to govern as it approaches a key deadline for a new International Monetary Fund rescue plan.

Elizabeth Threlkeld, a senior fellow at the Stimson Center for Research in Washington, was quoted as saying, “The results of these elections will take several weeks to resolve… It is time for Pakistan to return to negotiations with the International Monetary Fund. Used to be.” Fund.”

Analysts said they expected the military to continue to press for a preferred outcome, with Khan's opponents having begun coalition talks early, according to the report.

League and People's Party

The Pakistan Muslim League, composed of former Prime Minister Nawaz Sharif, which won 75 of the total 265 seats in parliament, announced that it would form the government.

Nawaz Sharif's party began talks to revive the ruling coalition with the Pakistan People's Party led by Bilawal Bhutto Zardari, son of late Prime Minister Benazir Bhutto, who served for a short time after Khan stepped down from the post of prime minister. Was staying.

Analysts say that Sharif and Bhutto Zardari seem to have the best chance of forming a coalition government. In particular, Sharif benefited from a number of judicial rulings ahead of the election, which overturned a lifetime ban imposed on him from holding office following his corruption conviction in 2018.

An attempt to stem the populist tide

Karachi-based columnist Khurram Hussain said what he sees is Pakistan's combined power structure, not just the military but the judiciary and all major political parties, trying to stem the populist tide represented by Tehreek-e-Insaf.

The Tehreek-e-Insaf party itself played down the possibility of forming a coalition and vowed to overturn the disputed results in court and prove its majority. This party had won 101 seats.

The party claimed it had evidence of widespread voter fraud, which snatched away about 70 additional seats, due to delays in the counting process, mobile network outages and other alleged irregularities, and launched legal challenges and protests outside counting centres. urged, while the United States and the European Union called for an investigation into the alleged interference.

Getting Khan out of jail is his party's priority.

One of PTI's priorities will be to get its leader, whose personal charisma is the party's biggest winner, out of jail.

Lawyers have said they hope the cases will be sent to higher courts, but the party claims Khan faces 200 more charges, making a quick release unlikely.

The report said that Pakistan, at least, is in a somewhat unstable situation, and is facing a very serious economic crisis, as the inflation rate is around 30%, and foreign reserves are depleting, and it needs a quick solution. There is a need, and hence a stable and strong government which can go into a fund. International criticism, negotiating with her, and implementing the various economic reforms she will undoubtedly demand.

The country would be at risk of default if it fails to reach an agreement with the International Monetary Fund.

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