Home Latest Establishment mulling ‘soft intervention’ amid deepening political, economic crisis: sources

Establishment mulling ‘soft intervention’ amid deepening political, economic crisis: sources

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ISLAMABAD, July 23(ABC): The establishment is considering a “soft intervention” under which it may mediate between PTI Chairman Imran Khan and the coalition parties — comprising PML-N, PPP, JUI-F, and others — sources told The News Saturday, as political and economic crises grip Pakistan.

The sources told the publication that there are chances of a “grand dialogue” between the Opposition and the government with the intervention of the establishment.

The development comes as the Pakistani rupee continues its downward trend against the US dollar and the Pakistan Stock Exchange (PSX) also witnessing constant plunges in recent sessions — both markets recording historic lows.

Not only this, but there has also been persistent political instability since Khan’s ouster from power, including a fight for the Punjab throne resulting in the province being left without a chief minister for nearly four months. Hamza Shahbaz took oath twice as chief minister in this period but with his appointment challenged time and again in the courts, the matter has now gone to him being appointed a trustee chief minister until Monday.

The situation has given way to the likelihood for the next general elections to take place soon, with the sources putting the time frame at October.

Author

  • FD News

    Financial Daily (FD) is an emerging media outlet providing news reports, analysis and features especially related to politics and economy. FD is currently one of the largest and most comprehensive private-sector information portals in Pakistan, providing its readers with apolitical, unbiased and fact-based news reports and analyses.

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