Thumping victory
of PTI in Punjab
is milestone for
Pak politics: Javed Raja

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LONDON: “By-elections in Punjab has completely changed the political situation not for the coming days but also a new phase and milestone in politics will emerge”, this was stated by Javed Raja, the Convenor, Peace International, UK.

Commenting over the thumping victory of Pakistan Tehreek-e-Insaaf, Javed Raja said in a statement that in Pakistan, it is general tradition that the Establishment has to play a very positive role for the stability and security of Pakistan. The political polarisation has damaged the economy of Pakistan and therefore the state has to take some bold decisions for security of the Independence of Pakistan because Pakistan is victim and surrounded by international conspiracies and conspirators, he added.

Javed Raja, the Convenor, Peace International, UK

Javed Raja said the by-elections in Punjab have dominated Pakistan’s political landscape in recent weeks as two major parties, the ruling Pakistan Muslim League-Nawaz (PML-N) and the opposition PTI, have been vying for the maximum number of seats that will also determine the fate of Punjab Chief Minister Hamza Shehbaz or his rival candidate Pervaiz Elahi.

He said that the result of the by-elections would also impact the federal government, therefore, both parties put in their best to win the maximum number of seats.

“This election will also determine if the PTI’s narrative of foreign conspiracy has resonated with the public. The PML-N is blaming the PTI for poor governance and inflation during its tenure and trying to persuade the public in its favour,” he said.

Javed Raja said that the political and economic stability are imminent for each other. Pakistan is expected to receive $10 billion from “friendly countries” and global lenders this fiscal year days after the South Asian nation reached an agreement with the International Monetary Fund (IMF).

Depleting reserves, a widening current account deficit and the depreciation of the Pakistani rupee against the US dollar, have left Pakistan facing a balance of payment crisis and an inflation rate of 21.3 percent.

He said that as it reached a staff level agreement with the IMF last week — which would pave the way for the disbursement of $1.17 billion under a stalled $6 billion program — Pakistan hopes to receive additional external funding from its Middle Eastern allies such as Saudi Arabia and the UAE, multilateral creditors and global lenders. “In conclusion, a balance approach is necessary for Pakistan government to take”, Javed Raja summarised.

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