* IMF is set to renew the Pakistan's loan that has been hit by inflation after fueland tax increases
The International Monetary Fund (IMF) announced that on Thursday it as well as Pakistan agreed to start the loan program which was previously delayed. The program will pump $1.17 billion into the sagging economy. The agreement comes following months of a deeply unpopular tightening of the belt by Shahbaz Sharif's administration, which was elected in April and nearly eliminated fuel subsidies, as well as introducing new measures to expand taxes. Imran Khan, who was the previous premier was the one who signed a $6 billion bailout plan in 2019 but it was never able to move forward due to his administration's violations of agreements on subsidy and poor tax collection.
* PTI moves JCP seeking CEC's removal over 'continuous deliberate misconduct
ISLAMABAD: After the election commission of Pakistan's decision that the PTI received funds that were not allowed in the past, the PTI requested to the Judicial Commission of Pakistan (JCP) Thursday to remove the Chief Election Commissioner (CEC) Iskandar Sultan Raja over his "continuous intentional misconduct." In the letter sent to the commission's judicial committee in response to the JCP's request, the PTI declared: "It is humbly prayed that the Supreme Judicial Council will be able to remove the person who is being investigated from the position of Chief Election Commissioner in light of his continuous deliberate infractions to his constitutional and legal duties and obligations.
The document stated that the PTI does not have an "efficacious remedy" against the commission that is why it invoked the constitutional authority of the JCP in accordance with article 209 in the Constitution. "The PTI is the single largest political party in Pakistan with elected members across the four provinces, which includes Gilgit-Baltistan & Azad Kashmir. The petition for removal of the respondent is not an automatic manner. The reference stated it stated that PTI had been "directly and indirectly displeased" over the decisions of the chief election officer in a variety of cases since his election in the year 2020. The reference also noted that, even though it had been a victim of the CEC's rulings for a long time, the PTI's suspicions morphed into an "strong conviction" that Raja has left no step unturned to favor the PML-N and PDM
* ECP verdict takes into account donations from abroad Pakistanis foreign funds Imran Khan
ISLAMABAD: Former PM as well as PTI Chairperson Imran Khan Thursday clarified the meaning of foreign funds, saying that, as per the ruling from the Election Commission of Pakistan (ECP) donations from foreign Pakistanis are considered to be foreign-funded Speaking to his party's employees in Islamabad's F9 park via the live stream, Khan said that no law restricts political parties from acquiring money from abroad Pakistanis The PTI received money from businesses in 2012, and the law that prohibits this practice was passed in 2017. therefore, there is no law that was violated," he said, saying that it was not an issue of foreign funds Khan has described as the event a "peaceful protest" at the ECP headquarters on Wednesday in the capital of the country in response to the ruling of the body regarding the party's illegal funding case.
The party's chief had originally requested supporters to hold an "peaceful demonstration" against CEC Raja outside the ECP headquarters; however, after warnings from the coalition government barring them from entering the Red Zone, the venue was changed to F9 park Islamabad has been made a fortress, why are they doing this?" the minister said, noting that the capital city of the federal government was shut immediately. former premier said it was a fundamental right of everyone to express their opinions in addition "we [PTI] has always tried to protest with the constitution and the law Regarding PTI's rule, Khan said that when the party came into power, it was given a terrible economy and then the COVID-19 pandemic happened Our government managed both difficult situations successfully," Khan stated, expressing regret that, despite its efforts of the PTI government, it was ousted from power due to the controversy.
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