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On a public mandate, the PML-N would form an AJK government: Rana Sanaullah
Following the conclusion of the second phase of the Azad Jammu and Kashmir Legislative Assembly elections, the Pakistan Muslim League-Nawaz (PML-N) has established a clear lead, according to Prime Minister’s Adviser on Political Affairs Rana Sanaullah. The party will form the next government in Azad Kashmir based on the strength of the public mandate.
Speaking at a joint press conference in Islamabad with Federal Minister Amir Muqam, Rana Sanaullah announced that the PML-N had won 13 of the 20 seats that were up for election in the second phase. According to him, voting was finished in seven of Muzaffarabad Division’s nine constituencies, and the party has won 26 of the 45 seats thus far.
According to Rana Sanaullah, the Pakistan Peoples Party should now disclose to the country whether or not the polls were transparent after making accusations of election manipulation prior to the elections. He claimed that when proof of purported voting manipulation was sought, allegations first mentioned 13 polling places, then decreased to four, and finally to only two.
On behalf of the Prime Minister, PML-N President Nawaz Sharif, and Punjab Chief Minister Maryam Nawaz, he congratulated the victorious candidates and stated that development initiatives in Azad Kashmir would be initiated in accordance with the party’s election pledges.
In order to decide the party’s future course of action, Rana Sanaullah added that the PML-N parliamentary party meeting would be held as soon as the third round of elections concluded on August 10.
He asserted that people had a complete chance to exercise their right to vote. But he said that in cooperation with an action committee, rioting broke out at a city crossroads two days prior to the election. He said that one person was killed as a result of police intervention, which also increased terror in the community and decreased voting turnout.
Rana Sanaullah further asserted that the appropriate authorities had the names of individuals who were participating in the crossfire. Additionally, he said that the PML-N lost elections because members of the Pakistan Peoples Party joined the action committee in the disturbance.
The Punjab government has declared a local holiday in Lahore on August 4 and has issued an official notification for the closure of some government offices.
The announcement said that the district offices of Lahore and other government departments working in the jurisdiction of Deputy Commissioner will be closed on the declared day.
However, the vacation would not be applicable on Punjab Civil Secretariat and other provincial government offices, which will be functional as usual.
The decision only applies to the district level offices in Lahore and provincial institutions would continue to function normally.
Pakistani car maker MG JW Automobile inked a memorandum of understanding (MoU) with Bangladeshi conglomerate RANCON Group this week to export Pakistani cars to Bangladesh as both nations look to boost business-to-business (B2B) connections.
RANCON is a large corporate organization in Bangladesh and they are working in several sectors like vehicles, real estate and electronics. Under the deal, MG JW Automobile will sell 100 vehicles to Bangladesh during the current year while total shipments are expected to exceed 5,800 vehicles during the next four years, the Pakistan High Commission in Bangladesh announced on Friday.
“The deal is expected to benefit Bangladesh by increasing the availability of vehicles in the Bangladesh market, healthy competition and the consumers will get more choices at competitive prices,” the High Commission stated.
“The agreement will also lead to closer economic cooperation between Pakistan and Bangladesh and promote more business-to-business cooperation,” said the high commission.
Haroon Akhtar Khan, Special Assistant to the Prime Minister on Industries and Production, praised the deal. He said he was confident such collaborations will improve trade and economic relations between the two countries and provide avenues for cooperation between the corporate sectors of the two countries.
Pakistan’s stock market started the new trading week on a positive note as the benchmark KSE-100 Index jumped over 2,700 points in early trade on Monday after US President Donald Trump announced that he had begun talks with Iran.
The bull run took the KSE-100 Index to 178,985 points, signifying restored investor confidence and broad-based buying in the market.
The rally came after the index finished at 176,094 points at the end of the previous trading session.
Market watchers said the high gains were fueled by a better mood among global investors after the announcement of US-Iran talks helped to quell fears over regional tensions and increase optimism in financial markets.
Punjab to observe a holiday on August 4 in Lahore
Pakistani, Bangladeshi firms sign vehicle export contract to increase bilateral trade
PSX makes huge gains to start the week on a positive note.
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