Berliner Boersenzeitung - Pakistan PM's future in doubt as coalition ally switches sides

EUR -
AED 4.099512
AFN 76.984357
ALL 99.279632
AMD 432.840824
ANG 2.0117
AOA 1035.51375
ARS 1074.340751
AUD 1.635204
AWG 2.00904
AZN 1.895592
BAM 1.956437
BBD 2.253773
BDT 133.392204
BGN 1.954913
BHD 0.420605
BIF 3235.894809
BMD 1.116133
BND 1.442356
BOB 7.71351
BRL 6.058062
BSD 1.116233
BTN 93.297054
BWP 14.755404
BYN 3.65299
BYR 21876.209389
BZD 2.249972
CAD 1.513644
CDF 3204.418308
CHF 0.949696
CLF 0.037554
CLP 1036.220769
CNY 7.867842
CNH 7.86961
COP 4636.394708
CRC 579.178056
CUC 1.116133
CUP 29.577528
CVE 110.300886
CZK 25.054931
DJF 198.769327
DKK 7.459888
DOP 67.000598
DZD 147.66206
EGP 54.24362
ERN 16.741997
ETB 129.530722
FJD 2.453652
FKP 0.850001
GBP 0.838411
GEL 3.047082
GGP 0.850001
GHS 17.548709
GIP 0.850001
GMD 76.455821
GNF 9643.921622
GTQ 8.628807
GYD 233.515974
HKD 8.691552
HNL 27.689513
HRK 7.588601
HTG 147.28462
HUF 393.231003
IDR 16990.113376
ILS 4.220378
IMP 0.850001
INR 93.212522
IQD 1462.242986
IRR 46980.831802
ISK 152.095942
JEP 0.850001
JMD 175.373915
JOD 0.791006
JPY 160.854911
KES 143.992586
KGS 94.021383
KHR 4533.393698
KMF 492.605134
KPW 1004.519186
KRW 1491.009022
KWD 0.340416
KYD 0.930182
KZT 535.17213
LAK 24648.577696
LBP 99958.634637
LKR 340.567752
LRD 223.252635
LSL 19.595924
LTL 3.295651
LVL 0.675138
LYD 5.300582
MAD 10.823721
MDL 19.477814
MGA 5048.506827
MKD 61.59503
MMK 3625.156875
MNT 3792.620333
MOP 8.960114
MRU 44.359439
MUR 51.009885
MVR 17.144257
MWK 1935.377652
MXN 21.640375
MYR 4.686081
MZN 71.264933
NAD 19.595837
NGN 1829.654745
NIO 41.082446
NOK 11.684111
NPR 149.272891
NZD 1.787314
OMR 0.429665
PAB 1.116263
PEN 4.183924
PGK 4.369343
PHP 62.232796
PKR 310.145369
PLN 4.271489
PYG 8708.599254
QAR 4.069624
RON 4.973049
RSD 117.075377
RUB 103.801751
RWF 1504.749122
SAR 4.188285
SBD 9.271648
SCR 14.515301
SDG 671.353324
SEK 11.353859
SGD 1.440721
SHP 0.850001
SLE 25.500632
SLL 23404.747974
SOS 637.896108
SRD 33.7128
STD 23101.70237
SVC 9.766959
SYP 2804.317907
SZL 19.602851
THB 36.685625
TJS 11.865648
TMT 3.906466
TND 3.3823
TOP 2.614096
TRY 38.067392
TTD 7.592402
TWD 35.774329
TZS 3042.265291
UAH 46.13667
UGX 4135.345428
USD 1.116133
UYU 46.12418
UZS 14204.303188
VEF 4043250.906352
VES 41.114742
VND 27447.387917
VUV 132.509568
WST 3.122341
XAF 656.152842
XAG 0.036026
XAU 0.000425
XCD 3.016405
XDR 0.827247
XOF 656.152842
XPF 119.331742
YER 279.396004
ZAR 19.443089
ZMK 10046.526221
ZMW 29.55182
ZWL 359.394413
  • CMSD

    0.0100

    25.02

    +0.04%

  • JRI

    -0.0800

    13.32

    -0.6%

  • BCC

    -7.1900

    137.5

    -5.23%

  • SCS

    -0.3900

    12.92

    -3.02%

  • NGG

    0.7200

    69.55

    +1.04%

  • BCE

    -0.1500

    35.04

    -0.43%

  • RELX

    -0.1400

    47.99

    -0.29%

  • RBGPF

    58.8300

    58.83

    +100%

  • CMSC

    0.0300

    25.15

    +0.12%

  • GSK

    -0.8200

    40.8

    -2.01%

  • BTI

    -0.1300

    37.44

    -0.35%

  • AZN

    -0.5200

    78.38

    -0.66%

  • VOD

    -0.0500

    10.01

    -0.5%

  • RIO

    -1.6100

    63.57

    -2.53%

  • RYCEF

    0.0200

    6.97

    +0.29%

  • BP

    -0.1200

    32.64

    -0.37%

Pakistan PM's future in doubt as coalition ally switches sides
Pakistan PM's future in doubt as coalition ally switches sides

Pakistan PM's future in doubt as coalition ally switches sides

Pakistan Prime Minister Imran Khan's future looked increasingly in doubt Wednesday after a key coalition partner switched allegiance ahead of a parliamentary no-confidence vote that could be held as early as this weekend.

Text size:

No prime minister in the country's history has seen out a full term, and Khan is facing the biggest challenge to his rule since being elected in 2018, with opponents accusing him of economic mismanagement and foreign-policy bungling.

Debate on the no-confidence motion is due to start Thursday, leaving Khan scrambling to keep his own Pakistan Tehreek-e-Insaf (PTI) members on side -- as well as a slew of minority parties.

On paper the PTI and coalition partners have 176 seats in the 342-member assembly, but on Wednesday the Muttahida Qaumi Movement (MQM-P) said its seven lawmakers would vote with the opposition, which has a combined 163 seats.

More than a dozen PTI lawmakers have also indicated they will cross the floor, although party leaders are trying to get the courts to prevent them from voting.

In the past, Pakistan parties have also resorted to physically preventing lawmakers from voting against key legislation by blocking access to the national assembly, leading to cat-and-mouse chases and even accusations of kidnapping.

Senior MQM-P leader Faisal Subzwari tweeted Wednesday that his party had finalised an agreement with the opposition, led by the Pakistan People Party (PPP) and Pakistan Muslim League (PML-N).

"Details will be formally announced today," he said.

- Feuding dynasties -

The PML-N and PPP dominated national politics for decades until Khan forged a coalition against the usually feuding dynastic groups.

He was elected after promising to sweep away decades of entrenched corruption and cronyism, but has struggled to maintain support with inflation skyrocketing, a feeble rupee and crippling debt.

Some analysts say Khan has also lost the crucial support of the military -- claims both sides deny -- and Pakistan's army is key to political power.

There have been four military coups -- and at least as many unsuccessful ones -- since independence in 1947, and the country has spent more than three decades under army rule.

If Khan loses next week's vote, a new government could be headed by PML-N's Shehbaz Sharif, the brother of former prime minister Nawaz Sharif, who has not returned since being released from jail in 2021 to get medical treatment abroad.

Also given a senior role will likely be the PPP's Bilawal Bhutto Zardari, son of assassinated former prime minister Benazir Bhutto and ex-President Asif Zardari.

One card up Khan's sleeve would be to call an early election -- the next one must be held before October 2023.

"The best option in this situation would have been fresh elections to enable the new government to handle economic, political and external problems faced by the country," said political analyst Talat Masood, a retired general.

"The country is heading towards something unpredictable... where there is going to be a lot of chaos and problems."

Hassan Askari, another political analyst, agreed.

"The long-term political repercussion of the evolving situation will be instability, continued conflict in politics and inability to cope with economic challenges that Pakistan is currently facing," he said.

(K.Lüdke--BBZ)