How Many Leaders Ready To Join Istihkam-e-Pakistan ? | Aun Ch Shocking Revelations | Dunya News

#kamrankhan #imf #Istihkam-e-Pakistan Party

Former Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Tareen has officially launched his political party called the Istihkam-e-Pakistan Party.

“We are laying a foundation of a new political party — Istihkam-e-Pakistan Party,” announced Tareen at a press conference flanked by former PTI leaders including Aleem Khan, Imran Ismail and others on Thursday.

Tareen, who is a former close aide of PTI Chairman Imran Khan and played a major in the formation of the PTI –led government in 2018, said that he joined politics to play his role for the betterment of the country.

Islamabad hosted the IMF mission in February to negotiate a series of fiscal policy measures to clear the 9th review.

Pakistan had to complete a series of prior actions demanded by the IMF, which included reversing subsidies, a hike in energy and fuel prices, jacking up its key policy rate, a market-based exchange rate, arranging for external financing and raising over 170 billion rupees ($613 million) in new taxation.

The fiscal adjustments have already fuelled Pakistan's highest ever inflation, which hit 36.5% year-on-year in April.

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Reporting by Asif Shahzad; Editing by Alexander Smith
Our Standards: The Thomson Reuters Trust Principles.

Asif Shahzad
Thomson Reuters

Shahzad is an accomplished media professional, with over two decades of experience. He primarily reports out of Pakistan, Afghanistan regions, with a great interest and an extensive knowledge of Asia. He also reports on politics, economy, finance, business, commodities, Islamist militancy, human rights

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