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PTI-led government in Pakistan likely to be stable; infrastructure projects, energy contracts likely to be reviewed
Asad Ali - IHS Jane's Intelligence Weekly
27 July 2018
Key Points
Imran Khan’s Pakistan Tehreek-e-Insaf (Pakistan Movement for Justice: PTI) party is set to form the federal government in Pakistan for the first time after the opposition party secured at least 114 seats in the National Assembly during the 25 July general election.
This leaves the PTI only 23 seats short of an overall majority in the 273-seat upper house of parliament (another 70 seats will be allocated to women and minorities on a proportional representative basis based on the final result). With 10 constituencies yet to be declared, the PTI could close this gap further, increasing the likelihood that Khan will form a coalition government with independent candidates and/or smaller regional parties, such as the Balochistan Awami Party (Balochistan People’s Party: BAP), in the coming days. Moreover, the PTI retained control of the provincial government in Khyber Pakhtunkhwa and could form a ruling coalition in Punjab, the country’s largest and most prosperous province (provincial elections were held concurrently with the general election).
PTI leader and likely prime minister, Imran Khan, addresses the nation from his home in Islamabad after general elections in Pakistan on 26 July. (Anadolu Agency/Contributor/Getty Images: 1005694300)
Conversely, the outgoing ruling party, the Pakistan Muslim League-Nawaz (PML-N), is likely to see its presence in the National Assembly halved to at least 62 seats. As preliminary results following the end of polling on 25 July began to indicate a PTI victory, PML-N president and former Punjab chief minister Shahbaz Sharif rejected the election’s outcome, claiming that delays in announcing the official result were being caused by vote manipulation.
PTI-led government in Pakistan likely to be stable; infrastructure projects, energy contracts likely to be reviewed
Asad Ali - IHS Jane's Intelligence Weekly
27 July 2018
Key Points
- IHS Markit expects a smooth transition of power to the PTI and its eventual coalition, with a federal cabinet being formed in August 2018.
- A PTI-led government’s policy platform is likely to centre on governance reforms, countering corruption (particularly at the local level), and the development of healthcare and education services across the country.
- A more immediate priority for the new PTI-led government will be to secure external financing to rectify Pakistan’s rapidly intensifying balance-of-payment pressures and increasing foreign debt; contract reviews in the energy and infrastructure sectors are likely, as is another International Monetary Fund loan in late 2018, according to IHS Markit economics.
Imran Khan’s Pakistan Tehreek-e-Insaf (Pakistan Movement for Justice: PTI) party is set to form the federal government in Pakistan for the first time after the opposition party secured at least 114 seats in the National Assembly during the 25 July general election.
This leaves the PTI only 23 seats short of an overall majority in the 273-seat upper house of parliament (another 70 seats will be allocated to women and minorities on a proportional representative basis based on the final result). With 10 constituencies yet to be declared, the PTI could close this gap further, increasing the likelihood that Khan will form a coalition government with independent candidates and/or smaller regional parties, such as the Balochistan Awami Party (Balochistan People’s Party: BAP), in the coming days. Moreover, the PTI retained control of the provincial government in Khyber Pakhtunkhwa and could form a ruling coalition in Punjab, the country’s largest and most prosperous province (provincial elections were held concurrently with the general election).
PTI leader and likely prime minister, Imran Khan, addresses the nation from his home in Islamabad after general elections in Pakistan on 26 July. (Anadolu Agency/Contributor/Getty Images: 1005694300)
Conversely, the outgoing ruling party, the Pakistan Muslim League-Nawaz (PML-N), is likely to see its presence in the National Assembly halved to at least 62 seats. As preliminary results following the end of polling on 25 July began to indicate a PTI victory, PML-N president and former Punjab chief minister Shahbaz Sharif rejected the election’s outcome, claiming that delays in announcing the official result were being caused by vote manipulation.