Interior minister asks ex-PM Khan to return to parliament, hold dialogue for early elections

Pakistan Interior Minister Rana Sanaullah (C) speaks during a press conference in Islamabad on May 24, 2022. (Photo courtesy: AFP/File)
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Updated 26 November 2022
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Interior minister asks ex-PM Khan to return to parliament, hold dialogue for early elections

  • Khan has asked his supporters to gather in Rawalpindi today, in a final showdown with government
  • Intelligence agencies have warned of a threat to Khan’s rally in Rawalpindi, interior minister says

ISLAMABAD: Pakistan’s Interior Minister Rana Sanaullah on Friday asked former prime minister Imran Khan to return to parliament and hold a dialogue with the government and its allies for early elections, a day before the ex-premier is scheduled to hold a massive rally in a final showdown with the government.

Ex-PM Khan, who was ousted from power in a parliamentary no-trust vote in April, resigned from his parliamentary membership a day later. His resignation followed mass resignations of members of his Pakistan Tehreek-e-Insaf (PTI) party from parliament.

The former premier has since been agitating against the coalition government of PM Shehbaz Sharif and has held several rallies in a bid to pressure the government into announcing snap polls in the South Asian country, which are scheduled to be held in the latter half of 2023.

In a final showdown with government, Khan has urged his supporters to gather in the garrison city of Rawalpindi today, Saturday, for a massive protest against his ouster, but Sanaullah advised Khan to “act like a politician” in order to achieve his goal, instead of being “obstinate.”

“Don’t be obstinate. If you want a date for the election, then act like a politician, sit with other politicians [and] have a dialogue,” the minister said on Twitter.

He also told Khan that he should not pin his hopes on the country’s army, which even when not in power is the invisible guiding hand of politics in the country, as the army as an institution would not go beyond its constitutional role.

“Come back and become a part of the parliament. Let the political and democratic process go forward.”

Khan says his ouster was part of a United States-backed foreign conspiracy for pursuing an independent foreign policy for Pakistan. Washington and Khan’s opponents have repeatedly denied the allegation.

Late last month, he launched a march toward the Pakistani capital of Islamabad from the eastern city of Lahore, which was ended last week upon reaching Rawat town near the capital.

The former premier has also been increasingly critical of Pakistan’s powerful army and its outgoing chief, General Qamar Javed Bajwa, for not blocking his ouster and maintains he has been protesting for a “free” Pakistani nation.

Sanaullah also asked Khan not to pin his hopes on the country’s establishment, a term that is synonymous to the all-powerful army in Pakistan’s context, and said the army as an institution would neither step back from or go beyond its constitutional role.

Pakistan’s army has ruled the South Asian country for nearly half of its 75-year history, and even when not in power, it is seen as the invisible guiding hand in the country’s politics.

Sanaullah also asked the former prime minister to postpone his anti-government rally in Rawalpindi, saying intelligence agencies had warned that a militant attack could target the gathering.

Prior to that, the provincial government in Punjab, which Rawalpindi is a part of, said it had made arrangements to provide “foolproof” security to Khan and his protest rally.


Pakistan says Panda bond launch to diversify funding, avoid overreliance on dollar

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Pakistan says Panda bond launch to diversify funding, avoid overreliance on dollar

  • Pakistan has said it plans to issue its first-ever yuan-denominated Panda bond in January 2026
  • Pakistan minister identifies agriculture, minerals, AI as key areas to attract Chinese investment

ISLAMABAD: Pakistan’s Finance Minister Muhammad Aurangzeb said on Tuesday that launching its first-ever Panda bond would allow Islamabad to diversify its external financing sources away from overreliance on the US dollar, the Finance Division said. 

Pakistan has said it aims to launch the Panda bond— a yuan-denominated bond issued in China’s domestic market— by January next year. This highlights Pakistan’s efforts to find alternatives to dollar-denominated borrowing as global financial conditions tighten and Islamabad looks to escape a prolonged macroeconomic crisis. 

Panda bonds are renminbi-denominated instruments sold to Chinese investors by foreign governments or companies, offering issuers access to China’s deep domestic capital markets while reducing exposure to foreign-exchange volatility.

“He said the [Panda bond] issuance would allow Pakistan to tap into the second-largest and second-deepest capital market in the world, helping diversify funding sources away from overreliance on the US dollar by complementing existing access to euro and sukuk markets,” the Finance Division said. 

Aurangzeb was speaking to the state-owned China Global Television Network (CGTN), the Finance Division said. 

The finance minister acknowledged Pakistan had “previously underutilized” the opportunity to take advantage of the Panda bond, expressing optimism about investor interest in the Chinese market.

He said Pakistan remains hopeful of launching the bond ahead of the Chinese New Year, calling it a “landmark development” in the country’s external financing strategy. 

In response to a question about Pakistan’s economic priorities, Aurangzeb identified agriculture, minerals and mining, artificial intelligence and digital economy as key areas where Islamabad could attract Chinese investment. 

“He emphasized that beyond capital flows, this phase of cooperation places strong emphasis on knowledge transfer and technical support,” the Finance Division said.