ISLAMABAD: Finance Minister Ishaq Dar said on Sunday that “friendly countries” were expected to materialize their commitments to Pakistan which would pave the way for Islamabad to finalize its loan revival deal with the International Monetary Fund (IMF), the state-run Associated Press of Pakistan (APP) said in a report.

Earlier this month, Dar told Pakistani parliamentarians that Pakistan’s deal with the IMF is being delayed as the global lender wants assurances and commitments from “friendly countries” to fund its balance of payments gap to materialize.

Though the finance minister did not name the “friendly countries” specifically, it is understood that he was referring to Saudi Arabia, China and the United Arab Emirates (UAE). All three are close allies of Pakistan who have bailed come to its aid whenever Islamabad faces an economic crisis.

Pakistan has been struggling to revive a stalled loan program with the IMF which would unlock a tranche of $1.1 billion, crucial for the country to stave off a balance of payment crisis. The South Asian country’s reserves have dipped to historic lows over the past couple of months, as it desperately seeks external financing to pay off its debts and sustain its economy.

“Addressing as chief guest an Iftar dinner hosted by the Islamabad Chamber of Commerce and Industry (ICCI) in honor of foreign diplomats, Dar said that friendly countries were expected to materialize their commitments with Pakistan that would pave the way to close the deal with the IMF and revive the economy,” the APP said.

The finance minister said Pakistan “would not default,” adding that the government was doing its best to steer the country out of a “difficult situation” to ensure its sustainable growth.

While Pakistan desperately waits for the IMF to revive the stalled loan program, the South Asian country grapples with decades-high inflation and a deepening political crisis. Pakistan’s restrictions on imports — in its bid to prevent the outflow of dollars — have caused banks to delay or deny the opening of Letter of Credits (LCs) for the import of goods.

ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday wrote back to President Arif Alvi, accusing him of harboring a “partisan attitude” toward the coalition government and espousing “one-sided, anti-government views” as political tensions in the South Asian country continue to rise.

Sharif’s letter was in response to Alvi, who had written to the prime minister on Friday to express concern over recent political developments in the country. In his letter, Alvi mentioned the “glaring violation” of the fundamental rights of opposition activists and media personnel to stifle dissenting voices in Pakistan.

The president, a close ally of former prime minister Imran Khan, also mentioned the Election Commission of Pakistan’s (ECP) decision to postpone the Punjab polls from April 30 to October 8 in a recent proclamation while describing it as a “flagrant violation of the Constitution ... by the executive authorities and government departments.”

The correspondence between the president and the prime minister takes place at a time when political tensions are high in the country. Khan alleges his party supporters and aides are being subjected to police brutality, arrests and harassment by the coalition government and Pakistan’s powerful military. The government denies this, and accuses Khan of inciting his supporters to attack law enforcers.

In his response to Alvi, Sharif expressed disappointment at “the blatantly partisan nature” of the president’s letter, adding that it reads like a press release by Khan’s political party. He questioned why the president had not taken notice of the “severe” human rights violations that took place under the previous government spearheaded by Khan.

Sharif pointed out that the constitution does not grant any powers to the president to seek an explanation from the prime minister. “The only reason I am responding to your letter as because I want to bring your partisan attitude and actions on record and to set the record of our Government straight,” he wrote.

Responding to Alvi’s concerns about the ECP’s decision to postpone provincial polls in Punjab to Oct.8, Sharif said the Khyber Pakhtunkhwa and Punjab assemblies were dissolved to “blackmail” the federal government and two provinces to dissolve assemblies and declare elections.

“You have not taken note of the effect of conducting elections to these two provinces prior to the general elections to the National Assembly in as much as, organizing and conducting free and fair elections under clause (3) of Article 218 may not be possible with elected provincial governments in Punjab and Khyber Pakhtunkhwa,” the prime minister wrote.

“This constitutional distortion has completely escaped your attention, which is quite saddening, given the role of the head of the state that the Constitution assigns to the President,” Sharif added.

The prime minister responded to Alvi’s allegation that he had not held meaningful consultations with the president, saying that the constitution allows the president to act on the advice of the prime minister or the federal cabinet.

“In very limited instances, the President acts in his discretion under the Constitution,” Sharif wrote. “Article 46 and Rule 15(5)(6) supra are what they ordain. That is, keep the President informed. Nothing more and nothing less.”