Ex-PM Khan forms committee to hold dialogue on Pakistan’s ‘political crisis’

In this picture, shared by Pakistan Tehreek-e-Insaf party on January 15, 2023, former Pakistan prime minister Imran Khan (center) chairs a party meeting at his residence in Lahore. (Photo courtesy: Facebook/ImranKhanOfficial)
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Updated 16 April 2023
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Ex-PM Khan forms committee to hold dialogue on Pakistan’s ‘political crisis’

  • Three-member committee to hold dialogue with Pakistan’s right-wing Jamaat-e-Islami political party
  • Pervaiz Khattak, Ejaz Chaudhry and Mian Mehmood-ur-Rasheed named in three-member committee

ISLAMABAD: Former prime minister Imran Khan on Sunday nominated a three-member committee from his Pakistan Tehreek-e-Insaf (PTI) party to hold a dialogue with the right-wing Jamaat-e-Islami (JI) on the country’s “ongoing political crisis,” the PTI said.

The development follows a day after Khan held a meeting with a JI delegation led by its leader Siraj-ul-Haq, who had separately met Prime Minister Shehbaz Sharif to find a solution to Pakistan’s worsening political crisis.

The South Asian country has been racked with political instability after Khan was ousted from office via a parliamentary vote in April last year. The former premier has since then been demanding protesting for snap elections, a demand PM Sharif and his ruling coalition government have categorically rejected.

To pressure the government into announcing early elections, Khan’s PTI and its ally dissolved the Punjab and Khyber Pakhtunkhwa (KP) provincial assemblies in January. However, the government has refused to budge from its stated position to hold polling for national and provincial assemblies as per schedule later this year, on the same day.

“On the instructions of Mr. Imran Khan Chairman Pakistan Tehreek-e-Insaf, a committee is being notified to hold a dialogue with Jamat-e-Islami on the ongoing political crisis in the country,” a notification released by the PTI read.

Former Defense Minister Pervaiz Khattak, PTI senator Ejaz Chaudhry and another member of the party, Mian Mehmood-ur-Rasheed, were included in the committee.

The current political situation in the country has also created a rift between the government and Pakistan’s superior judiciary. Earlier this month, the Supreme Court took up the matter on delaying elections in Punjab and KP and directed Pakistan’s central bank to release Rs21 billion in funds to the election commission to conduct the polls.

The coalition administration has openly accused the apex court of playing a “leading role” in politics while asking it not to “trespass” on parliament’s territory.

The JI’s initiative is not the only one to bring the top PTI leadership to the negotiating table with the government amid a highly polarized political environment. Last month, a delegation of civil society organizations also held meetings with the two sides while trying to convince them to call an all-parties conference to iron out their differences.


Pakistan stock market crosses record 174,000 points during intraday trading

Updated 29 December 2025
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Pakistan stock market crosses record 174,000 points during intraday trading

  • Pakistan Finance Adviser Khurram Schehzad says stock market’s equity investor base has increased by over 120,000 in last 18 months
  • Official says stock market’s record levels reflect growing investor confidence supported by continued macro stability and key reforms

ISLAMABAD: The Pakistan Stock Exchange (PSX) crossed a record 174,000 points on Monday, Finance Adviser Khurram Schehzad said, marking a strong start to the business week. 

According to the data available on the PSX’s official website, the KSE-100 benchmark reported 174,411.72 points during the intraday trading on Monday morning. 

“Another milestone for Pakistan’s equity market,” Schehzad wrote on social media platform X. “The KSE-100 Index has crossed 174,400 points, marking yet another record high.”

Pointing out the stock market’s achievements this year, Schehzad said the PSX has delivered 50 percent plus returns in US dollar terms to investors since January this year, “making it one of the best markets in Asia.”

He noted that investors’ participation in the PSX is rising fast, adding that the equity investor base has increased by over 120,000 to cross the 450,000 figure in the last 18 months, marking a 37 percent increase. 

“These record levels reflect growing investor confidence, supported by continued macro stability, key reforms, and improving prospects for more sustainable, higher future growth,” he said. 

Pakistan’s stocks have surged in recent years, marking a strong performance this year as Islamabad moves to consolidate its financial recovery after years of economic turbulence, which saw it on the verge of a sovereign default in June 2023. 

Pakistan’s foreign exchange reserves have surged past the $21 billion mark, as per the central bank’s latest data. 

In recent years, the South Asian country has also implemented tough structural reforms under the International Monetary Fund (IMF) loan programs, aimed at reducing fiscal deficits and restoring investor confidence.