Pakistan PM says army chief’s collaboration with government ‘role model’ for the future

In this handout picture, taken and released by Inter Services Public Relations (ISPR) on March 15, 2024, shows Pakistan’s Prime Minister Shehbaz Sharif (left) and Army Chief General Asim Munir salute after laying a wreath at Yadgar-e-Shuhada in Rawalpindi. (ISPR/File)
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Updated 08 August 2024
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Pakistan PM says army chief’s collaboration with government ‘role model’ for the future

  • Army has historically wielded extraordinary influence in politics, economy and national security even during civilian rule
  • Military says no longer interferes in politics but has come under criticism for its treatment of Imran Khan and his party

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday publicly praised Army Chief General Asim Munir, saying his collaboration with the government “in the best interests of Pakistan” should serve as a “role model” for future administrations. 

Pakistan has a history of coups and extended periods of direct military rule, with the army wielding extraordinary influence in the domains of politics, economy and national security even with civilian governments in office. However, in recent years, the army’s role has come under unprecedented criticism, especially as it has been seen as working to vanquish the popular former prime minister Imran Khan and his Pakistan Tehreek-e-Insaf party. The military says it no longer interferes in political affairs. 

During this year’s February 8 general election, independent analysts and critics of the military said it backed the election commission in denying a level-playing field to the PTI, whose candidates still ended up winning the most number of seats but did not have the numbers to form government, which was made by a fragile coalition of parties led by Prime Minister Shehbaz Sharif. 

The Sharif administration is widely seen as lacking mass public support and considered close to the currently military set-up.

“There may be examples in the past but what I have seen is that the army chief’s collaboration with the government, in the best interests of Pakistan, is worth watching,” Sharif said as he addressed a ceremony in Islamabad on Thursday. 

“I have not witnessed such strong cooperation between the government and constitutional institutions during my entire 40-year political career. The existing relationship between General Munir and the political government should serve as a role model for the future.”

Sharif’s closeness to the military is not new in Pakistani politics. Khan too was also widely believed to have been brought to power in 2018 with the backing of the army, but fell out with top generals and by April 2022 was ousted from the PM’s office in a parliamentary vote of no-confidence. He has since led a defiant campaign against the army, which he accuses of working with his political rivals to unseat him. Both deny the charge. 

Tensions between Khan and the army reached a crescendo on May 9 last year when alleged supporters of the PTI attacked and damaged government and military installations. Hundreds of PTI supporters and leaders were arrested following the riots and some continue to remain behind bars as they await trial. The army has also initiated military court trials of at least 103 people accused of involvement in the violence. Many close Khan aides have since deserted him, due to what is widely believed to be pressure from the army, which denies the charge.

Khan has been in jail since last August, though all four convictions handed down to him ahead of a parliamentary election in February have either been suspended or overturned. Khan says all legal cases against him are politically motivated. 

Last week, Khan offered to hold “conditional negotiations” with the South Asian nation’s military — if “clean and transparent” elections were held and “bogus” cases against his supporters were dropped. 

“We prefer negotiations with the real decision-makers, the military leadership, instead of this puppet government,” Khan said in a statement from prison shared with the media by the PTI.


Pakistan stocks recover as oil supply fears ease after Islamabad seeks Red Sea route— analyst

Updated 05 March 2026
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Pakistan stocks recover as oil supply fears ease after Islamabad seeks Red Sea route— analyst

  • Pakistan has sought Saudi help to secure oil supplies via Red Sea port after Iran’s closure of Strait if Hormuz
  • Analyst says higher crude oil prices, expectations of IMF releasing next loan tranche also triggered bullish activity

ISLAMABAD: Pakistani stocks marked a sharp recovery when trading closed on Thursday, as institutional activity increased following Islamabad’s move to seek crude oil supplies through the Red Sea port eased oil supply fears, a financial analyst said. 

Pakistani stocks have recorded a sharp decline this week, with the benchmark KSE-100 index recording its largest-ever single-day decline on Monday when it plunged 16,089 points. Escalating conflict in the Middle East triggered panic selling at the Pakistani bourse, forcing a temporary trading halt on Monday. 

The KSE-100 index, however, gained 3.49 percent or 5,433.46 points to close at 161,210.67 when trading ended on Thursday, up from the previous close of 155,777.21 points, according to Pakistan Stock Exchange’s (PSX) data.

Pakistan’s Petroleum Minister Ali Pervaiz Malik met Saudi Ambassador Nawaf bin Said Al-Malki on Wednesday to discuss Iran’s closure of the key Strait of Hormuz, which has threatened Pakistan’s energy supply. Roughly 20 percent of the global oil and gas supply passes through the route. Saudi Arabia indicated it could facilitate shipments through the Red Sea port of Yanbu, offering an alternative route if Gulf shipping lanes remain disrupted, the petroleum ministry said on Wednesday. 

“Stocks staged a sharp recovery at PSX amid institutional activity on easing fuel supply fears after KSA [Kingdom of Saudi Arabia] commits oil supplies through the Red Sea port,” Ahsan Mehanti, chief executive officer at Arif Habib Commodities, told Arab News.

He said higher global crude oil prices and expectations of the International Monetary Fund releasing its next tranche of the $7 billion loan for Pakistan also helped bullish activity at the PSX.

An IMF mission was in Pakistan to hold talks on the third review of a $7 billion Extended Fund Facility multi-year program, and for the second review of the $1.4 billion Resilience and Sustainability Facility this week.

However, the delegation left for Türkiye amid tensions in the Gulf. Pakistani officials have said talks are likely to continue virtually in the coming days. 

Pakistani brokerage Topline Securities said in its daily market review report that strong institutional buying “turned the tide” on Thursday after the market’s recent overreaction to regional issues.

The report added that Hub Power Company (HUBC), Oil & Gas Development Company (OGDC), Fauji Fertilizer Company (FFC), Engro Corporation (ENGROH), and Meezan Bank Limited (MEBL) collectively contributed 2,197 points to the KSE benchmark’s gain.

Topline Securities said 723 million shares were traded on Thursday, with K-Electric Limited (KEL) stealing the spotlight as more than 1.17 billion shares changed hands.

Pakistani investors are closely monitoring developments in the Gulf, particularly around energy routes and further retaliatory actions, as the conflict’s trajectory remains uncertain.