Ex-PM Khan party to hold ‘martyrs’ day’ gathering in Peshawar today

Members of jailed former prime minister Imran Khan's Pakistan Tehreek-e-Insaf (PTI) party walk beside a truck with his banner, as they head for a rally demanding his release, in Peshawar on November 24, 2024. (AFP/File)
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Updated 15 December 2024
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Ex-PM Khan party to hold ‘martyrs’ day’ gathering in Peshawar today

  • The PTI party says at least 12 of its supporters were killed in a crackdown on their protest in Islamabad last month
  • The government denies the claim and accuses the PTI of running a ‘malicious campaign’ against the state, security forces

ISLAMABAD: Jailed former prime minister Imran Khan’s party will hold a public gathering in Peshawar today, Sunday, to honor those who allegedly died during last month’s protest in the Pakistani capital of Islamabad, party leaders said.

Khan’s Pakistan Tehreek-e-Insaf (PTI) party on Nov. 24 led thousands of supporters to Islamabad, seeking to pressure the government to release the ex-premier from jail and order an audit of Feb. 8 national election results. The protests resulted in clashes that Pakistan’s government says killed four law enforcers and injured hundreds of others.

The PTI says at least 12 of its supporters were killed and another 37 sustained gunshot injuries due to firing by law enforcers near Islamabad’s Jinnah Avenue on Nov. 26, while 139 of its supporters were still “missing.” Pakistani authorities have denied the deaths, saying security personnel had not been carrying live ammunition during the protest.

In a video message on Saturday, Qasim Suri, former deputy speaker of Pakistan’s National Assembly from the PTI, said Khan had instructed Pakistanis to observe Sunday as the “martyrs’ day” to honor the ones who died during the Islamabad protest, urging Pakistanis in the country and abroad to observe the day in their respective areas.

“The blood of those martyrs will never go in vain,” Suri said. “Hundreds of our supporters are still missing. Our mothers, sisters, our families are worried [about them].”

The development comes two days after the PTI filed a petition in an Islamabad court against Prime Minister Shehbaz Sharif, Interior Minister Mohsin Naqvi and other officials over “firing” on its supporters during last month’s protest.

The government has accused the PTI of waging a “propaganda” regarding the Islamabad protest, following statements by several PTI members that gave varied accounts of casualties.

It formed two task forces in the aftermath of the Islamabad protest: one to identify and take legal action against rioters and another to track and bring to justice suspects behind what the government described as a “malicious campaign” to spread “concocted, baseless and inciting” online news, images and video content against the state and security forces.

The PTI has staged several protests this year to demand the release of Khan and to challenge results of the Feb. 8 national election, which it says were manipulated to favor its opponents. The Pakistani government and election authorities deny this.

Last month’s protests were by far the largest to grip the capital since the poll, while Khan, who remains a popular figure in Pakistan despite being in prison and facing several court cases, has also threatened to launch a civil disobedience movement.


Pakistan cuts key rate by 50 bps to 10.5% in surprise move after holding for four meetings

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Pakistan cuts key rate by 50 bps to 10.5% in surprise move after holding for four meetings

  • An IMF staff report last week warned against premature easing, with analysts expecting SBP to hold the policy rate
  • Inflation remains within the bank’s target band, but analysts expect price pressures to rise later in the fiscal year

KARACHI: Pakistan’s central bank cut its key interest rate by 50 basis points to 10.5 percent on Monday, the bank said on its website, breaking a hold on the rate for four meetings in a move that surprised analysts and came despite IMF warnings to avoid premature easing.

All 12 analysts in a Reuters poll had expected the State Bank of Pakistan (SBP) to hold the policy rate at 11 percent.

Monday’s reduction takes the total easing since rates peaked at 22 percent to 1,150 basis points, after the SBP delivered 1,100 bps of cuts between June 2024 and May 2025 and then held the rate steady for four meetings before Monday’s move.

Inflation edged down to 6.1 percent in November from 6.2 percent in October, within the SBP’s 5 percent–7 percent target band, with analysts expecting it to rise again later in FY26 as base effects fade and food and transport prices stay volatile.

An IMF staff report last week warned against premature easing, calling for policy to remain data-dependent to anchor expectations and rebuild external buffers, even as Pakistan received a $1.2 billion disbursement under its loan program.