AGL 38.31 Decreased By ▼ -0.39 (-1.01%)
AIRLINK 138.48 Increased By ▲ 0.60 (0.44%)
BOP 5.42 Decreased By ▼ -0.01 (-0.18%)
CNERGY 3.79 Increased By ▲ 0.01 (0.26%)
DCL 7.90 Increased By ▲ 0.16 (2.07%)
DFML 45.94 Increased By ▲ 0.32 (0.7%)
DGKC 81.50 Increased By ▲ 1.00 (1.24%)
FCCL 29.65 Increased By ▲ 0.10 (0.34%)
FFBL 56.16 Increased By ▲ 0.36 (0.65%)
FFL 9.23 Increased By ▲ 0.14 (1.54%)
HUBC 106.80 Increased By ▲ 1.20 (1.14%)
HUMNL 14.45 Increased By ▲ 0.40 (2.85%)
KEL 4.51 Increased By ▲ 0.21 (4.88%)
KOSM 8.03 Decreased By ▼ -0.20 (-2.43%)
MLCF 38.07 Increased By ▲ 0.09 (0.24%)
NBP 68.93 Decreased By ▼ -0.30 (-0.43%)
OGDC 167.80 Increased By ▲ 0.80 (0.48%)
PAEL 25.72 Increased By ▲ 0.52 (2.06%)
PIBTL 6.10 Decreased By ▼ -0.68 (-10.03%)
PPL 131.15 Increased By ▲ 0.80 (0.61%)
PRL 23.81 Increased By ▲ 0.05 (0.21%)
PTC 15.80 Increased By ▲ 0.10 (0.64%)
SEARL 64.75 Increased By ▲ 3.27 (5.32%)
TELE 6.99 Decreased By ▼ -0.05 (-0.71%)
TOMCL 36.36 Increased By ▲ 0.26 (0.72%)
TPLP 7.90 Increased By ▲ 0.09 (1.15%)
TREET 15.05 Decreased By ▼ -0.10 (-0.66%)
TRG 45.09 Increased By ▲ 0.20 (0.45%)
UNITY 25.62 Increased By ▲ 0.11 (0.43%)
WTL 1.26 Decreased By ▼ -0.01 (-0.79%)
BR100 9,275 Increased By 51.8 (0.56%)
BR30 28,010 Increased By 243.9 (0.88%)
KSE100 86,877 Increased By 410.7 (0.47%)
KSE30 27,286 Increased By 122.8 (0.45%)

The resignations of Muttahida Qaumi Movement (MQM) ministers and advisers from the Sindh government have created ripples among the diplomatic corps in Karachi as they were seen making queries on Friday from newsmen about the future and stability of the coalition governments in the province and at the Centre.
Ministers, advisers and special assistants in the Sindh coalition government on Thursday submitted their resignations to the MQM Rabita committee as protest against their "principled disagreement" with Sindh Chief Minister Dr Arbab Ghulam Rahim on a number of public interest issues.
Though President Pervez Musharraf is reported to have intervened in the matter and indications are of an amicable settlement between the fighting parties, the diplomats based in Karachi expressed their concern over their investments and future investment plans. Many of the companies involved in development projects and whose interests are being protected at the diplomatic levels wanted to know how much time would it take to resolve differences between the groups. Talking to Business Recorder, a diplomat said that the worsening situation would slow down ongoing development work.
Those companies, which are involved in developing infrastructure in the country, were seen worried about the time that might be needed to settle issues. They said that the worsening of the situation was likely to create law and order situation, and referred to killings of foreigners at different places in Pakistan.
Political circles take the entire situation as political manoeuvring to bargain on issues that are other than those discussed at the press conference at Nine Zero.
There is another group that thinks that the President should look into employment problems as educated jobless people were facing difficulties. "The ministers and advisers have rightly protested on the delays in the disposals of summaries put up by the MQM ministers and advisers." They said that the Chief Minister should realise the situation and yield a little bit to accommodate his coalition partners.
The sources, close to the Chief Minister House, said that the situation was not as bad as had been conveyed to people. There was an element of exaggeration in the move and should be corrected, they added. They said that the Chief Minister was always available for discussion and open to suggestions for the betterment of those to whom he had to serve along with his coalition partners.

Copyright Business Recorder, 2006

Comments

Comments are closed.