AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 127.04 No Change ▼ 0.00 (0%)
BOP 6.67 No Change ▼ 0.00 (0%)
CNERGY 4.51 No Change ▼ 0.00 (0%)
DCL 8.55 No Change ▼ 0.00 (0%)
DFML 41.44 No Change ▼ 0.00 (0%)
DGKC 86.85 No Change ▼ 0.00 (0%)
FCCL 32.28 No Change ▼ 0.00 (0%)
FFBL 64.80 No Change ▼ 0.00 (0%)
FFL 10.25 No Change ▼ 0.00 (0%)
HUBC 109.57 No Change ▼ 0.00 (0%)
HUMNL 14.68 No Change ▼ 0.00 (0%)
KEL 5.05 No Change ▼ 0.00 (0%)
KOSM 7.46 No Change ▼ 0.00 (0%)
MLCF 41.38 No Change ▼ 0.00 (0%)
NBP 60.41 No Change ▼ 0.00 (0%)
OGDC 190.10 No Change ▼ 0.00 (0%)
PAEL 27.83 No Change ▼ 0.00 (0%)
PIBTL 7.83 No Change ▼ 0.00 (0%)
PPL 150.06 No Change ▼ 0.00 (0%)
PRL 26.88 No Change ▼ 0.00 (0%)
PTC 16.07 No Change ▼ 0.00 (0%)
SEARL 86.00 No Change ▼ 0.00 (0%)
TELE 7.71 No Change ▼ 0.00 (0%)
TOMCL 35.41 No Change ▼ 0.00 (0%)
TPLP 8.12 No Change ▼ 0.00 (0%)
TREET 16.41 No Change ▼ 0.00 (0%)
TRG 53.29 No Change ▼ 0.00 (0%)
UNITY 26.16 No Change ▼ 0.00 (0%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 10,010 Increased By 126.5 (1.28%)
BR30 31,023 Increased By 422.5 (1.38%)
KSE100 94,192 Increased By 836.5 (0.9%)
KSE30 29,201 Increased By 270.2 (0.93%)

The brother of ousted leader Nawaz Sharif will not contest a National Assembly by-election for the vacant seat, party sources said on Tuesday, effectively scuttling previous plans for him to take over as prime minister in September. Sharif, 68, was disqualified by the Supreme Court last month but kept his grip on the ruling Pakistan Muslim League-Nawaz (PML-N) party and outlined plans for Shahid Khaqan Abbasi to act as interim prime minister until his brother, Shahbaz, becomes eligible to take over by winning the by-election.
But Sharif and PML-N leadership have decided that Shahbaz should continue in his role as chief minister of the politically vital Punjab province that accounts for more than half of Pakistan's 190 million people. "Shahbaz will definitely not contest for NA 120," said one of Shahbaz's aides in Lahore, referring to the National Assembly seat left vacant by Nawaz. A senior PML-N figure in Lahore confirmed that the chief minister would not be contesting the seat, a move likely to leave Abbasi in charge until the next general elections, likely in mid-2018.
PML-N officials say the main reason why Shahbaz may not take over is linked to the general elections and the party's fears that its grip on the vital Punjab province will weaken if he steps down as chief minister.
The way Pakistan's political system is set up means any party that sweeps Punjab will most likely go on to form a government after the 2018 poll.

Comments

Comments are closed.