Caretaker PM Kakar Disapproves of PTI’s IMF Letter

Caretaker PM Kakar Disapproves of PTI’s IMF Letter

Islamabad, February 28, 2024 – In a televised appearance on Wednesday, Caretaker Prime Minister Anwaar-ul-Haq Kakar expressed strong disapproval of the Pakistan Tehreek-e-Insaf (PTI) leadership’s recent political move – writing a letter to the International Monetary Fund (IMF).

Terming it as ‘highly irresponsible,’ PM Kakar criticized the timing of the letter, highlighting the caretaker government’s significant efforts towards economic revival with positive indicators and meeting various financial targets.

During a talk show on a private TV channel, PM Kakar emphasized that negotiations with the IMF were underway for a crucial $6 billion agreement vital for the country’s economic health. Additionally, he noted that various multilateral agreements were contingent on the outcome of these negotiations. PM Kakar asserted that there are appropriate forums for addressing electoral disputes, and the PTI’s decision to write a letter to the IMF was unjustified and displayed a high level of irresponsibility.

While acknowledging that, in tangible terms, the letter may have no immediate effects, PM Kakar warned of potential political costs for the PTI, a party with a strong narrative on economic matters. He stressed the need for parties to address such issues through established domestic channels, especially during a caretaker government’s tenure, when focus should be on ensuring a smooth transition to the next elected government.

Responding to a question about his appearance before the Islamabad High Court (IHC) in the Baloch missing persons’ case, PM Kakar stated that he wanted to showcase that the interim setup was functioning under a constitutional order. He emphasized the importance of respecting court orders, explaining that his appearance before the IHC was aimed at reiterating the caretaker government’s commitment to upholding constitutional principles and setting a precedent for future administrations.

As Pakistan navigates its political landscape during this transitional period, the disapproval voiced by PM Kakar reflects concerns about maintaining stability and adherence to established democratic norms. The ongoing negotiations with the IMF remain crucial for the economic trajectory of the country, and the caretaker government is determined to ensure that political maneuvers do not jeopardize these delicate processes.