The coalition government has decided to take tough decisions to revive the economy and complete its constitutional term, sources told Geo News.
The important decision was taken after consultations among the heads of the coalition parties last night amid pressure from the PTI to announce early elections.
On Sunday, Imran Khan announced that he is coming to Islamabad on May 25 to seek an election date and dissolution of the National Assembly and gave a message to the country’s military and asked it to adhere to its promise of “neutrality.”
The government, which took charge last month after ousting Imran Khan through a no-confidence motion, was in a fix amid a worsening economic situation due to rising fears that the country might go bankrupt if the $6 billion loan program of the International Monetary Fund (IMF) is not revived immediately.
The Fund has demanded the government remove subsidies on petroleum products which are likely to increase inflation and the ruling parties were having parleys on the matter because it has a high political cost.
In this regard, the Shahbaz Sharif government has stated that it needs support from “all sides” to take tough decisions to revive the economy. The federal capital is rife with rumors that in case the required support was not assured in a couple of days, the NA may be dissolved, and snap elections will be announced.
In the first round of talks held last week, PPP supremo Asif Zardari met PDM chief Maulana Fazlur Rehman, PML-Q President Chaudhry Shujaat, and Prime Minister Shahbaz Sharif and other PML-N ministers.
The participants appreciated the incumbent government’s steps for the people’s welfare and expressed their complete confidence in the leadership of the prime minister.
The political leaders also vowed to rectify the country’s economy through mutual cooperation.