February, 23, 2024
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Caretaker PM Kakar: Elections, Economy, and Saudi Investment

Caretaker PM Kakar: Elections, Economy, and Saudi Investment

Infostani International: Caretaker Prime Minister Anwaarul Haq Kakar emphasized equal opportunities for all parties in the upcoming elections, prioritizing a level playing field and support for the Election Commission. He discussed the aftermath of the vote of no-confidence, the May 9 incidents, and economic challenges. Kakar welcomed Saudi Arabia’s Al-Jomaih Group to invest in Pakistan’s alternative energy sector, underscoring robust bilateral ties.


Key Developments and Initiatives Discussed by Caretaker Prime Minister Anwaarul Haq Kakar: Elections, Economic Challenges, and Investments in the Alternative Energy Sector

On Thursday, Caretaker Prime Minister Anwaarul Haq Kakar emphasized that all political parties had an equal opportunity to participate in the elections, providing millions of voters the freedom to elect their representatives. In interviews with private news channels, he underscored that ensuring peaceful elections was the top priority of the caretaker government, assuring full support for the Election Commission.

Dismissing the idea of imposing a ban on social media or the internet during elections, Kakar highlighted that the previous National Assembly exercised its constitutional right to remove the Pakistan Tehreek-e-Insaf (PTI) government through a vote of no-confidence. Reflecting on the PTI government’s tenure, he noted the nation’s economic challenges and strained relations with other countries.

Welcoming the Supreme Court’s decision on PTI’s intra-party elections, Kakar addressed the May 9 incidents, stating that some individuals involved would face trial in civil courts, while others would be tried in military courts. He confirmed that investigations into the May 9 incidents were largely completed, with culprits expected to receive sentences in the coming months.

Caretaker PM Kakar: Elections, Economy, and Saudi Investment
PM Kakar urges Jomaih Group to invest in the alternative energy sector

Prime Minister Kakar Promotes Energy Investment and Collaboration in Meeting with Al-Jomaih Group Delegation

Acknowledging Pakistan’s need for International Monetary Fund (IMF) assistance in the coming years, Kakar urged the Al-Jomaih Group of Saudi Arabia to invest in Pakistan’s alternative energy sector during a meeting with a delegation led by Sheikh Abdulaziz Hammad. Emphasizing the strong brotherly ties between Pakistan and Saudi Arabia, he appreciated the Al-Jomaih Group’s significant investment in K-Electric.

Highlighting K-Electric’s strategy to invest in the alternative energy sector, Kakar expressed optimism that this would contribute to reducing power tariffs for consumers. He also hoped for further improvements in K-Electric’s infrastructure to ensure uninterrupted power supply. The Al-Jomaih Group, in turn, thanked the prime minister and the government team for resolving longstanding issues and provided details about their 1,500-megawatt projects utilizing local resources and alternative energy. The meeting, attended by Federal Finance Minister Dr Shamshad Akhtar, Energy Minister Muhammad Ali, and relevant senior officers, focused on strengthening ties and collaboration.