‘Buy time’: PM advised to renegotiate with IMF, friends

ISLAMABAD: Prime Minister Shehbaz Sharif was advised by his coalition partners not to take a hasty decision on the subsidies on petroleum prices and rather wait and buy time until the conclusion of the visit to the US of Foreign Minister Bilawal Bhutto-Zardari and spy chief Lt. Gen. Nadeem Anjum as the two visits may help Pakistan make gains on political and economic fronts.

Sharif started a consultation process with the leaders of the allied parties to help develop a strategy on the compelling requirement to either withdraw subsidies on petroleum products and other edible items or go for snap polls.

Sources in the ruling coalition told Pakistan Today that the consultation process had been launched in view of the decisions made by the ruling party’s top leadership meeting held at London and chaired by the party chief Nawaz Sharif.

Sharif also held talks with PPP supremo Asif Zardari and discussed the way forward keeping in view the rising inflation and the possible measures to tackle the challenges on political and economic front.

The sources quoted Mr Zardari as telling the premier not to worry and wait till the completion of the US visit by foreign minister Bilawal Zardari and Director-General of the ISI Lt. Gen Nadeem Anjum who is on a US visit these days.

The sources said that Mr Zardari also urged Premier Sharif to hold fresh talks with the friendly countries, especially China, and try and secure a relief package which would help the new government respite in dealing with the issues at hand.

The sources said that Sharif met with MQM-P convener Dr Khalid Maqbool Siddiqui who told the premier not to take the burden of withdrawing subsidies and rather prepare for polls after necessary electoral and other reforms.

MQM leader Haider Abbas Rizvi said that Siddiqui told the premier that MQM was ready for polls but after census and necessary reforms as per the promises made with the allied party. He said the MQM was not in favour of a blanket subsidy for necessary subsidy must be given to help the poor make ends meet.

However, a ruling party source said that the MQM had advised the premier not to go for snap polls as the PTI fever would defeat the ruling coalition.

Meanwhile, JUI-F chief Maulana Fazl ur-Rehman also met with the premier and advised him not to go for early polls. Fazl told the premier to hold fresh talks with the IMF and try to earn some breathing space so as the rising popularity of Imran Khan could be tackled.

Mian Abrar
Mian Abrar
The writer heads Pakistan Today's Islamabad Bureau. He has a special focus on counter-terrorism and inter-state relations in Asia, Asia Pacific and South East Asia regions. He tweets as @mian_abrar and also can be reached at [email protected]

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