Maryam Nawaz Sharif makes history after getting elected as Pakistan’s first woman chief minister

Maryam Nawaz, newly elected chief minister of a Pakistani province, Punjab, arrives to attend provincial assembly session, in Lahore, Pakistan, on Feb. 26, 2024. (AP)
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Updated 26 February 2024
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Maryam Nawaz Sharif makes history after getting elected as Pakistan’s first woman chief minister

  • Maryam Nawaz Sharif secures 220 votes as opposition boycotts voting altogether in protest 
  • Chief minister of Punjab’s post is arguably second-most important political appointment in Pakistan

ISLAMABAD: Maryam Nawaz Sharif, the daughter of three-time former prime minister Nawaz Sharif, made history on Monday after she was elected as the first woman chief minister of a Pakistani province, Punjab, the country’s most prosperous, populous and politically important region.

The Punjab Assembly’s session, which kicked off at 11:00 a.m. local time, was marred by protests by legislators of the Sunni Ittehad Council, which features members of former prime minister Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) party. SIC legislators had walked out earlier during the day after the party’s nominee for chief minister, Rana Aftab Ahmad Khan, was not allowed to speak by the speaker. 

After the counting of votes concluded, Punjab Assembly Speaker Malik Muhammad Ahmad Khan announced that Maryam had polled 220 votes while Aftab did not secure a single vote, as SIC legislators boycotted voting altogether. 

“As per the rules of procedure of the provincial assembly of Punjab, Maryam Nawaz Sharif has been declared as the elected chief minister of Punjab,” the speaker said to thunderous applause from the Pakistan Muslim League-Nawaz (PML-N) legislators. 

In her first speech as Punjab’s chief minister, Maryam said she was the chief executive for all legislators of the assembly, including those that hadn’t voted for her. 

“I have faced numerous hardships, including incarceration in a death cell, but I am grateful to my opponents for providing me with rigorous training to become what I am today,” she said. 

“There will be no vendetta against anyone.”

Outlining her agenda for Punjab, Maryam said she would implement her plan to improve people’s lives from her first day in office. 

“Provision of jobs, improving health facilities, and solving public issues will start from today, right after this session,” she said. 

Maryam assured the assembly that she harbored “zero tolerance” for corruption, vowing to implement an effective governance model that sees the timely completion of projects and delivery of exemplary services to the masses. 

Maryam said she would upgrade the province’s basic health units and ensure that every district in Punjab was equipped with a state-of-the-art hospital.

“Medicines will be provided in emergency wards of all government hospital across Punjab,” she said, announcing that her government would launch Pakistan’s first air ambulance service in the province within a few days.

In the Feb. 8 national election, three-time former prime minister Nawaz Sharif’s PML-N won the highest 137 seats in Punjab. The PML-N has been joined by nearly two dozen independent members after the national polls. 

The Punjab Assembly is the largest elected house in the country, with 371 seats, comprising 297 general seats and 74 reserved seats, including 66 for women and eight for minorities.

A party requires 186 members to form the government in Punjab.

The province of more than 127 million people, over half of Pakistan’s population, is the heartland of the nation’s political, military and industrial elite. Historically, the party that secures a stronghold in Punjab often manages to form the government at the center.

Last week, the PML-N managed to have its candidates, Malik Ahmed Khan and Zaheer Iqbal Channar, elected as speaker and deputy speaker of the provincial assembly, respectively.

Maryam, 50, plays an influential role in her father’s PML-N party and has been presented by him as his political heir apparent. She is senior vice president of the party.

Prior to entering politics, Maryam was involved with the Sharif family’s philanthropic organizations and served as the chairperson of the Sharif Trust, Sharif Medical City, and Sharif Education Institutes. She formally joined politics in 2012 when she was put in charge of the PML-N’s election campaign ahead of 2013 general elections, which the party won, propelling her father to the prime minister’s office for the third time.

After the elections, she was appointed the Chairperson of the Prime Minister’s Youth Programme, a position from which she resigned in 2014 after her appointment was criticized by political rival Imran Khan over nepotism and her university degree was challenged in the Lahore High Court.

She became more politically active in 2017 after her father was disqualified from the PM’s office and convicted by the Supreme Court of Pakistan in relation to corruption revelations in the Panama Papers. She campaigned for her mother, Kulsoom Nawaz, during by-elections for Sharif’s vacant seat in the NA-120 constituency in Lahore.

Maryam was convicted by an anti-graft court in 2018 and got seven years in jail in a corruption abetment case involving the purchase of high-end apartments in London. Her father was also sentenced to 10 years in prison in the case for not being able to disclose a known source of income for buying the properties. She was also disqualified from contesting in 2018 elections as convicted felons cannot run for office under Pakistani law.

Maryam was acquitted in the case in September 2022, months after Imran Khan was ousted from the PM’s office in a parliamentary vote of no confidence and her uncle Shehbaz Sharif became premier.

Maryam became increasingly involved in politics during her father’s four-year self-imposed exile in the United Kingdom and in 2019, was appointed vice president of the PML-N, leading significant anti-government rallies throughout the country and fiercely denouncing then-PM Khan, his PTI party and the military and judiciary for colluding to oust her father from the PM’s office.

On 3 January 2023, Maryam was appointed senior vice president of the PML-N, making her one of the party’s most senior leaders. She ran for two seats in the Feb. 8 general elections, for the National Assembly seat from NA-119 Lahore-III and for a seat of the Provincial Assembly of Punjab from PP-159 Lahore-XV. This was her first time contesting a general election. She won both seats and was nominated by her party as the candidate for Punjab CM.

Maryam’s candidacy as the first woman chief minister of Pakistan represents a significant milestone, coming over seven decades after Pakistan’s creation. The post is arguably the second most important political appointment in the country, following the prime minister.
Maryam also courted controversy before entering politics.

When she failed to get admission into Lahore’s elite Kinnaird College due to poor academic standing, her father, then chief minister of Punjab, had the principal suspended from duty. A strike by the college students and staff got the principal reinstated. 

Maryam later enrolled at Lahore’s King Edward Medical College in the late 1980s but had to leave due to a controversy over illegal admission.

In 1992, she married Safdar Awan at the age of 19, who was serving as a captain in the Pakistan Army at the time and was the security officer of Nawaz Sharif during his then tenure as PM. The couple have three children.


65-year-old man leading gang of ‘rickshaw dacoits’ busted in Pakistan’s Karachi

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65-year-old man leading gang of ‘rickshaw dacoits’ busted in Pakistan’s Karachi

  • Police say Rahim Bux’s gang lured traders into rickshaws or followed them on three-wheelers and robbed them at gunpoint
  • Bux was released from prison in 2018 after serving a 20-year sentence for a $25,000 bank heist in 1998

KARACHI: Police in the southern Pakistani province of Sindh said on Monday they had arrested a 65-year-old man accused of leading a gang of dacoits who were using rickshaws to rob traders in the provincial capital of Karachi.

Karachi is Pakistan’s largest and richest city, home to the central bank and stock exchange, a major port, and some of the most violent areas of the country. Many of its sprawling slums are split along ethnic lines, and overrun by armed groups that have carved the city into spheres of influence. Driveby shootings and muggings are a daily occurrence in the teeming metropolis of over 20 million people, despite a military-backed crackdown launched in 2013 that brought down crime rates for a few years. 

Speaking to Arab News on Monday, police official Mumtaz Khan Marwat said Rahim Bux, released from prison in 2018 after serving a 20-year sentence for a Rs7 million ($25,000) bank heist in 1998, had formed the “Rickshaw Gang” after completing his jail term. The operation in which Bux was arrested in 1998 resulted in the deaths of two policemen and his accomplices and injured Bux, who then spent two decades in prison.

“Bux formed his gang of four after his release from jail and started looting citizens. We arrested all gang members last night [Sunday] after a tip-off,” Marwat, who heads the Shah Latif Town police station, said. 

The gang would target traders leaving cattle markets with large sums of cash, luring victims into their rickshaws or following them on the three-wheelers and then robbing them at gunpoint.

“Bux, the team leader, would wait at a destination to supervise the robberies and then flee in the same rickshaw with his men,” Ihsanullah Khan, another police official who is interrogating the suspects, told Arab News.

“Bux is a hardened criminal with several cases against him in the Karachi and Larkana divisions.” 

Nearly 100 people have been killed during armed muggings in Karachi this year, according to police figures. 


Over 50,000 power looms shut in Pakistan in two years, leaving thousands jobless

Updated 41 min 12 sec ago
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Over 50,000 power looms shut in Pakistan in two years, leaving thousands jobless

  • Industrial stakeholder says the closure owes to soaring power tariffs, raising the cost of doing business
  • Punjab administration’s economic adviser vows to look into the issue to find viable solution to problem

ISLAMABAD: Tens of thousands of workers have lost their jobs as over 50,000 power looms shut down in Pakistan’s Faisalabad district over two years due to soaring electricity prices, an industry stakeholder said over the weekend, with officials pledging to explore viable solutions.

Power looms are mechanized devices that automate the weaving process. Faisalabad, located in Pakistan’s populous Punjab province, is the hub of the country’s textile industry, housing 125,000 power looms in its industrial zone.

The sector produces nearly 91% of Pakistan’s grey cloth, which also sells well in international market.

“In the last two years, over 200,000 workers have been rendered jobless in Faisalabad after the closure of some 50,000 power looms,” Saeed Ahmad, deputy secretary of the All Pakistan Cotton Power Looms Association, told Arab News. “The remaining industry is also on the verge of closure due to inefficient government policies.”

Ahmad said the hike in electricity prices over the last two years was the major factor behind the closures, as the per-unit cost of power had risen from Rs19 to Rs55, along with additional taxes.

“This is a small industry, and people cannot afford to pay millions in electricity bills each month,” he said, adding that the additional cost of doing business, such as higher interest rates, had also reached double digits.

Ahmad noted that while some power loom owners had switched to solar energy to run their industrial units, the option was prohibitively expensive for most.

“If you have to run the power loom, you cannot disconnect from the national grid because the solar station won’t work on cloudy days,” he explained.

Ahmad urged the government to lower electricity prices and provide loans to the industry to keep it operational.

“The power loom industry has been contributing to the national economy through textile exports, but the government is not willing to provide incentives to keep it afloat,” he said.

Speaking to Arab News, Javed Iqbal Malik, senior economic adviser to Punjab’s Industries, Commerce, Investment and Skills Development Department, acknowledged that the cost of doing business has increased due to a spike in electricity tariffs.

“I am not aware of the exact scale of the closure of power looms in Faisalabad, but one thing is for sure that the cost of doing business has increased and many businesses, including manufacturing, have become uneconomical, he said.

“We will look into the issue and discuss it with the industry to find out some viable solutions as this industry is vital for textile exports and economy,” he added.

Khurram Shahzad, a senior economist, said Pakistan’s economy had faced significant hardships in the last two years as the country narrowly avoided sovereign debt default, which also impacted the manufacturing sector.

“The manufacturing sector, including the power looms industry, has been affected by three factors: the interest rate, energy costs and taxes, all of which hit record highs in the last two years,” he told Arab News.

Shahzad noted that while the interest rate had declined in recent months, it remained in double digits.

He added that the government was promising to lower electricity tariffs to ease the cost of doing business.

“Taxes on the formal sector are expected to be reduced in the coming months with the stabilization of the economy, and this will help the manufacturing sector grow,” he said.


Pakistan compares failed PIA privatization bid to Air India, saying it sold on fifth attempt

Updated 58 min 42 sec ago
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Pakistan compares failed PIA privatization bid to Air India, saying it sold on fifth attempt

  • It took PM Narendra Modi administration more than four years to find a buyer for Air India in 2021
  • PIA privatization hit a snag last month when the final bidding round attracted just one bid of $36 million 

ISLAMABAD: Pakistan’s privatization chief Abdul Aleem Khan on Monday defended a recent failed bid to sell loss-making national carrier, Pakistan International Airlines by comparing it to Air India, which was sold after multiple attempts.

Cash-strapped Pakistan was looking to offload a 51-100 percent stake in debt-ridden PIA to raise funds and reform state-owned enterprises as envisaged under a $7 billion International Monetary Fund program approved in September. The process, however, hit a snag last month when the final bidding round attracted just one bid of Rs10 billion ($36 million) for a 60 percent stake in the national flag carrier.

PIA’s existing liabilities stand at approximately Rs250 billion ($896 million).

“Khan compared PIA’s situation to Air India, which had undergone multiple failed privatization attempts before ultimately succeeding on its fifth attempt,” the privatization ministry said in a statement, quoting Khan’s remarks at a meeting of the Senate Standing Committee on Privatization on Monday. 

“Khan expressed hope that Pakistan’s national airline could follow a similar path but underscored the need for thorough reforms.”

It took Prime Minister Narendra Modi’s administration more than four years to find a buyer for Air India in 2021. For a decade before that, the Indian government had spent about $15 billion of taxpayer money on the airline, famous for its Maharaja mascot.

The Pakistan government had pre-qualified six groups for PIA’s privatization process in June, but only real-estate development company Blue World City participated in the bidding process in October, placing a bid that was below the government-set minimum price of Rs85 billion ($304 million). 

The disposal of PIA is a step former governments have steered away from, as it has been highly unpopular given the number of layoffs that would likely result from it.

Other concerns raised by potential bidders for the PIA stake included inconsistent government communication, unattractive terms and taxes on the sector, and the flag carrier’s legacy issues and reputation.

Khan also highlighted hurdles in the privatization process during Monday’s meeting, saying it would require a “fresh approach and big-hearted decisions.”

“The first consultant engaged for the task was deemed unsatisfactory, and a new consultant would be hired to help move the process forward,” Khan told the committee, adding that privatization could only take place if PIA’s financial and operational situation was “clean and attractive to potential buyers.”

“We need to ensure that PIA is clean and profitable before privatization can proceed. Without addressing these fundamental issues, investors will not show interest,” Khan said.

Losses running into billions of dollars in the power and gas sector, the main hole in the economy, were also discussed.

“The privatization process for the first three Discos [power distribution companies] is expected to be completed by January 31, 2025,” the statement said, with Khan acknowledging that privatizing Discos would be even more challenging than PIA.


Public gatherings banned in Islamabad for two months ahead of opposition protest

Updated 18 November 2024
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Public gatherings banned in Islamabad for two months ahead of opposition protest

  • District magistrates bans gathering of more than five people for next two months
  • Ban comes as Pakistan Tehreek-e-Insaf is planning protest in Islamabad on Nov. 24

ISLAMABAD: A two-month ban on public gatherings has been imposed in Pakistan’s federal capital, Islamabad, a notification from the district magistrate said on Monday, days ahead of a planned protest march by the party of jailed former Prime Minister Imran Khan.

The Pakistan Tehreek-e-Insaf party (PTI) announced last week it would lead a ‘long march’ to the capital on Nov. 24 over alleged rigging in Feb. 8 general elections and to call for the release of political prisoners, including Khan, and in support of the independence of the judiciary.

The party’s recent rallies and marches have been thwarted by similar bans on public gatherings imposed under Section 144 of the Pakistan Penal Code which allows the government to prohibit various forms of political assembly, gatherings, sit-ins, rallies, demonstrations, and other activities for a specified period.

In a notification dated Nov. 18, the district magistrate, without naming the PTI, said processions being planned in the capital “can disrupt public place and tranquility and keeping in view the current law & order and security environment, it is necessary to control such types of illegal activities which present a threat to public peace, tranquility and maintenance of law & order.”

He added that the demonstrations would cause “public annoyance or injury, endanger human life and safety, pose a threat to public property, and may lead to a riot or an affray including sectarian riot within the revenue/territorial limits of district Islamabad.”

In light of this, all gatherings of more than five people are banned in the capital, the notification said:

“This order shall come into force with immediate effect and shall remain in force for a period of TWO MONTHS.” 

Khan has been in jail since August 2023 and has faced dozens of cases since he was removed as prime minister in 2022 after which he launched a protest movement against a coalition of his rivals led by current Prime Minister Shehbaz Sharif and backed by the all-powerful military, which denies interfering in politics. 

Khan says cases against him, which disqualified him from contesting the February elections, are politically motivated. His party has held several protest rallies in recent months to build public pressure for its leader’s release.

With regards to the latest protest, the PTI’s first demand is a rollback of recent constitutional amendments like the 26th amendment that the PTI says is an attempt to curtail the independence of the senior judiciary. It is also calling for the release of party leaders and supporters and a return of what it describes as a “stolen mandate” after Feb. 8 general elections.

Pakistan’s government denies being unfair in its treatment of Khan and his party and the election commission rejects allegations the elections were rigged. The government also says recent amendments related to the judiciary are meant to smooth out its functioning and tackle a backlog of cases.


Pakistan Stock Exchange may gain at least 27% by end of 2025 — Bloomberg

Updated 18 November 2024
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Pakistan Stock Exchange may gain at least 27% by end of 2025 — Bloomberg

  • Benchmark KSE-100 Index forecast to increase to 127,000 points by Dec. 2025, a 34% rise, from 94,704 points it closed on Friday
  • Key index advanced as much as 0.6% on Monday, taking gains to more than 50% this year, the second best performer globally

ISLAMABAD: Pakistan’s stocks are expected to advance by more than a quarter by the end of next year as the nation’s economy shows improvement under a loan program with the International Monetary Fund and the currency stabilizes, Bloomberg reported on Monday, quoting two brokerage houses. 

The benchmark KSE-100 Index is forecast to increase to 127,000 points by December 2025, or a 34% rise, from the 94,704 points it closed last Friday, according to Topline Securities Ltd. in a report announced on Nov. 16. Arif Habib Ltd. targets the index to reach 120,000 points, a gain of 27%.

“The stage is set for a potential market re-rating with declining interest rates, a stable rupee, and improving macroeconomic indicators,” Karachi-based brokerage Arif Habib commented in a report.

Pakistan’s economy has stabilized with inflation easing from record levels that has allowed the central bank to cut the interest rate for four straight meetings to 15 percent, the lowest in two years. 

The key index advanced as much as 0.6% on Monday, taking its gains to more than 50% this year, the second best performer globally, according to data compiled by Bloomberg.

The equity market will be offering a 37% return including 10% dividend yield by the end of 2025 because of economic stability and falling bond yields, Karachi-based Topline said in a separate report.

Pakistan is also increasingly attracting the attention of foreign investors, particularly in its debt and equity markets, said Arif Habib.