Pakistan swore in a caretaker Cabinet led by interim Prime Minister Anwaar-ul-Haq Kakar. This arrangement comes as the country prepares for upcoming elections scheduled for November or later.
The primary focus of the government is to achieve economic stabilization. The economy, valued at US$350 billion, is on a cautious path to recovery. The government
recently secured a timely bailout agreement of US$3 billion with the International Monetary Fund, averting a sovereign debt default, Reuters reported.
The economic reforms thus far have resulted in unprecedented inflation and elevated interest rates, posing significant challenges. The caretaker government and its eventual successor are confronted with the foremost task of stabilizing the economy.
Mr Kakar was sworn in on Monday after President Arif Alvi dissolved Parliament last week on the advice of outgoing Prime Minister Shehbaz Sharif.
On Thursday, Mr Kakar appointed the new Cabinet, which Mr Alvi later swore in.
According to Pakistan’s Constitution, a neutral caretaker government is tasked with supervising elections, which must take place within 90 days after the dissolution of the Lower House of Parliament. In this instance, this timeframe points to early November.
Nevertheless, the ballot’s timing could experience a postponement due to the necessity for the election commission to establish new boundaries for numerous federal and provincial constituencies. After completing this task, the commission will announce the election date.
Subsequently, on Thursday, the election commission announced through state television that the finalization of new constituencies would occur by December 14th.