Asian-News.net is your go-to online destination for comprehensive coverage of major news across Asia. From politics and business to culture and technology, we bring you the latest updates, deep analyses, and critical insights from every corner of the continent. Featuring exclusive interviews, high-quality photos, and engaging videos, we keep you informed on the breaking news and significant events shaping Asia. Stay connected with us to get a 24/7 update on the most important stories and trends. Our daily updates ensure that you never miss a beat on the happenings in Asia's diverse nations. Whether it's a political shift in China, economic development in India, technological advancements in Japan, or cultural events in Southeast Asia, Asian-News.net has it covered. Dive into the world of Asian news with us and stay ahead in understanding this dynamic and vibrant region.

Contacts

  • Owner: SNOWLAND s.r.o.
  • Registration certificate 06691200
  • 16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
  • Czech Republic

Why Pakistan’s unstable coalition won’t faze China, IMF: ‘everyone understands army is in charge’

“There are plenty of reasons to think this government won’t last long,” said Michael Kugelman, director of the South Asia Institute at the Wilson Centre, a Washington-based think tank.

There is friction between the two biggest partners in the incoming coalition – the Pakistan Muslim League-Nawaz (PML-N) of three-time former prime minister Nawaz Sharif and ex-president Asif Ali Zardari’s Pakistan People’s Party (PPP).

The new government would also be under intense pressure from jailed ex-leader Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) party, which backed independent candidates comprising the single largest grouping in the National Assembly.

Few Pakistani governments have served out their full terms and no prime minister ever has. Honeymoons have often given way to “ugly divorces” between the civilian and military leaderships, Kugelman noted.

Additionally, the new multiparty coalition will be “unwieldy and weak, and led by parties that don’t get along”.

“This could all doom it to failure,” he warned.

However, Kugelman said while Pakistan needed renewed, multi-year financial help from the IMF to prevent it from defaulting on its international debt and trade payments – like Sri Lanka did in 2022 – the prospects for a new deal “won’t be damaged by the election controversies” as long as the Washington-based lender “believes Islamabad is committed to seeing through economic reforms”.

During the new coalition’s first few weeks in power, the civilian and military leaderships are “likely to be of one mind in supporting reforms, though for political reasons, [it] may drag its feet and resist new austerity measures”.

For both political and economic reasons, the government and military will have a “strong incentive” to “ensure unrest over

Read more on scmp.com