Today: 16 January 2025
7 August 2022
2 mins read

Economic crisis could deepen if Imran wins

According to the Dawn, it was estimated that the national exchequer will have to bear the cost of millions of rupees in order to conduct bypolls again…reports Asian Lite News

The announcement by former Pakistan Prime Minister Imran Khan that he will contest elections on all nine Assembly seats has sparked furore and concerns across the nation as the already crippling economic situation of the country could be exacerbated if the PTI chief wins all the seats by any chance.

Following the Election Commission of Pakistan’s announcement to hold by polls in nine Assembly seats which fell vacant after the National Assembly Speaker accepted the resignation of 11 MNAs of PTI, Imran Khan announced his candidature in all nine seats.

 But it should be noted that if the PTI chief wins elections from all nine constituencies then he will have to choose one out of the nine, which will lead the Assembly to conduct the polls once again. The ensuing political instability and rising popularity of Imran Khan could have disastrous consequences for the country’s faltering economy.

According to the Dawn, it was estimated that the national exchequer will have to bear the cost of millions of rupees in order to conduct bypolls again.

The minimum expenditure incurred in an election in one constituency is around Rs 50-100 million, while in sensitive and far-flung areas the cost is approximately around Rs 100 million, sources said.

Sources added that in order to conduct elections in nine constituencies, it is estimated that Rs 500-900 million will be needed as expenses include printing and purchase of material used such as ballot papers, forms, bags, etc.

Moreover, the additional expenses are also incurred on security from rangers and police officials, deployment of army, training of election staff, IT equipment, and transport and fuel.

Consequently, if Khan wins the elections, in any case, bypolls will once again be held in all nine constituencies which will lead to an expenditure of nearly Rs 500-900 million.

This comes as a challenge for Pakistan as the country already is grappling under the economic crisis.

It is pertinent to note here that Imran Khan is already a member of the National Assembly as he won 2018 general elections from Mianwali.

In 2018, Khan contested from five constituencies and won all five. He managed to bag every single seat he contested on, which included, NA-53 Islamabad, NA-35 Bannu, NA-243 Karachi, NA-95 Mianwali, and NA-131 Lahore.

Ultimately, he had to vacant four seats and decided to retain the Mianwali constituency. (ANI)

ALSO READ-BRI grapples with mounting debt crisis

Previous Story

BRI grapples with mounting debt crisis

Next Story

Imran to contest in 9 assembly seats

Latest from -Top News

Israel Set to Greenlight Gaza Ceasefire

Israel’s President Isaac Herzog on Wednesday urged the government to approve the ceasefire deal….reports Asian Lite News Israel’s Security Cabinet and government are scheduled to convene on Thursday to approve the Gaza

Gaza’s Hope for Peace

Over the past 15 months, the Palestinian death toll from ongoing Israeli strikes in Gaza has risen to 46,645…reports Asian Lite News Over 2.2 million people in Gaza are closely following the

Gaza Ceasefire Nears Final Stages: Qatar

Israeli forces would vacate the Philadelphi Corridor along the Egyptian border and the Netzarim Corridor separating Gaza’s north and south….reports Asian Lite News “Qatar’s Foreign Ministry Spokesperson Majed Al Ansari announced on

“Modi Ensures Enhanced Haj Pilgrimage”

The government led by Prime Minister Modi has been making efforts over the last few years to make the Haj pilgrimage a transparent, uniform, cost efficient…reports Asian Lite News Prime Minister Narendra
Go toTop

Don't Miss

‘Lack of Election Transparency to Cause Instability in Pakistan’’

PTI founder said that another petition he registered against violations

UN appeals for legal integrity in Imran’s trial

Khan, the leader of the Pakistan Tehreek-e-Insaaf party, was arrested