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Who will be the caretaker prime minister of Pakistan?

01:05 AM | 10 Aug, 2023
Who will be the caretaker prime minister of Pakistan?
Source: Representational photo

After dissolution of the National Assembly on Tuesday, Pakistanis are anxiously waiting for announcement of caretaker prime minister's name.

The Pakistan Democratic Movement (PDM)-led government decided to dissolve the lower house of parliament prematurely on August 9, three days before completion of its constitutional term on August 12. The move was meant to allow the Election Commission of Pakistan (ECP) to hold general elections within 90 days instead of 60 days, the stipulated time period if the legislature completes its tenure.

Guessing game is rife on mainstream and social media, with analysts and political pundits speculating the name of a potential candidate for the post of interim prime minister.

A day earlier, Prime Minister Shehbaz Sharif said no name for the caretaker prime minister had been finalised yet, and consultation on the matter with allies and party supremo Nawaz Sharif was under way.

Under the Constitution, PM Shehbaz and Leader of Opposition Raja Riaz were required to hold deliberations to pick the interim prime minister. However, they have not held a consultation yet with sources saying that Riaz postponed meeting with the premier on Tuesday owing to his “busy schedule”.

However, he himself confirmed that despite the delay, his meeting will be held on Tuesday. "It is possible to meet the prime minister again tomorrow."

The meeting between the two was scheduled to be held at 4pm on Tuesday and the opposition leader was informed about it in writing.

Here some of the names, which have surfaced for caretaker prime minister's office so far:

Ishaq Dar

Former finance minister Ishaq Dar’s name was first reported in the media for the slot of caretaker prime minister a few days ago. However, the reports drew a widespread backlash from the masses and different political parties. Following the backlash, the ruling Pakistan Muslim League-Nawaz (PML-N) rejected the media reports, saying that his name was never proposed for the coveted slot. Dar is the leader PML-N patron Nawaz Sharif trusts the most. He is also a close relative of the former prime minister who is currently living in self-imposed exile in London.

Hafeez Shaikh

Interior Minister Rana Sanaullah revealed lately that former finance minister Abdul Hafeez Shaikh, who served as the financial czar during the previous tenure of PPP and PTI governments, is among the candidates for the caretaker PM. Shaikh served as Federal Minister for Finance and Revenue Affairs from 11 December 2020 to 29 March 2021. Previously, he served as an advisor to Prime Minister on Finance and Revenue from April 2019 to December 2020. Previously, he has served as the Finance Minister of Pakistan between 2010 and 2013 and Provincial Minister for Finance and Planning in Government of Sindh between 2000 and 2002.

Shahid Khaqan Abbasi

PML-N leader Shahid Khaqan Abbasi was reported to be in the race for caretaker prime minister's position. Abbasi is a former prime minister of Pakistan and a confidant of the PML-N patron Nawaz Sharif. Born 27 December 1958, Abbasi is a politician and businessman who served as the 21st prime minister of Pakistan from August 2017 to May 2018. Abbasi is the senior vice president of the Pakistan Muslim League-N (PML-N) and secretary-general of the Pakistan Democratic Movement (PDM), an anti-PTI coalition of political parties in Pakistan. He had been a member of the National Assembly of Pakistan from October 2018 till August 2023 and for 8 non—consecutive terms since 1988. 

Makhdoom Ahmed Mehmood

Former Punjab governor Makhdoom Ahmed Mehmood was also said to be in the race for caretaker prime minister's office. Mehmood is a businessman and politician. He is the chairman of JDW Group and belongs to Jamal Din Wali in Tehsil Sadiqabad of District Rahim Yar Khan, Punjab. He was elected to the National Assemblies on IJI ticket in 1990–1993 and PMLN ticket from 1993 to 1996 and 1996 to 1999. He served as Punjab governor for a short period during the Pakistan People's Party's government from 2008-2013. On 25 December 2012, he took oath as 29th Governor of Punjab. He resigned from the post of the governor on 13 May 2013 after PML-N swept the elections but president rejected the resignation.

Jalil Abbas Jilani

The name of Jalil Abbas Jilani, former foreign secretary and Pakistan's envoy to Washington, is also circulating on social media for the post of caretaker prime minister. Jilani, who served in Grade 22 as the foreign secretary of Pakistan, was born on February 3, 1955, in Multan to a family known for high-profile bureaucrats. Abdul Basit, former ambassador to Germany and High Commissioner to India, took to Twitter to congratulate Jilani "on his appointment as caretaker prime minister of Pakistan".

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Pakistani rupee maintains momentum against US dollar, Euro, Riyal; check forex rates here

Pakistani rupee continues to show resistance against US dollar in the open market on Monday amid positive economic indicators.

Dollar Rate in Pakistan Today

On first working day of the week, the US dollar in open market stands at 284 for buying and 287.15 for selling.

Euro price moves up to 310.71 for buying and 311.31 for selling. British Pound rate stands at 357.55 for buying, and 358.2 for selling after marginal increase.

UAE Dirham AED stands at 77.55 whereas the Saudi Riyal also witnessed slight fall and new price stands at 75.94.

Today's currency exchange rates in Pakistan - 27 November 2022

Currency Symbol Buying Selling
US Dollar ‎USD 284 287.15
Euro EUR 310.71 311.31
UK Pound Sterling GBP 357.55 358.2
U.A.E Dirham AED 77.55 77.7
Saudi Riyal SAR 75.94 76.09
Australian Dollar AUD 186.85 187.35
Bahrain Dinar BHD 751.53 759.53
Canadian Dollar CAD 208 208.5
China Yuan CNY 39.8 39.9
Danish Krone DKK 41.79 41.89
Hong Kong Dollar HKD 36.52 36.62
Indian Rupee INR 3.39 3.5
Japanese Yen JPY 1.89 1.92
Kuwaiti Dinar KWD 916.38 925.38
Malaysian Ringgit MYR 60.38 60.98
New Zealand Dollar NZD 170.9 172.9
Norwegians Krone NOK 26.25 26.55
Omani Riyal OMR 734.05 742.05
Qatari Riyal ‎QAR 77.63 78.33
Singapore Dollar SGD 212.2 212.7
Swedish Korona SEK 27.08 27.18
Swiss Franc CHF 322.39 322.89
Thai Bhat THB 8 8.04

Gold rates in Pakistan move up; Check today’s gold rates 27 November 2023

KARACHI – Gold rates in Pakistan continue to climb higher on Monday amid surge in global trend.

Gold Rates in Pakistan Today - 27 November 2023

On Monday, the price of 24-karat gold stands at Rs215,500 per tola, and 10 gram costs Rs184,750 per tola.

Single tola of 22 Karat Gold price stands at Rs198,550, 21 karat rate for per tola is Rs189, 525 and 18k gold rate stands at Rs162,450.00 for 1 tola.

In the international market, the price of bullion hovers around $2010 per ounce with incrrease of around $8.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 215,500 PKR 2,610
Karachi PKR 215,500 PKR 2,610
Islamabad PKR 215,500 PKR 2,610
Peshawar PKR 215,500 PKR 2,610
Quetta PKR 215,500 PKR 2,610
Sialkot PKR 215,500 PKR 2,610
Attock PKR 215,500 PKR 2,610
Gujranwala PKR 215,500 PKR 2,610
Jehlum PKR 215,500 PKR 2,610
Multan PKR 215,500 PKR 2,610
Bahawalpur PKR 215,500 PKR 2,610
Gujrat PKR 215,500 PKR 2,610
Nawabshah PKR 215,500 PKR 2,610
Chakwal PKR 215,500 PKR 2,610
Hyderabad PKR 215,500 PKR 2,610
Nowshehra PKR 215,500 PKR 2,610
Sargodha PKR 215,500 PKR 2,610
Faisalabad PKR 215,500 PKR 2,610
Mirpur PKR 215,500 PKR 2,610

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