Asia St: Pakistan’s Post-Imran Khan Landscape Takes Shape

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Pakistan’s Post-Imran Khan Landscape Takes Shape

April 12, 2022

Pakistan Prime Minister Shahbaz Sharif (Photo Credit: Wikimedia Commons).

The BGA Pakistan Team, led by Senior Advisor Aniq Zafar, published an update for clients on the implications of the leadership shift in Pakistan away from Imran Khan. The update evaluated the recent period of heightened political turbulence and the likely priorities of the new government in office amid a series of domestic and foreign policy challenges.

 Context

  • Pakistan’s legislators voted Prime Minister Imran Khan out of office in the early hours of April 10 after more than a week of heightened political uncertainty.
  • The opposition gathered 174 votes of a total 342 seats in support of the no-confidence resolution, which Khan had earlier tried to circumvent. Analysts believe that the military leadership prevailed and made Khan accept the ultimate outcome.

Significance

  • Opposition leader Shahbaz Sharif, the younger brother of former Prime Minister Nawaz Sharif will serve as prime minister until the next elections, expected in 2023.
  • The change in leadership will in turn feed into other shifts in political positions and governance priorities. Khan’s ouster also leaves open the question of what shape the opposition will take in the coming months.

Implications

  • Companies should pay attention to how the interim government handles Pakistan’s economic crisis because this has serious implications for the country’s political and business environments.
  • With increasing inflation and considerable foreign debt obligations, Pakistan will need to negotiate a cash injection that could help it manage its current economic woes. The management of the economic crisis will be the interim government’s first chance to prove its competency to the Pakistani people and will hold important political implications for the country’s next general elections.

BGA will continue to keep you updated on developments in Pakistan as they occur. If you have any comments or questions, please contact BGA Senior Advisor Aniq Zafar at azafar@bowergroupasia.com.