The political uncertainty in Pakistan continues days after Pervez Musharraf stepped down as president with the ruling Pakistan Peoples Party (PPP) and its coalition partner Pakistan Muslim league (PML-N) unable to reconcile their differences.
PPP co-chairman Asif Ali Zardari, in his effort to placate estranged ally PML-N, favored a "national consensus" government to solve the problems of the country even as he bolstered his chances for the presidency by winning the backing of a majority of Baloch lawmakers.
"A government of national consensus is the need of the hour," Zardari, the front-runner for the September 6 presidential election, said. He said that after his election his party would work for "political and national unity".
PML-N chief and former premier Nawaz Sharif, said Monday that political powers of the country should extend support to each other and avoid confrontation, adding that confrontation was not good for Pakistan.
Sharif's party had pulled out of the ruling coalition recently, accusing the PPP of reneging on several agreements including the one on reinstatement of all the judges sacked by Musharraf during last year's emergency rule.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.