Khan not getting out of prison soon, coalition govt may last only 18 months: Fitch report

Update

The Defence Minister of Pakistan has stated that there is a danger of constitutional meltdown in the country and agreed with the recent Fitch report about the collapse of the current government in 18 months. He said, “People are ready to join the technocratic government now.”

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BMI, a Fitch Solutions company, has forecast an unstable economic-political situation in Pakistan with its prediction that Imran Khan, the founder of Pakistan Tehreek-e-Insaf (PTI), is unlikely to get out of prison soon.

“We expect that the Pakistan Muslim League-Nawaz (PML-N)-led government will remain in power over the coming 18 months and will succeed in pushing through with International Monetary Fund (IMF) mandated fiscal reforms,” predicted BMI, in its Pakistan Country Risk Report for the fourth quarter of the calendar year 2024.

Interestingly, the Fitch Solutions company also predicted that “in the unlikely event that the government is replaced, the most likely alternative is a technocratic administration rather than fresh elections.”

Regarding the country’s economic situation, it stated that negative events or factors affecting future growth are more likely than positive ones.

“Given that 40% of Pakistanis work in agriculture, another flood or drought would pose a significant risk to the economy. The country’s fragile political situation could also derail the recovery,” the risk evaluator said.