Dr Ishratul Ibad announces launching new party

Former Sindh governor Dr. Ishratul Ibad has announced the launch of a new political party, days after confirming his return to politics following a years-long hiatus.

Dr. Ibad, a former leader of the Muttahida Qaumi Movement (MQM), has been residing in the United Arab Emirates (UAE) since stepping down as Sindh governor in 2016. In a statement, Dr. Ibad, who served as governor for 14 years, mentioned that he would invite MQM-Pakistan (MQM-P) leaders to join his party, putting aside past differences.

He remarked that the current government has "less time," a claim denied by ministers who have pledged to complete their five-year term. BMI, a Fitch Solutions company, has predicted that the Prime Minister Shehbaz Sharif-led coalition government may collapse within the next 18 months due to economic uncertainties.

Dr. Ibad highlighted that political and economic instability have reached "dangerous levels" and noted a worsening security situation. He emphasized the need for strict accountability to combat corruption and ensure economic prosperity.

"If governance fails, the situation can move in any direction. The country needs strict accountability at this time. Not only the corrupt elements but also those who fail to perform on merit should be held accountable," Dr. Ibad stated.

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