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Prime Minister Nawaz Sharif and Chief of Army Staff (CoAS) on Tuesday agreed on the need to resolve the on-going issue expeditiously in the best national interest. Sources said the prevailing grave political crisis was a matter of grave concern for both the sides as it already inflicted a huge loss on the economy.

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Tuesday warned there will be 'no talks at all' with the government if its negotiators continue to reject the 'minus-one formula' - resignation of premier - in the last round of talks with his party today (Wednesday).
Pakistan Awami Tehrik (PAT) chief Dr Tahirul Qadri on Tuesday demanded that both Prime Minister Nawaz Sharif and Punjab chief minister Shahbaz Sharif "should be hanged" for the killing of innocent people in Model Town. He made this demand after media reported that a one-man judicial commission has held Punjab government responsible for the Lahore killings, of June 17, 2014.
Awami Mus-lim League (AML) leader Sheikh Rashid on Tuesday 'predicted' that Prime Minister Nawaz Sharif would quit his office and finance minister Ishaq Dar would replace him. Speaking to a private TV channel, Rashid said Ishaq Dar would be made an interim Prime Minister while no decision had been taken on Chief Minister of Punjab. Responding to a question, he said that he would tender his resignation immediately after Imran Khan's resignation was accepted by National Assembly Speaker. He was of the view that army would not open fire on anti-government protesters.
Former president General Pervez Musharraf (Retd) in an interview with a private TV channel on late Tuesday night supported the demand for 'change' and called upon the United States that it must not interfere in Pakistan's internal politics. Musharraf said that 'change must come before elections'. The former president said that he has never seen protests as large and continuous as the ones currently being held in Islamabad.
The Supreme Court of Pakistan was informed on Tuesday that a meeting of Attorney General for Pakistan (AGP) and the counsel for Pakistan Awami Threek (PAT) and Pakistan Tehreek-e-Insaf (PTI) on vacating the Constitution Avenue ended without securing any breakthrough as both the political parties have refused to change the venues of their sit-ins.
Dismissing petitions of four ministers Lahore High Court here on Tuesday upheld the decision of a district and sessions court, directing Faisal Town police Lahore to lodge an FIR against Prime Minister, Punjab Chief Minister and others in response to an application of Minhajul Quran Secretariat. The court in its short order observed that the petitioners failed to establish their case.
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
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MonthlyJune
Trade Balance $-2.311 bln
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WeeklyAugust 25, 2014
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