Sohail Afridi elected chief minister of Pakistan’s Khyber Pakhtunkhwa province

Update Newly-elected Chief Minister of Khyber Pakhtunkhwa (KP), Sohail Afridi (left), and former Chief Minister, Ali Amin Gandapur, are pictured in the KP assembly in Peshawar, Pakistan, on October 13, 2025. (KP government)
Newly-elected Chief Minister of Khyber Pakhtunkhwa (KP), Sohail Afridi (left), and former Chief Minister, Ali Amin Gandapur, are pictured in the KP assembly in Peshawar, Pakistan, on October 13, 2025. (KP government)
Short Url
Updated 13 October 2025
Follow

Sohail Afridi elected chief minister of Pakistan’s Khyber Pakhtunkhwa province

Sohail Afridi elected chief minister of Pakistan’s Khyber Pakhtunkhwa province
  • Afridi, a close ally of Imran Khan, wins assembly vote after Gandapur’s resignation
  • Newly elected leader vows to end class and political discrimination in first address

ISLAMABAD: Lawmakers in Pakistan’s northwestern province of Khyber Pakhtunkhwa on Monday elected Sohail Afridi as their new chief minister, replacing Ali Amin Gandapur who resigned last week amid internal reshuffling in the party of former prime minister Imran Khan.

Afridi, the nominee of Khan’s Pakistan Tehreek-e-Insaf (PTI) party, secured a majority in the provincial assembly, which met in Peshawar for the leadership vote. The PTI holds a commanding presence in the 145-member house, making Afridi’s victory a foregone conclusion.

“I thank Imran Khan for getting a person like me, from the middle class, elected as Chief Minister,” Afridi said on X. “I am thanking the tribal Imran Khan. We have to end caste, political discrimination, and the difference between rich and poor.”

The assembly vote followed a week of political maneuvering within PTI after Khan, who remains imprisoned on multiple charges, directed Gandapur to step down amid concerns about governance and the deteriorating security situation in Khyber Pakhtunkhwa. The province, which borders Afghanistan, has witnessed a resurgence of militant attacks by the Tehreek-e-Taliban Pakistan (TTP) and other groups in recent months.

Gandapur, who took office last year after PTI’s victory in provincial elections, was considered one of Khan’s most loyal allies. His removal underscores growing internal recalibration as the party seeks to maintain its hold on Khyber Pakhtunkhwa, its political stronghold since 2013, while facing pressure from the federal government and the military establishment.

Afridi, a legislator from Bara district near the Afghan border, is expected to face significant challenges, including rebuilding provincial finances and curbing cross-border militancy. Analysts say his leadership will be closely watched as a test of PTI’s ability to govern effectively while its founder remains in prison.


Pakistan expects IMF board approval in early December after staff-level deal

Pakistan expects IMF board approval in early December after staff-level deal
Updated 7 sec ago
Follow

Pakistan expects IMF board approval in early December after staff-level deal

Pakistan expects IMF board approval in early December after staff-level deal
  • Government aims to turn support from China, US and Gulf allies into trade, private-sector investment flows
  • Finance chief warns population growth and climate change pose existential threats to Pakistan’s progress

ISLAMABAD: Pakistan expects the International Monetary Fund’s (IMF) Executive Board to approve the country’s next loan tranche in early December after reaching a staff-level agreement in October, Finance Minister Muhammad Aurangzeb said on Wednesday.

Last month, the IMF announced it had reached the agreement with Pakistan for the second review of its 37-month Extended Fund Facility (EFF) and the first review of a 28-month Resilience and Sustainability Facility (RSF), a step that could unlock about $1.2 billion once approved by the Fund’s executive board.

Pakistan secured a $7 billion bailout from the IMF in September 2024 after months of negotiations to stabilize its struggling economy, rebuild reserves and attract foreign investment.

Since then, the IMF has said implementation has remained strong, with fiscal and monetary tightening restoring a measure of stability. The current-account balance recorded a surplus, inflation has eased and external buffers have improved.

“We are under the Fund program, so the second review went well and we had a staff-level agreement announced in Washington, and God willing it goes to the board in early December [for approval],” Aurangzeb said while speaking at The Future Summit in Karachi.

He said Pakistan was witnessing a “confluence of favorable factors,” combining macroeconomic stability with what he called “geopolitical tailwinds” from its traditional partners, including China, the United States and the Gulf Cooperation Council countries, particularly Saudi Arabia.

He said the government saw an opportunity to translate this diplomatic and financial support into trade and private-sector-led investment flows, highlighting that sustainable growth must be driven by business and productivity rather than aid.

The minister said corporate profitability had risen by 14 percent during the first nine months of the year, reflecting an underlying strength in Pakistan’s corporate sector.

He also cited a recent Overseas Investors Chamber of Commerce & Industry (OICCI) survey showing that 73 percent of CEOs now view Pakistan as a viable investment destination, up from 61 percent, describing it as a sign of improved investor sentiment.

The minister said Pakistan was now “moving in the right direction” but needed to “stay the course” on structural reforms while recognizing that some areas demanded urgent corrective action.

However, he also mentioned challenges that could jeopardize economic gains.

“These are two areas which I continue to call existential threats for Pakistan: population and climate change,” he said, calling for urgent course correction in both.

Aurangzeb said Pakistan must address rapid population growth and its climate vulnerabilities with the same urgency it has applied to fiscal reforms, noting that “no matter how much we grow, if our population continues to expand at 2.5 percent, we are not going to get where we want to be by 2047.”

He also maintained that technological and digital investments were becoming key drivers of growth and welcomed Google’s decision to open an office in Pakistan and establish the country as a technical and export hub, describing it as “great news.”

“The ball is in our court to provide that ecosystem, to provide that digital infrastructure on the basis of which we can take AI-led growth forward,” he said.