Thai Baht Hits Four-Year High, Intensifying Pressure on Central Bank

PPP Chairman Bilawal Bhutto Zardari has alleged that some elements within the ruling Pakistan Muslim League-Nawaz (PML-N) are weakening Prime Minister Shehbaz Sharif’s position and creating divisions between the government and its political allies. Addressing an election rally in Poonch, Azad Jammu and Kashmir (AJK), Bilawal said the PPP’s political differences with the PML-N were normal during elections. However, he claimed that the real problem was internal and involved elements within the ruling party. Bilawal said reports suggesting that the government had collapsed were incorrect. He described Prime Minister Shehbaz as a person with “good intentions”, but questioned whether the premier could succeed if people around him were working against his interests. The PPP chairman alleged that a significant section of the PML-N wanted the prime minister to confront not only opposition parties but also his coalition partners. He also criticised the phased AJK election schedule, questioning why polling was not held on a single day if the region was considered one electoral unit. Bilawal said the elections were being conducted in phases in the name of maintaining peace and ensuring free and fair polling. However, he alleged that the process had instead created opportunities for electoral manipulation. He accused the PML-N of securing seats in advance and alleged that the party had already “taken” seats in Mirpur and Muzaffarabad and was now targeting Poonch and Bagh. The PPP leader urged voters in Poonch and Bagh to respond through their votes in the upcoming elections. The AJK elections are being conducted in three phases. Polling in the Mirpur division was held on July 27, while the second phase in the Muzaffarabad division took place on August 2. The PML-N won nine of the 13 seats contested in Mirpur, while the PPP secured four. In the second phase, the PML-N won 15 additional seats in Muzaffarabad, while the PPP added six. The third phase was originally scheduled for August 10 across the Poonch division. However, the AJK Election Commission has revised the schedule because of security concerns. Under the revised plan, polling on August 10 will be held only in Bagh and Haveli districts. Elections in Poonch district and Pallandri in Sudhnoti district have been postponed. The Election Commission said it took the decision after receiving a report from the AJK home secretary highlighting concerns about the law and order situation in parts of Poonch and Pallandri. The decision follows clashes between protesters and law enforcement personnel in Rawalakot on July 27, which reportedly resulted in several casualties. Tensions have persisted in Rawalakot since early June, with the Joint Awami Action Committee (JAAC) organising periodic protests and sit-ins. The group has been demanding the abolition of 12 seats in the AJK legislature reserved for refugees from Indian-administered Kashmir.