After rounds of negotiations and discussions, the Pakistan Peoples’ Party (PPP) and the Pakistan Muslim League-Nawaz (PML-N) have reached a comprehensive power-sharing agreement, heralding a new chapter in the country's political landscape.

Under the terms of the agreement, Asif Zardari, the seasoned leader of the PPP, will ascend to the presidency, marking a significant return to national leadership for the party.

In another key development, the position of Chairman Senate will be entrusted to the People's Party, underscoring their growing influence in the upper echelons of government.

Moreover, the presidency, a symbol of national authority, will also be vested in the hands of the PPP, reaffirming their pivotal role in shaping the country's future trajectory.

Conversely, the prestigious position of Prime Minister will be held by the PML-N, reflecting their enduring prominence in Pakistani politics and governance.

In a bid to ensure regional representation and inclusivity, the post of Chief Minister of Balochistan will be allocated to the PPP, empowering them to address the province's unique challenges and aspirations.

Additionally, sources indicate that the Speaker of the National Assembly will hail from the ranks of the PML-N, further cementing their position in the legislative realm. Meanwhile, the Chairman of the Senate, a pivotal parliamentary role, will be appointed from the PPP, ensuring a balanced distribution of authority.

Bilawal Bhutto Zardari addresses joint press conference

Addressing a joint press conference flanked by PPP co-chairman Asif Ali Zardari and PML-N president Shehbaz Sharif, Bilawal Bhutto Zardari expressed gratitude for the completion of the committee’s arduous work formed by the Pakistan People's Party (PPP) and the Pakistan Muslim League-Nawaz (PML-N).

He announced that both parties now possess the necessary numbers to form the government, emphasizing their commitment to leading Pakistan out of its current crisis, adding that the coalition between the PPP and PML-N had successfully gathered the necessary numbers to form the government.

Bilawal acknowledged the limited numbers of the Sunni Ittehad Council, paving the way for the PPP and PML-N to collaborate in steering Pakistan out of its current crisis.

The PPP chairman also invoked divine assistance to overcome internal and external challenges, pledging their commitment to fulfill the people's expectations.

The Bhutto scion expressed hope for Shahbaz Sharif's return as Prime Minister and invoked prayers for divine assistance in resolving internal and external challenges.

He mentioned that following the Prime Minister’s election, the President of Pakistan will deliver a speech. We will confront these challenges collectively and strive to meet the people’s expectations. Once more, I extend my gratitude to all, particularly to Prime Minister Shehbaz Sharif.

Shehbaz Sharif

Prime Minister-designate Shehbaz Sharif expressed appreciation for the attending journalists, extending thanks to President Zardari and Bilawal Bhutto for their contributions to the crucial occasion.

Sharif mentioned the message sent to independent members, encouraging them to form the government with enthusiasm, showcasing their majority to the nation. He assured wholehearted acceptance and congratulations in such a scenario.

He underscored the importance of effective governance, stating that the opposition, despite alliances, lacks the necessary numbers to lead the government.

The PML-N president mentioned that the committee, formed in collaboration with the PPP, engaged in multiple rounds of discussions, and each session yielded positive outcomes. Today, as we sit here, I am pleased to share that, alongside the PPP, we have the necessary majority, positioning us to establish a new government. I extend my gratitude to Asif Zardari and Bilawal Bhutto for their unwavering cooperation, and I am also thankful to Nawaz Sharif for his leadership and guidance, making this achievement possible.

Recognizing the significant challenges Pakistan is currently confronting, before delving into those discussions, I would like to emphasize that this alliance has collectively decided, with the grace of Almighty God, that we possess the required majority to unanimously elect Asif Zardari as the president. I express my appreciation to other coalition parties in this alliance, including MQM, IPP, and Q-League.

Sharif emphasized that all our allies are not only committed to voting for these positions but also to taking unified steps through consultation. The challenges facing our nation today are immense.

He said, “The resurgence of terrorism has claimed the lives of countless brothers and sisters in KP and Balochistan, including the valiant forces of Pakistan and as an alliance, we must confront this menace head-on.”

“Furthermore, we are resolved to combat inflation and revitalize the economy, fostering increased domestic production for sustainable economic growth and prosperity nationwide. Our objective is to provide modern educational opportunities to the younger generation, equipping them with expertise in information technology,” he said adding that this will enable them to become the architects of our nation’s future, securing employment opportunities not only within Pakistan but also abroad, thereby contributing significantly to the country's development.

The president of PML-N also emphasized that after 76 years, it is concerning that countries are still burdened by debt. This issue must be addressed urgently, and we must dedicate ourselves tirelessly to this cause. These challenges demand a journey of sacrifice and dedication. It is not merely about acquiring government positions or ministries; rather, it is about saving Pakistan from its current difficulties and setting it on the path to prosperity.

Asif Zardari

Asif Zardari affectionately referred to Bilawal Bhutto Zardari as 'Prince Charming' and expressed, "We want to assure you that our endeavor is for all Pakistanis, for the nation, and for future generations. Our goal is to lead Pakistan out of its challenges. My sisters, mothers, and daughters will also join in prayer."