On Tuesday, Shah Mahmood Qureshi, Vice Chairman of Pakistan Tehreek-e-Insaf (PTI), was granted bail by an Islamabad court concerning charges related to attacks on state installations after May 9. These incidents occurred following the arrest of the PTI chief on corruption allegations. Qureshi, who was held for about a month, was released on bail until July 4 against a bond of Rs10,000.
Qureshi criticized the government’s budget proposal, stating that it violated the International Monetary Fund’s (IMF) conditions and predicted the country’s march toward default. He highlighted Pakistan’s appeal to China for an expedited refinancing of its maturing commercial loans worth $1.3 billion, warning of a dip in foreign exchange reserves if the loans aren’t refinanced promptly. Finance Minister Ishaq Dar has expressed difficulties in securing new loans due to the IMF’s stringent conditions.
 is released on bail and criticizes the federal budget proposal, claiming it violates IMF conditions. He emphasizes Pakistan's need for expedited loan refinancing from China.){kind=link}