In a late night announcement, Pakistan People's Party and Pakistan Muslim League-Nawaz finally reached an agreement to establish a new coalition government in Pakistan after days of negotiations on Tuesday, party leaders said.
In a joint news conference late on Tuesday night, Pakistan People's Party (PPP) Chairman Bilawal Bhutto-Zardari announced that Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif is set to assume the role of Prime Minister again while PPP co-chairman Asif Zardari is slated to become the country's next President.
"The PPP and PML-N have achieved the required number, and [now] we are in a position to form the government," Bhutto-Zardari was quoted as saying by Geo News.
The announcement came a day after the latest round of talks between the top leaders of the two parties ended inconclusively on Monday as both sides failed to reach a consensus on a power-sharing formula to form a coalition government at the centre following a fractured verdict in the February 8 election.
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