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The Richest political parties of Pakistan and their wealth

The Richest political parties of Pakistan and their wealth

*ISLAMABAD: Ruling Pakistan Tehreek-e-Insaf (PTI) emerged as the richestpolitical party of the country as the Election Commission of Pakistan (ECP)released details of the assets of 81 political parties, ARY News reportedon Tuesday.*

After PTI, Pakistan Muslim League-Nawaz is the second richest among thepolitical parties of Pakistan. Pakistan People’s Party holds third positionin worth of assets.

According to the election commission, PTI owns assets worth Rs316.6million. The party’s fortunes received a boost of Rs220 million in oneyear, the ECP disclosed in record it released.

A certificate from the party states that the PTI did not receive anyfunding from any prohibited source. The PTI received Rs65.8 million fundsfrom Overseas Pakistanis. It got Rs49.2 million funds from the OverseasPakistanis settled in Britain alone.

The party also received Rs12.6 million donations from the compatriotsliving in United States, according to the details released by the ECP.

The PTI has also declared its six bank accounts to the ECP.

Former ruling party PML-N have assets worth Rs253.377955 million. The partyearned an amount of 119.7 million from issuing party tickets for elections.The PML-N financial fortunes increased by 20 million in a year.

The PPP have a bank balance of over Rs.167 million and it received anamount of 93.7 million while issuing tickets to the party’s electioncandidates, the ECP details suggest.

Pakistan Muslim League-Quaid (PML-Q) owns assets worth over 49.9 millionrupees, according to the ECP details. Religio-political partyTehreek-e-Labbaik Pakistan have assets worth five million collected indonations from members and sympathizers.

Shaikh Rashid led Awami Muslim League is the poorest among Pakistan’spolitical parties with assets having worth of 1,38,000 rupees.

Jamaat Islami have financial fortunes to the tune of Rs106.3 million, whileMQM-Pakistan have a financial worth of Rs17.5 million, the record releasedby the ECP said.