Zardari to lift Governor's rule in Punjab: Pak media

Islamabad: Buckling under intense domestic and international pressure, Pakistan President Asif Ali Zardari on Friday decided to lift Governor's rule in Punjab and allow the main opposition PML-N to form government in the politically-crucial province, local media reports said.
This came after the beleaguered Zardari was put on notice by the US, which reportedly gave him a 24-hour ultimatum to ease the simmering political crisis in Pakistan amid speculation that a deal brokered by Washington and the UK in consultation with the Pakistan army had been conveyed to the government.
After holding back-to-back meetings with Premier Yousuf Raza Gilani and army chief Gen Ashfaq Parvez Kayani, Zardari was ready "in principle" to end Governor's Rule in Punjab, imposed on February 25 after the Supreme Court barred PML-N leaders Nawaz and Shahbaz Sharif from holding elected office, Dawn News channel quoted official sources as saying.
However, there was no official word on the development.