Ahead of the formation of a new government in Pakistan, the Pakistan People's Party on Friday said that it would not conduct any 'witch hunt' against members of the previous pro-Musharraf Pakistan Muslim League-Qaid regime.

"The PPP doesn't want a confrontation with anyone. There are many problems confronting the country. The new government will have to tackle many challenges, including financial problems, terrorism and unemployment," said PPP spokesperson Sherry Rehman.

However, a Truth and Reconciliation Commission will be set up and parliamentary committees, including the public accounts, finance and economic committees, will be strengthened to ensure accountability, she said.

The PPP on Friday said that its chairman Bilawal Bhutto Zardari would announce the party's candidate for prime ministership by Saturday night.

The PPP also called for the summoning of the four provincial assemblies. "The National Assembly session has been called on March 24 to elect the prime minister. We hope the provincial assemblies will be convened as soon as possible," Rehman said.