Former President Pervez Musharraf, of the Islamic Republic of Pakistan, has vacated the presidential home of Aiwan-e-Sadr after stepping down from the office of President. On Monday Fahmida Mirza, Speaker of the National Assembly of Pakistan, signed and accepted the resignation of President Musharraf.
—Pervez MusharrafHe was accorded a guard of honour before leaving the President’s House. President Musharraf resigned after remaining in power for nine years.
He had been facing impeachment on charges of violating the constitution and gross misconduct. The movement to impeach Pervez Musharraf was an August 2008 attempt by the Pakistan Peoples Party, the Pakistan Muslim League, Awami National Party, and Jamiat Ulema-e-Islam to force Pakistan's President Pervez Musharraf out of office. 
Pervez Musharraf announced his resignation at 13:00 Local time (07:00 UTC) in a televised address to avoid impeachment. In it, Pervez Musharraf explained in Urdu language his reasons for resigning.
"If I was doing this just for myself, I might have chosen a different course," Musharraf said, early in the speech. "But I put Pakistan first, as always," he continued. "Whether I win or lose the impeachment, the dignity of the nation would be damaged, the office of the president harmed."
Just three days ago, the chief spokesperson for Pervez Musharraf denied reports that came out 14 August, 2008 indicating that the president would step down within days.
Before departing, President Pervez Musharraf met with many important figures including General Ashfaq Pervez Kayani, the Chief of the Army Staff, and Air Marshal Tanvir Mehmoodand, Chief of Air Staff. President Musharraf says he has no plans to leave the country and will remain with his family in Islamabad.
Chairman of the Senate of Pakistan, Muhammad Mian Soomro, took over as Acting President of Pakistan after the departure of President Pervez Musharraf's.
The Secretary Election Commission of Pakistan, Kanwar Dilshad, announced on August 22, 2008 that the presidential election will be held on September 6, 2008. The Central Executive Committee of Pakistan People’s Party has nominated the Pakistan People's Party Co-chairman, Asif Ali Zardari for the post of president of the Islamic Republic of Pakistan.

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Pakistan's President Musharraf resigns; new elections to be held