Pakistan’s journey towards economic stability is linked to the stability of its political institutions. The nation has experienced periods of political volatility, characterized by democratic transitions, military coups, and civil unrest. Investor confidence, a linchpin of economic stability, is particularly sensitive to political turbulence. Fluctuations in government policies, coupled with the spectre of abrupt regime changes, deter long-term investment, stunting economic growth and exacerbating unemployment and poverty.
Moreover, Pakistan’s political instability has bred governance challenges, including corruption, weak institutions, and regulatory inconsistencies, which undermine economic stability. Such impediments inhibit entrepreneurial endeavours, stifle innovation, and perpetuate a cycle of underdevelopment. Moving forward, Pakistan must foster enduring political stability to unlock its economic potential and propel sustainable development. Efforts to combat corruption, enhance the rule of law, and improve governance are also paramount to creating an enabling environment for economic growth and investment.
Danyal Habib
Islamabad
My friend and I were travelling by metro bus in Islamabad. The bus was not crowded and everyone was seated as we were...
Foreign Minister Ishaq Dar is reportedly trying to convince Chinese investors to invest in labour intensive industries...
Pakistan’s wheat farmers are in a terrible situation. The current low price of wheat is causing financial hardship...
This week’s financial leaks have revealed Pakistanis, as of between 2020 and 2022, owned property worth an estimated...
The US government has allowed Americans to burn sacred texts, burn flags of other countries and even openly bad mouth...
Government Elementary School, Lal Bakhsh, Notkani is the oldest school in Union Council Pir Fateh Shah Taluka, Badin....
This letter refers to the news report ‘Classified papers on social media: Government to register cases under...
Nakba Day was held on May 15 (Wednesday) and serves as a catalyst for collective action, prompting individuals and...