The political atmosphere of the country is charged. The government and the opposition parties are trying to settle scores in courts, roads and elsewhere. The biggest casualty of the political showdown is the economy. It appears the political elite in cahoots with hidden hands is bent upon spoiling the peaceful atmosphere of the country whether it is law and order or the economic stability. The countries of the world are making progress with leaps and bounds whereas politicians in Pakistan are sparring with one another for political gains. Another tug of war is going on within the leaders of several political parties and this has created a worst scenario for the business community. When political elite fights for their vested interested, it paves the way for unscrupulous elements to carry out their nefarious activities scot-free. The fact of the matter is that no one has the time to consider national interests and no one will be interested in investing in Pakistan in this situation. Political instability not only affects the GDP growth, but also living standard of the people and it sends wrong signals to the world community.
The current political mess has shacked the whole economic environment of the country, including the Pakistan stock exchange which has lost 2,000 points in a few days. Earlier, the stock exchange was showing better performance than China and India with market capitalisation of Rs 7.2 trillion, but lost over Rs 2 trillion in few days of the conflict. The foreign direct investment has also declined from $114 million to $92 million in one month. This is the dilemma of this country that whenever the economy reaches a takeoff position, something unusual happens and every gain is lost.
The current political chaos clearly points out that the biggest problem of the country is not corruption, energy crisis, mismanagement or terrorism but the mindset of the political elite.
Most of the individuals of the political elite want to misuse national wealth for vested interests without any tinge of conscience or shame and this is the root cause of every problem. Unless the elite class, which has the money and resources, changes its mindset and comes out of its closet, the dream of prosper, progressive and developed nation would never come true. The programme like Vision 2025 will rendered useless in this situation and export package of Rs 180 billion will also end in smoke.
