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Home Op-Ed Editorial

Need to sign charter of economy

byDr. Aftab Afzal
06/04/2018
in Editorial, Latest News, Op-Ed
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Keeping in view persistent economic crisis, there is a need to write a new narrative or sign a charter of economy to ensure continuity of the government policies for sustainable development of the country. At a time the nation is facing political polarization, administrative failure and mismanagement, the leaders of main political parties need to find common grounds to write the narrative for prosperity and development of the nation. The other countries in the region are developing their economies, leaving aside political differences, but everyone harps on his own tone in case of Pakistan. The political leaders, who die in harness in the grief of the nation, have no democracy within their parties and they act not less than any dictator in their respective domains. It is an open secret that none of the political parties has a team of technocrats, financial experts or economic managers. All those heading the so-called mainstream political parties have the army of unqualified or disqualified lot to get showers of praises from them and speak foul against their opponents. Economy is the main issue of this country, but life moves around politics in Pakistan.

There is a need to concentrate on the development of the economy, but none of the politicians is interested in it. As a result, when a political party comes to power, it adds its share of confusion in the administrative affairs of the country. The political parties need teams of highly qualified persons to run the government affairs, but all they gather are the packs of lackeys and sycophants around them. This results in failures after failures at the end. The uneducated lot of politicians will never be able to write a narrative for the development of the country. The economy of not only of the region, but also of the world is changing and new entrants are expected to become new economic giants in next decade. Pakistani economy is resilient but every government department is bent upon pulling down the economic growth due to corruption. The political leaders should now prepare themselves for the future to carry out their responsibilities in befitting manners. Pakistan’s economic growth rate is recorded at 5.5 percent during the previous year and that also after a decade. The country requires at least 10 percent growth rate to bring itself at par with India and Bangladesh.

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