Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Op-Ed Editorial

Economy in political turmoil

byDr. Aftab Afzal
12/07/2017
in Editorial, Latest News, Op-Ed
Share on FacebookShare on Twitter

The latest political turmoil shows how some elements have always remained busy in creating fuss and chaos across the country on one pretext or the other. The biggest challenge before the nation is economy which is not picking up to the desire levels despite all the indicators and variables are in its favour. The country is facing mega trade deficit, low industrial output, persistent energy crisis and terrorism. The people lack basic amenities of life such as potable water, health, education and security, but the political elite is busy in settling their personal scores. The biggest business of the political elite is politics and they have nothing to do with plight of the business community in the country. The elite classes have funds and resources to live luxurious life without doing anything and without any known resources of income and this has already created vacuums in various segments of society. It appears the politicians are forcibly pushing the economy to the downward trajectory and it is difficult to ascertain on whose agenda they are working. No sooner the economy shows signs of recovery, they start raising issues which most of the time are non-issues.

A media hype had been created during the last few months that the ruling family of the country is corrupt. However, the proverbial idiom“the pot calls the kettle black” also fits on those who are issuing the blemish statements against the family. The Joint Investigation Team, formed by the Supreme Court to investigate the corruption charges against the Sharif family, has found disparities in the family’s known sources of income and their actual wealth. As a matter of fact, this is not only the case of Sharif family, but also every third person of the country. Almost all the politicians are leading luxurious lives without any known source of income. As most of them are not from business community, they don’t pay taxes.

You might also like

Electricity price may rise as Discos seek extra fuel cost charge

18/04/2026

Pakistan returns to global markets with $500m Eurobond after four years

18/04/2026

However, the JIT statement confirms corruption as an open secret. The movement of illegal money within and outside the country is rampant and some of the government officials work in cahoots with criminal elements. The nation expects that action will be taken against corrupt elements whosoever they are within and outside the government and everyone should be made to pass litmus test of transparency in campaign against corruption. If a legal course is taken against Sharif family,the others should also be investigated and corrupt be given exemplary punishment.

Related Stories

Electricity price may rise as Discos seek extra fuel cost charge

byCT Report
18/04/2026

ISLAMABAD: Electricity consumers may face higher power bills starting in May, as power distribution companies have requested the national energy...

Pakistan returns to global markets with $500m Eurobond after four years

byCT Report
18/04/2026

ISLAMABAD: Pakistan has re-entered the international financial market after a gap of four years by successfully issuing a $500 million...

Faisalabad Customs promotes EFS to boost efficiency: Collector Dr. Rizwan Basharat

byCT Report
18/04/2026

FAISALABAD: Officials from Pakistan Customs have urged exporters to fully utilise the Export Facilitation Scheme (EFS), highlighting that businesses at...

Aurangzeb advance economic diplomacy, engages global partners in Washington

byCT Report
18/04/2026

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, concluded final day of IMF-WB Spring Meetings in Washington. He...

Next Post

Marble export stands at $39.46m in July-June 2017, dips 32%

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.