Dear Editor
Why is Pakistan facing economic challenges in recent years? The answer is political instability in Pakistan. Some months ago, when “Donald Trump “ became the president, and the new elections will be called after three years in the USA when this government will complete his tenure. But in Pakistan there is a reverse process: prime ministers were changed before their tenure. This is the major cause of political instability in Pakistan, which creates economic damage in Pakistan.
From 1947 to 2024 there has been no prime minister who has completed his tenure. This frequent change in prime ministers creates political and economic instability in Pakistan, when one prime minister is removed, then the development projects of that government remains in complete, because of that immature activity, Pakistan is facing economic problems, and it weakens the public institutes and GDP of Pakistan.Because of changes in prime ministers, now countries are not willing to invest money in Pakistan because of slower economic growth, and this activity creates any problems, like job depression, inflation and unemployment. When one government switches to another then the new government applies their own fiscal policies which slow down the country’s economy.
This removal of prime ministers creates doubts in voters’ minds and the public have thoughts that leaders are selected not elected. In 2022 when Imran khan was prime minister the GDP growth rate was 4.77% then suddenly the government changed and GDP growth rate went down from 4.77% to 0.3%.
To address these problems political parties should take some steps to tackle these serious issues like government instability and make decisions which go in the country’s favor.
Musabullah Memon
Shikarpur