Economic cost of impeachment

ISLAMABAD - Confrontational politics of the ruling coalition’s decision to impeach President General (r) Pervez Musharraf, that too, in a teasingly slow manner, has virtually choked Pakistan’s already vulnerable economy while escalatory turbulence in the course ahead would cost more.

Independent economists, analysts, and traders were unanimous in the opinion that there is an involuntary moratorium on economic activity. Although the actual economic impact of the ongoing political turbulence would figure out in the next periodical financial reporting, the daily wagers and fixed income classes are forced to bear out the brunt of economic slow down then and there.