I would like to draw the attention of our concerned authorities to the dire condition of political stability in our country. Political instability has significantly hampered Pakistan’s economic growth over the years. Frequent changes in leadership, civil unrest, and a volatile security situation have created an atmosphere of uncertainty that discourages foreign investment and hampers domestic economic activities. The country’s political landscape, marked by power struggles and corruption allegations, often leads to policy inconsistency and delayed decision-making, further eroding investor confidence. This instability also diverts government attention and resources away from implementing long-term economic reforms, hindering efforts to address issues such as poverty, unemployment, and infrastructure development.
Moreover, the security challenges associated with political instability have detrimental effects on trade and commerce. Frequent protests, strikes, and demonstrations disrupt daily business operations, causing supply chain disruptions and increasing costs for businesses. The prevalence of terrorism and internal conflicts not only deters foreign investors and tourists but also necessitates significant government spending on security measures, diverting funds from essential sectors like education and healthcare. The lack of political stability also negatively impacts credit ratings, making it difficult for Pakistan to access international markets and secure favourable borrowing terms. Overall, the intertwined relationship between political instability and economic growth remains a pressing concern for Pakistan’s development.
RAKHSHI AFTAB,
Karachi.