Politico-economic challenges


n March 3, questions being raised about legitimacy of his victory and overall transparency of the general elections held on February 8 notwithstanding, the National Assembly elected Mian Muhammad Shahbaz Sharif for a second time as prime minister of Pakistan. He secured 201 votes against 91 polled by the rival candidate, Omar Ayub Khan, a grandson of Field Marshal Muhammad Ayub Khan and son of the late Gohar Ayub, a former speaker of the National Assembly and foreign minister in the government of Pakistan Muslim League (Nawaz). Omar Ayub is a senior leader of Pakistan Tehreek-i-Insaf. Barred from contesting elections on the party’s symbol (cricket bat), like others he opted to join Sunni Ittehad Council after they won seats as independents.

Controversy around the election process has lingered even after elections of speaker, deputy speaker and premier. It appears that the disgruntled parties will continue to stage protests and voice their concern. Many unsuccessful candidates have already approached the Election Commission of Pakistan, the election tribunals and superior courts for redress of their grievances. Nonetheless, the prime minister is poised to select his cabinet soon. With that the new Executive will start functioning.

The country is faced with numerous political and economic challenges. The ordinary citizens are desperate for respite from the never-ending escalation of prices. Violations of the principle of separation of powers have not only undermined the governance system but also severely hampered the economy.

Pursuit of power, coupled with appointment of individuals based on personal affiliations rather than merit and the implementation of misguided policies have significantly diminished the purchasing power of an average citizen. As a result, businesses are struggling to stay afloat amidst soaring inflation and high policy rates, exacerbating the challenges faced by the populace. Moreover, bureaucratic red tape, a deteriorating law and order situation and compromised role of the Judiciary have........

© The News on Sunday