President Pakistan Businessmen and Intellectuals Forum (PBIF) and former provincial minister, Mian Zahid Hussain has said that due to continued political instability Pakistan is facing crisis after crisis which has taken a toll on the masses and the economy
Karachi (Pakistan Point News / Online - 04th December, 2019) ,President Pakistan Businessmen and Intellectuals Forum (PBIF) and former provincial minister, Mian Zahid Hussain has said that due to continued political instability Pakistan is facing crisis after crisis which has taken a toll on the masses and the economy.Talking to the business community on Wednesday, the business leader said that never in the history of the country we have seen such Constitutional, the political and economic crisis which is barring the government to fulfil its agenda.
He said that those who considered that honest leadership can fix everything are not silent as this experience has also failed.The former minister noted that after every two or three years country is faced with a balance of payment crisis, fiscal deficit or economic downturn which is unfortunate. He said that the country is running without proper economic direction since independence.Pakistan is far behind the countries which used to view this country as a model for their development which includes India, Bangladesh, Sir Lanka, Vietnam and many others.
He noted that the majority of the government prefer artificial development over real development which results in one crisis after another.The politicians have also decided to remain divided which has resulted in stunted growth, instability, extremism, and differences keeping the country underdeveloped. He said that Pakistani and Indian societies were facing many differences and constrictions at the time of independence. India tackled divisions in a way to trigger its growth which Pakistan ignored issues like religious and social differences, the class system and lack of balance.India and Bangladesh kept nobility in control while we planned everything to support the nobility pushing country is debt trap.He said that only way to become self-reliant is to reduce frictions in the society for which responsibility lies on the shoulders of the political class.
