It is unfortunate that despite being 75 years old, the country’s political and economic crisis is far from over. Leaders devoid of insight and sensitivity continue to exchange barbs in the Assembly as well as through press conferences using derogatory language towards each other, crossing all moral boundaries.

The political disarray and instability have impacted the economy as the dollar soared while the rupee continues to lose value and slid lower due to falling exports and depletion foreign exchange reserves. The IMF program on tough conditions and regulations has shaken the whole economic system and the turbulent political instability has further aggravated the situation to an alarming state to come if incompetence continues to haunt economic policies

Under such circumstances, political parties must exercise restraint and take serious steps to break this deadlock that has shrouded the clouds of uncertainty. People are more concerned with the state and fear of default than their political parties or the dirtiest political conspiracies and tactics to stick to the halls of power.

Read more: Pakistani politics: game or serious business?

They have almost forgotten their role as reformers and problem solvers and have instead created such a mess that is deteriorating the situation with each passing day. Mainstream parties such as PPP, PML-N and JUI have joined hands to defend their overtures, whether by hook or by crook. Their coalition of 15 parties seems to be at loggerheads with the PTI because they have forgotten their national role in getting the people out of the crisis. The PTI is under the radar of the ruling coalition as the Imran Khan-constructed narrative has sprinkled their political future.

The tried and tested parties gained power through conspiracy, although they claim to have the legitimate right to rule the country by changing the NAB laws and disenfranchising Pakistanis overseas, fearing that the extension of the right to vote and the EVM does not take them. corrupt elements out of the running for elections.

Since they are well aware that overseas Pakistanis have strong support for the PTI, they therefore want them excluded from the electoral process. The evil designs of this rejected class are perfectly clear that they are not sincere with these expatriates whose Pakistani economy enjoys strong support.

Revenge policy

Furthermore, the governance crisis in Pakistan’s largest province – Punjab – has further aggravated the situation. Since the resignation of CM Usman Buzdar, Punjab has been ruled either on an ad hoc basis without any government or in trust. Musical chairs between Hamza Shahbaz and Chaudhry Pervez for Punjab’s top spot have already spoiled the situation and created a political crisis. Although the Supreme Court ruling in favor of PTI candidate Chaudhry Pervez Ellahi has so far cleared the air for now.

Fortunately, the PTI and PML-Q coalition managed to install their government in Punjab and win the positions of President and Vice President. However, the PML-N led coalition contested the election of the President of the High Court, which also raises alarms if the High Court declares the election of the President null and void.

It is incomprehensible that on the one hand, the PTI demands general elections to bring political and economic stability to the country, but on the other hand, it wants to hold the provincial governments of KPK and Punjab. Above all, after regaining power in Pakistan’s largest provinces, the PTI seems to have given up on its demand for a general election.

Read more: Why free and fair elections are the only solution for Pakistan?

The current constitutional crisis is far from over as the PTI and PDM led coalitions are at loggerheads and doing their utmost to destabilize the PTI government in Punjab province as without him the coalition appears to be limited to the Federation as the PTI has the KPK government and Punjab Province.

The politics of revenge, opposition, ego and stubbornness have shaken the very roots of the country. The economic and political crisis seems to have no sign of ending given the polarized and selfish nature of the leaders.

The political imbroglio born of the motion of censure is far from over since it deepens day by day.

Serious concern for Pakistan

The leadership crisis is evident in the current situation where the dollar is rising against the rupee and the depletion of foreign exchange reserves is raising alarm bells for the country, but our political parties, devoid of sensitivity, continue to fight over lust for power or the throne.

The political theater has opened many fronts that increase the risky journey ahead, including electoral reforms, delimitation, falling rupiah, terms of engagement with the IMF program, and efforts to secure the IMF tranche. Even the army chief has approached the United States to expedite the release of the tranche so that the emerging economic crisis can be addressed and the decline in foreign exchange reserves can be increased.

Rising fuel prices have already created inflation that is costing ordinary men dearly, but the so-called ruling coalition parties are only baring their teeth at mass rallies that all is well. Their non-serious attitude shows that they won’t bring any relief to everyday people. They are concerned about the power and want to keep it for a long time because they think that the PTI after the saga of mass resignations are out of competition and they will not know any opposition because the PTI does not think of returning to the Parliament by calling the coalition multiparty like a mixed pickle.

Read more: Early free elections can save the country from disaster: Dr. Moeed Pirzada

The PTI qualifies the coalition as an imported government since it was formed with external support. If the PTI deputies return to the Assembly, they will feel that on their government benches they will find these criminals who have either been convicted or sentenced.

Meanwhile, the acceptance of 11 PTI MPs by the Speaker of the National Assembly and their subsequent notification of denotification by the Election Commission of Pakistan has added fuel to the fire in an already polarized and turbulent political situation.

Fearing the unfavorable ruling in the alleged foreign funding case by the Election Commission of Pakistan, the PTI passed resolutions in the Punjab and KPK assemblies demanding the resignation of the Chief Election Commissioner. Even the PTI has decided to register a reference in the Supreme Court of Pakistan against the Chief Election Commissioner Sikandar Sultan Raja and his members.

The establishment being neutral or apolitical must come forward to unite political forces so that the strategy is designed to revive economic growth and prevent the rupee from losing further value. The judicial system works very well as it is proactive in helping to prevent the country from falling prey to tumultuous political and constitutional crises.

Political leaders have their priorities rather than those of national interest that cause the economy and stock market to crash.

Read more: SBP measure to cool the heated economy

The political debacle that unleashed in the Punjab Assembly has engulfed the entire country since all coalition parties lobbied for the full court to hear the case of Deputy Speaker Mr Dost Mohammad Mazari regarding the letter alleged PML-Q party leader calling on MPAs to vote for Hamza Shehbaz instead of parliamentary party candidate Chaudhry Pervez Illahi who had an overwhelming majority in the House with 186 votes against Hamza with 179 votes. But it was overruled by the Supreme Court stating that the full bench is not needed to decide the case and decided the case in favor of Chaudhry Pervez Illahi, calling the Vice President’s decision null and void.

Putting Pakistan on the Right Track

Since then, the political climate has become very hot and the coalition government led by the PML N has pressured the ECP to announce cases of foreign funding of the PTI to continue their political rivalry as they want the PTI be banned and Imran Khan condemned for receiving funding from Israel and India. Their reliance on the outcome of the PTI foreign funding case targets a political rivalry with PTI leader Imran Khan and his party due to his corruption narrative.

The decision was reserved for eight years but finally it is announced after the ruling coalition exerted too much pressure on the Election Commission of Pakistan. The PTI will eventually challenge the decision. Political analysts are of the opinion that the political crisis will deepen further and further aggravate economic conditions and the fall of the Pakistani rupee against the dollar.

It is the need of the hour to have the economy charter and to reach consensus to hold early general elections so that the economic and political situation can be stabilized with a new simple majority government whatever he be.

Concerns and fears predict that ECP’s sudden decision to announce the case of foreign funding will create the worst political crisis that will jeopardize the economy and provide an opportunity for the country’s enemies to conspire against the fragile situation.

Read more: ECP reveals polling schedule for PTI’s nine vacant NA seats

Hopefully whatever happens will not have any negative effect on the messy political arena of the country as the economic crisis, rising electricity tariffs and runaway inflation which have already taken a toll on the lives of men Ordinary miserable and uncertain situation presenting gloomy outlook which is dangerous for the country.

It is imperative that all parties sign an economic charter so that economic conditions can be improved. It is in the national interest to have an apolitical COE that can get the economy back on track.

Abdul Rahman Malik is a policy researcher, governance specialist and development sector professional. He has worked for the Asian Development Bank and other national and international development organizations. The opinions expressed in this article are those of the author. own and do not necessarily reflect the editorial policy of Global Village Space.