The Political Agitation & Economic Depression In Pakistan

Uncertainty is one of the elements that make even probability of success or failure in anything. Pakistan is about to celebrate 68th year of independence still after years of freedom it is full with surprises & rich in uncertainty. At the time of independence, it was supposed to be welfare Islamic state, but after years of independence, if we look at the overall situation of major sectors like power, employment, security, food, education, agriculture, economy supposed to be backbone of country are suffering from severe crisis.

If we lookout for the core factor worsening the situation of almost all the sector is ‘Politics’. In terms of definition politics is the composition of activities & practices of the people of state for the acquisition of power and government affairs, but the culture of Pakistani politics tells different story. After the elections of 2013, the political tug of war between two status quo parties shattered rest of the economic stability left after the destruction of terrorism. One to one tension between Pakistan political parties comes both at national as well as provincial level, which are as follows:

1. Pakistan PTI accused another political group PML-N for alleged rigging both at federal and provincial level. 
2. The settled and unsettled matters between PPPP & MQM for Sindh’s devolution of power.
3. Political tension between ANP and MQM for the manifestation of power.

Country had situations after the announcement of protest by PTI:

• It was due to proclamation before the start of protest, the Karachi Stock Exchange (KSE) closed on 666.24 down points. 
• UN Human Development Report 2014 revealed that Pakistan has 146th among meager income countries, this situation would have been more after violence.
• Last year, Sustainable Development Policy Institute (SDPI) released poverty survey, which mentioned that 58.7 million people are living their life under the menace of multidimensional poverty among which 46 % are rural and 18% are urban, certainly, after nonviable economic situation, indicators were not in good position. 

When political situation of the country got unstable after the start of protest, revival & continuity of economic policies became uncertain. Consequently, it reduced the investment and productivity in the economy. As political instability further increased after violence in protest, it grew unrest in the form of strikes and demonstrations at public level that ceased the economic growth routine of firms & markets. By the persistence of bad political situation, prices of fuel got height that also increased the prices of consumable items of daily use by decreasing the purchase power of common person. Such situation also boosted inflationary rate, unemployment, civil disobedience, national harmony and many other problems.

Suggestively, political leaders are the asset of homeland, so it makes them responsible about critical condition. When a political circumstance of the country goes worse, then economic condition gets a shape seen last eight years, along with nation that is in state of war since eleven years to combat the menace of terrorism.

After all this, elections for local government, by-elections and results on election dispute are pending from Supreme Court of Pakistan. Fluctuations in the electoral temperature also oscillates the economical condition of country, in such situations, political parties should play a responsible role to protect economy from down phases.