BR100 Decreased By (-0.08%)
BR30 Increased By (0.08%)
KSE100 Decreased By (-0.11%)
KSE30 Decreased By (-0.2%)
AGHA 7.53 Decreased By ▼ -0.10 (-1.31%)
BECO 5.11 Decreased By ▼ -0.46 (-8.26%)
BML 58.30 Decreased By ▼ -1.44 (-2.41%)
BOP 34.58 Increased By ▲ 0.18 (0.52%)
CNERGY 13.68 Increased By ▲ 0.57 (4.35%)
CSIL 6.30 Decreased By ▼ -0.11 (-1.72%)
FCCL 57.55 Decreased By ▼ -0.51 (-0.88%)
FFL 16.50 Increased By ▲ 0.27 (1.66%)
FNEL 1.20 Decreased By ▼ -0.01 (-0.83%)
KEL 7.36 Decreased By ▼ -0.07 (-0.94%)
KOSM 5.98 Decreased By ▼ -0.05 (-0.83%)
LOTCHEM 27.51 Decreased By ▼ -0.16 (-0.58%)
MLCF 101.93 Decreased By ▼ -0.82 (-0.8%)
NBP 203.29 Decreased By ▼ -1.77 (-0.86%)
NCPL 60.47 Increased By ▲ 0.84 (1.41%)
NPL 69.80 Increased By ▲ 1.24 (1.81%)
OGDC 318.48 Decreased By ▼ -0.44 (-0.14%)
PACE 11.12 Increased By ▲ 0.07 (0.63%)
PAEL 42.86 Decreased By ▼ -0.24 (-0.56%)
PIBTL 16.72 Increased By ▲ 0.09 (0.54%)
PPL 230.62 Increased By ▲ 1.17 (0.51%)
PRL 76.73 Increased By ▲ 5.93 (8.38%)
PTC 71.18 Increased By ▲ 0.18 (0.25%)
SSGC 27.10 Decreased By ▼ -0.31 (-1.13%)
TBL 10.28 Decreased By ▼ -0.03 (-0.29%)
TELE 8.56 Increased By ▲ 0.03 (0.35%)
TPL 23.59 Increased By ▲ 0.53 (2.3%)
TPLP 15.45 Decreased By ▼ -0.31 (-1.97%)
TREET 24.51 Decreased By ▼ -0.20 (-0.81%)
TRG 60.09 Decreased By ▼ -0.20 (-0.33%)
BR Research

In charter(ed) waters again

Published Updated

The Finance Minister Ishaq Dar has repeated his call for consensus on economic priorities and agenda, asking for what he terms Charter of Economy. Noble idea indeed and it has also got traction from various circles, including this column. Although, not even a sketch of what can a charter of economy look like has come from Dar, references to the famous Charter of Democracy (CoD) have repeatedly been made in the context.

It has been a little over eleven years since the CoD was penned, and besides the occasional acknowledgement of the passing of 18th constitutional amendment, the true spirit seems to have lost somewhere. There is little denying that the 18the constitutional amendment is indeed the brainchild of the CoD signed back in 2006, and has undoubtedly served Pakistan for the better.

How much of progress has been tracked since? Since the two signatories have been in power respectively, questions should be asked why CoD remains an unfulfilled agenda even after a decade. That the democracy has continued, almost uninterrupted, for two consecutive tenure, is no short of an achievement itself and credit be given to the political class and even to the CoD if insisted.

But continuation of the system alone was not the entire CoD. It promised much more towards reforms, justice, governance, accountability, impartiality, truth and reconciliation what not. Apart from achieving a few reserved seats, doing away with the graduation criteria for contesting elections, consensus appointments of caretaker and ECP setups, there has not been much progress on other promised fronts.

There should be no excuses for not been able to let alone achieve, even look remotely close to achieving the CoD targets. Without doubting the intent of the CoD signatories, it increasingly appears that the low hanging fruits have so far been the only ones, plucked.

Now when the Charter of Economy is being talked up, they must remember, Pakistan is not a two-major party’s political system anymore. Inclusiveness is what will be needed for anyone to term it a true charter. And if Dar wants it to happen before the next general elections, it already seems late for the discourse to not have started.

Copyright Business Recorder, 2017

Comments

Comments are closed for this article.