BR100 Decreased By (-0.6%)
BR30 Decreased By (-1.18%)
KSE100 Decreased By (-0.49%)
KSE30 Decreased By (-0.44%)
AGHA 6.70 Increased By ▲ 0.02 (0.3%)
BECO 4.36 Decreased By ▼ -0.01 (-0.23%)
BML 56.50 Decreased By ▼ -0.82 (-1.43%)
BOP 30.07 Decreased By ▼ -0.28 (-0.92%)
CNERGY 12.98 Decreased By ▼ -0.14 (-1.07%)
CSIL 5.33 Decreased By ▼ -0.08 (-1.48%)
FCCL 52.10 Decreased By ▼ -0.69 (-1.31%)
FFL 14.54 Decreased By ▼ -0.18 (-1.22%)
FNEL 1.24 Increased By ▲ 0.12 (10.71%)
KEL 6.12 Increased By ▲ 0.03 (0.49%)
KOSM 5.94 Increased By ▲ 0.21 (3.66%)
LOTCHEM 26.20 Decreased By ▼ -0.26 (-0.98%)
MLCF 91.45 Decreased By ▼ -1.71 (-1.84%)
NBP 163.98 Decreased By ▼ -0.68 (-0.41%)
NCPL 53.68 Decreased By ▼ -1.98 (-3.56%)
NPL 58.89 Decreased By ▼ -2.27 (-3.71%)
OGDC 314.50 Decreased By ▼ -2.23 (-0.7%)
PACE 9.84 Decreased By ▼ -0.03 (-0.3%)
PAEL 35.19 Decreased By ▼ -0.44 (-1.23%)
PIBTL 14.76 Increased By ▲ 0.08 (0.54%)
PPL 222.39 Decreased By ▼ -4.52 (-1.99%)
PRL 91.30 Decreased By ▼ -1.72 (-1.85%)
PTC 59.06 Decreased By ▼ -1.20 (-1.99%)
SSGC 23.23 Decreased By ▼ -0.58 (-2.44%)
TBL 8.75 No Change ▼ 0.00 (0%)
TELE 7.60 Decreased By ▼ -0.20 (-2.56%)
TPL 22.03 Decreased By ▼ -0.32 (-1.43%)
TPLP 12.65 Decreased By ▼ -0.32 (-2.47%)
TREET 21.85 Decreased By ▼ -0.31 (-1.4%)
TRG 56.45 Decreased By ▼ -0.11 (-0.19%)
Opinion Print edition: 2022-11-26

Economic growth, political stability

Published Updated

Obligingly, President Arif Alvi has signed the summary and approved the appointment of Lt-Gen Sahir Shamshad Mirza as chairman of the Joint Chiefs of Staff Committee and Lieutenant General Asim Munir as the next chief of army staff.

This development is widely seen as a move to end speculation that had woefully added to political uncertainty and undermined investor confidence. We must not lose sight of the fact that the forces that are inimical to the interests of our country immensely benefit from our political instability, poor rule of law, beleaguered infrastructure and absence of genuinely required education and healthcare systems. Hence the need for fostering political stability and social cohesion at the earliest. In this regard, it is heartening to note that the country has an army chief who recognises the value and imperativeness of a robust economy and viable political stability which are sine qua non of any country’s defence prowess.

Rashid Hashmi (Karachi)

Copyright Business Recorder, 2022

Comments

Comments are closed for this article.