BR100 Increased By (0.77%)
BR30 Increased By (0.54%)
KSE100 Increased By (0.67%)
KSE30 Increased By (0.69%)
AGHA 7.78 Increased By ▲ 0.03 (0.39%)
BECO 5.19 No Change ▼ 0.00 (0%)
BML 57.59 Decreased By ▼ -1.07 (-1.82%)
BOP 34.23 Increased By ▲ 0.54 (1.6%)
CNERGY 10.73 Increased By ▲ 0.12 (1.13%)
CSIL 5.43 Increased By ▲ 0.13 (2.45%)
FCCL 54.86 Increased By ▲ 1.12 (2.08%)
FFL 16.72 Increased By ▲ 0.26 (1.58%)
FNEL 1.24 Increased By ▲ 0.02 (1.64%)
KEL 7.44 Increased By ▲ 0.16 (2.2%)
KOSM 5.83 Increased By ▲ 0.19 (3.37%)
LOTCHEM 29.72 Increased By ▲ 0.07 (0.24%)
MLCF 95.70 Decreased By ▼ -0.66 (-0.68%)
NBP 203.75 Increased By ▲ 0.22 (0.11%)
NCPL 57.99 Increased By ▲ 1.14 (2.01%)
NPL 69.03 Increased By ▲ 1.72 (2.56%)
OGDC 318.10 Decreased By ▼ -0.12 (-0.04%)
PACE 10.80 Increased By ▲ 0.17 (1.6%)
PAEL 43.04 Increased By ▲ 1.27 (3.04%)
PIBTL 16.88 Increased By ▲ 0.07 (0.42%)
PPL 221.30 Increased By ▲ 1.13 (0.51%)
PRL 51.65 Increased By ▲ 2.60 (5.3%)
PTC 70.80 Increased By ▲ 0.79 (1.13%)
SSGC 28.60 Decreased By ▼ -0.54 (-1.85%)
TBL 9.90 Increased By ▲ 0.13 (1.33%)
TELE 8.87 Increased By ▲ 0.05 (0.57%)
TPL 18.26 Increased By ▲ 1.09 (6.35%)
TPLP 12.96 Increased By ▲ 0.45 (3.6%)
TREET 22.71 Increased By ▲ 0.12 (0.53%)
TRG 59.99 Decreased By ▼ -0.23 (-0.38%)

A wave of despondency pervades the entire country because of growing political instability that has been exacting its toll on economy day in, day out.

Rising inflation and price hike have broken the backbone of common man who is increasingly finding it extremely difficult to have just enough money to pay for the things—particularly food—that he desperately needs.

In other words, millions of people in this country are finding it difficult to make ends meet. Their faces bear the expression of hopelessness and dejection. The Pakistan Democratic Movement (PDM) government has failed to arrest the country’s economic slide.

The economic situation was pretty bad in the tenure of previous government. Unfortunately, however, the incumbent government is making the economic mess worse, so to speak. The question is whether immediate general election will help fix the economic mess besetting the country.

Frankly speaking, I do not think things will improve even after the installation of a new government because we are afflicted by a certain disease that is untreatable and incurable. In sum, there appears to be no light at the end of this tunnel. There’s a mood of gloom across the country, to say the least.

Farzana Wasti (Islamabad)

Copyright Business Recorder, 2022

Comments

Comments are closed for this article.