Business

With PTI fading, ruling coalition’s differences become more apparent

Islamabad, June 20, 2023 (PPI-OT): Saifuddin Sheikh, Executive Director of Pakistan Economy Watch (PEW) on Tuesday said the ruling coalition has taken a sigh of relief after the threat of PTI has been removed. Now the coalition partners have started putting their hands on each other's throats instead of efforts to improve the country's economy, he said. Saifuddin Sheikh said that the politicians who claimed to bring the country's economy out of trouble are creating instability for their own interests, which worries the business community.

In a statement issued here today, he said that the political temperature should be lowered instead of raised in the national interest. There is still some time left in the term of the National Assembly, but the differences among the ruling coalition are increasing, and their leaders have started speaking against each other in public, he said. Instead of talking about their reservations on the Cabinet meetings, threats are being made in public. Foreign Minister Bilawal Bhutto threatened to resist approval of the budget if funds are not allocated for the rehabilitation of the victims of the Swat floods.

After the election of Azad Kashmir, the leadership of PML-N is accusing PPP of rigging, Jamaat-e-Islami is frequently accusing PPP of rigging the election of Mayor of Karachi. Jamaat-e-Islami is bringing its war to Islamabad while its leadership and MQM are not ready to accept the results of census, he observed. JI’s Naeem ur Rehman has said that his party would stage a massive protest outside the ECP office in Islamabad on June 23 against the PPP government’s alleged use of force to win the Karachi mayoral election.

The JI says that it will continue to protest unless the elections are declared invalid and all the mistakes are rectified. Sheikh said that if the major leaders of the ruling alliance do not blame game, this alliance will be disintegrated, which will again spread chaos in the country, which will be difficult to control even through elections.

For more information, contact:

President,

Pakistan Economy Watch (PEW)

402, 4th Floor, Gulistan Khan House, Fazal-e-Haq Road,

82-East, Blue Area, Islamabad

Tel: +92-51-2510375

Fax: +92-51-2802449

Cell: +92-321-5157671

Email: president@pakistaneconomywatch.com

Web: www.pakistaneconomywatch.com