Soon after elections it seem that all on going economic development is no more going on that way. Soon after the elected democratic government came into power instead of they pay attention to the issues which are critical to the well being of Pakistani people the coalition partners seem to be involved in activities to empower them selves. Soon after being elected every one as usual forgotten the promises.
Every one was in a race to throw the Musharraf out to restore so-called democracy. This all result in lack of confidence of foreign investors. Also stock exchange and worth of local currency rupee ineradicably gone down. Now after Musharraf is gone, the coalition between "Pakistan Muslim League Nawaz (PMLN)" and "Pakistan Peoples Party Parliamentarians (PPPP)" broke up and they are now in race of getting the president seat. For this, former coalition parties now seem to have their own presidential election.
The general perception was that the zardari PPPP's candidate for "president" seat and x co-chairman of PPPP will be elected as they are the biggest party around. But now it seems the talks are going on between PMLN and PMLQ are going on and they can come up with a common candidate which will definitely unsettle zardari's the chance of being elected.
Anyways as described above this political instability caused the on going downfall of economy. The confidence of investors jolted and now results are the decreasing foreign exchange, no business in stock exchange and deteriorating currency.
More over the electric load shedding effected the most of industries and made the situation even bad. At least government should address this issue.
Now what I think is we can go back to the track of economic development and prosperity if the elected candidates of all parties work together and instead of letting each other down address the key issues and get country back to the economic development track.
May Allah (God) Bless us all and put us back to the track of economic development. And I have solid hopes this will be done and we will again rise.
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