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Political stability crucial for economic growth: Malik

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SAARC Chamber of Commerce and Industry, former President Iftikhar Ali Malik Sunday laid emphasis that political stability is crucial for achieving sustainable economic growth and at this crucial time country cannot afford politics of agitation and confrontation.

Commenting here today on prevailing political situation,he said a stable political environment is necessary to attract both domestic and foreign investment, which are essential for revitalizing the economy and improving the livelihoods of millions. He further pointed out that economic development and prosperity are closely linked to political certainty, without which long-term planning and policy implementation suffer.

He urged all political stakeholders to prioritize the national interest above individual or party agendas.

Instead of resorting to political turmoil , he called for dialogue and consensus-building among political parties to ensure smooth governance and economic reforms.

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