THE sun of New Year has dawned, casting its rays upon Pakistan and ushering in a crucial period that demands greater maturity and right kind of approach to steer the country out of a myriad of challenges. Among various priorities that need attention, political stability takes centre stage, particularly with impending elections scheduled for 8th February.
Elections, as cornerstone of any democratic nation reflect will of the people and shape the trajectory of the country. A peaceful, smooth and transparent electoral process fosters trust among citizens, sets stage for effective governance and paves way for economic development. Any deviation from this path has the potential to erode trust and confidence of the masses in electoral system, thus creating an atmosphere of uncertainty. Political stability holds key to addressing pressing economic challenges. State Bank of Pakistan (SBP) Governor Jameel Ahmed in a statement the other day highlighted that political uncertainty weighed heavily on businesses and consumer sentiments, resulting in a contraction of real GDP by 0.2 per cent in FY23. A stable political environment is crucial for attracting foreign investment, stimulating economic growth, and creating job opportunities.
Moreover, as Pakistan grapples with a surge in terrorism, political stability becomes even more imperative. The country has witnessed an alarming increase in acts of terrorism, primarily attributed to Tehreek-i-Taliban Pakistan (TTP). The last year marked highest number of suicide attacks since 2014, with nearly half targeting security forces. According to Pakistan Institute for Conflict and Security Studies (PICSS), 29 suicide attacks were reported in 2023, resulting in tragic loss of 329 lives and leaving 582 individuals injured. To address these challenges, it has become a necessity to take the country towards political stability. Failure in this regard will only result in more unrest and chaos.
Hence, all relevant institutions must play their part in ensuring free elections, with political parties transcending politics of animosity and hatred. The political parties should present programmes to the masses and then respect their decision. The victorious party must be given full chance to lead the country for stipulated five-year period, a critical requirement given the economic and security challenges faced by the nation. We stand at a crossroads. The choices made in coming weeks will shape the destiny of nation. By prioritising political stability, embracing transparent electoral process, reducing polarisation and fostering unity, the country can navigate challenges ahead and unlock its full potential for growth and prosperity in years to come.
