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Political stability guarantees sound economy: Malik

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SAARC chamber of commerce and Industry former President Iftikhar Ali Malik Sunday said that political stability is pre-requisite for sound economy which will promise greater weal for the people from different strata of the society.

Talking to a delegation of traders, he said that at present, Pakistan cannot endure political turmoil or instability, asserting that uninterrupted stable democracy is needed for sustained economic growth to cope with the multiple challenges in the country.

He said that politics of confrontation and violence is not the solution.

He said time has changed as now the influential nations are paying more attention to financial warfare to continue their dominance.—APP

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