Chagai-I
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In my previous post I had shared my opinion on why PTI needs landslide victory in ’23 elections but some of the PDF members were reluctant and were not willing to accept any future reigns of Imran-led government. This made me think that If not Imran Khan and PTI then who else is the ideal choice?
The first name to come in mind is PML-N itself. The party’s premier Nawaz Sharif has run Pakistan from 1990 to 1993, 1997 to 1999 and 2013 to 2018.
If we analyze their most recent government in which they ruled a country for maximum tenure i.e. five years (’13 to ’18) they were able to successfully curb ever growing terrorism threat in Pakistan with the help of armed forces. Violence in Karachi was drastically decreased. Tribal areas and separatist, anti-Pakistan movement in Baluchistan was also neutralized. In terms of economic point of view, Pakistan growth rate touched 13-year high at 5.7%, Inflation largely was maintained.
But here comes the fun part, despite strong economic growth, Pakistan faced rise in fiscal and trade deficits. Pakistan’s exports dropped from $25bn in 2013 to $22bn in 2017. In a nutshell, Nawaz-led government artificiality suppressed inflation by taking out lots of loans which made it appear as through the economy was stable.
The second option is none other than PPP. This party has run country from 1988 to 1990, 1995 to 1997 and 2008 to 2013.
Except for a few achievements, the five-year rule of Zardari era (2013-2018) was a tale of horrifying failures which have virtually brought the country to the brink of financial and administrative collapse. Under PPP power, Pakistan saw one of the deadliest years of violence and terrorism in its history. North-western part of Pakistan was taken over by a Taliban. Economic hub Karachi was getting bombarded with suicide bombings every day and political mayhem by MQM did it no favor. On economic front, Yearly GDP growth rate fell from a long-term average of 5.0 percent to around 2.0 percent. Inflation also had remained in double digits during the entire period of this government. Looking at this from a historical perspective, this has been the second worst period since 1947, as far as inflation numbers go. Only once in our history we had a higher inflation over a four-year period and that was during the first PPP government in 1972-77.
Other honourable mentions:
1. JI.
2. JUI-F.
3. PSP.
4. MQM.
References:
https://pabausa.org/1050/pakistan-eyes-5-7-percent-growth-in-2017-as-economy-picks-up/
https://www.pakistantoday.com.pk/2018/02/25/falling-exports-2/
https://tribune.com.pk/story/1683438/first-quarter-2018-52-decline-violent-fatalities
https://tribune.com.pk/story/386315/inflation-rose-by-9-in-2012-fafen-report
The first name to come in mind is PML-N itself. The party’s premier Nawaz Sharif has run Pakistan from 1990 to 1993, 1997 to 1999 and 2013 to 2018.
If we analyze their most recent government in which they ruled a country for maximum tenure i.e. five years (’13 to ’18) they were able to successfully curb ever growing terrorism threat in Pakistan with the help of armed forces. Violence in Karachi was drastically decreased. Tribal areas and separatist, anti-Pakistan movement in Baluchistan was also neutralized. In terms of economic point of view, Pakistan growth rate touched 13-year high at 5.7%, Inflation largely was maintained.
But here comes the fun part, despite strong economic growth, Pakistan faced rise in fiscal and trade deficits. Pakistan’s exports dropped from $25bn in 2013 to $22bn in 2017. In a nutshell, Nawaz-led government artificiality suppressed inflation by taking out lots of loans which made it appear as through the economy was stable.
The second option is none other than PPP. This party has run country from 1988 to 1990, 1995 to 1997 and 2008 to 2013.
Except for a few achievements, the five-year rule of Zardari era (2013-2018) was a tale of horrifying failures which have virtually brought the country to the brink of financial and administrative collapse. Under PPP power, Pakistan saw one of the deadliest years of violence and terrorism in its history. North-western part of Pakistan was taken over by a Taliban. Economic hub Karachi was getting bombarded with suicide bombings every day and political mayhem by MQM did it no favor. On economic front, Yearly GDP growth rate fell from a long-term average of 5.0 percent to around 2.0 percent. Inflation also had remained in double digits during the entire period of this government. Looking at this from a historical perspective, this has been the second worst period since 1947, as far as inflation numbers go. Only once in our history we had a higher inflation over a four-year period and that was during the first PPP government in 1972-77.
Other honourable mentions:
1. JI.
2. JUI-F.
3. PSP.
4. MQM.
References:
https://pabausa.org/1050/pakistan-eyes-5-7-percent-growth-in-2017-as-economy-picks-up/
https://www.pakistantoday.com.pk/2018/02/25/falling-exports-2/
https://tribune.com.pk/story/1683438/first-quarter-2018-52-decline-violent-fatalities
https://tribune.com.pk/story/386315/inflation-rose-by-9-in-2012-fafen-report