An early decision to reduce political, economic tensions: Mian Zahid Hussain - Press Release issued by Pakistan Businessmen and Intellectuals Forum.

Karachi -- November 23, 2022 (PPI-OT)

Following is the text of press release issued by Pakistan Businessmen and Intellectuals Forum (PBIF)


Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said the appointment of the new army chief should be a routine matter. Some elements have made the appointment of new COAS the country's biggest problem which is not in the national interest, he said.

Mian Zahid Hussain said that amid political instability, economic decline, risk of default, business shutdowns and reports of a currency crisis, the issue of appointment is a matter of concern for the business community. Talking to the business community, the veteran business leader said that the endless politicization of this issue is sad.

He said that the government should immediately choose a new chief of the armed forces so that at least one problem would be eliminated, which would reduce the political tensions and rumours in the country and it may improve the stability of the economy. The stability will result in financial aid from friendly countries, loans will be facilitated and those claiming a default-like situation will get a befitting reply.

Mian Zahid Hussain said that currently the country is facing serious economic and climate challenges and the economy is drowning in self-inflicted problems, but the claimants of public support are not...

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