Economic freefall fuelled political instability: Mian Zahid Hussain.


President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Monday said sliding economy, unemployment and continued inflation has resulted in political instability in the country.

Masses and industrialists are paying a heavy price for the instability and they would continue to brave it in the near future, he said.

Mian Zahid Hussain said that political and economic stability requires more than loans, claims, promises, slogans, and speeches otherwise, not a single country on earth would have been underdeveloped.

Talking to the business community, the veteran business leader said that the world would not have witnessed unemployment, conflicts and extremism if tall claims were enough for stability.

The former minister noted that political and economic stability cannot be manufactured; it requires balance in external trade, economic activities, and vision to understand and tackle ground realities. He said that the aspirations and demands of the masses can be ignored as it creates space for the extremist elements to play their game. The government need to improve governance and the economy...

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