AIRLINK 196.15 Increased By ▲ 2.59 (1.34%)
BOP 10.17 Increased By ▲ 0.22 (2.21%)
CNERGY 7.75 Decreased By ▼ -0.18 (-2.27%)
FCCL 39.86 Decreased By ▼ -0.79 (-1.94%)
FFL 17.00 Increased By ▲ 0.14 (0.83%)
FLYNG 27.02 Decreased By ▼ -0.73 (-2.63%)
HUBC 133.00 Increased By ▲ 0.42 (0.32%)
HUMNL 14.05 Increased By ▲ 0.16 (1.15%)
KEL 4.75 Increased By ▲ 0.15 (3.26%)
KOSM 6.62 No Change ▼ 0.00 (0%)
MLCF 47.28 Decreased By ▼ -0.32 (-0.67%)
OGDC 214.00 Increased By ▲ 0.09 (0.04%)
PACE 6.94 Increased By ▲ 0.01 (0.14%)
PAEL 41.73 Increased By ▲ 0.49 (1.19%)
PIAHCLA 17.15 No Change ▼ 0.00 (0%)
PIBTL 8.50 Increased By ▲ 0.09 (1.07%)
POWER 9.40 Decreased By ▼ -0.24 (-2.49%)
PPL 183.02 Increased By ▲ 0.67 (0.37%)
PRL 41.92 Decreased By ▼ -0.04 (-0.1%)
PTC 24.99 Increased By ▲ 0.09 (0.36%)
SEARL 109.43 Increased By ▲ 2.59 (2.42%)
SILK 0.99 No Change ▼ 0.00 (0%)
SSGC 42.99 Increased By ▲ 2.89 (7.21%)
SYM 18.29 Increased By ▲ 0.82 (4.69%)
TELE 8.94 Increased By ▲ 0.10 (1.13%)
TPLP 13.01 Increased By ▲ 0.26 (2.04%)
TRG 67.09 Increased By ▲ 0.14 (0.21%)
WAVESAPP 11.55 Increased By ▲ 0.22 (1.94%)
WTL 1.81 Increased By ▲ 0.02 (1.12%)
YOUW 4.00 Decreased By ▼ -0.07 (-1.72%)
BR100 12,183 Increased By 138 (1.15%)
BR30 36,697 Increased By 117.2 (0.32%)
KSE100 115,285 Increased By 1247.1 (1.09%)
KSE30 36,253 Increased By 459 (1.28%)

President Pakistan Businessmen and Intellectuals Forum (PBIF), President Mian Zahid Hussain has expressed concern over Panama papers controversy which is pushing the country towards political and economic instability. The increased political struggle over the issue can hit developmental agenda of the government, damage important projects including the fate-changing project of China Pakistan Economic Corridor and harass foreign investors, he said.
Mian Zahid Hussain said that legal and constitutional mechanism to deal with such issues is available in the country therefore some politicians should not try to get undue benefit of the situation at this critical juncture as the country is facing very serious challenges.
He said that the demand of resignation from the Prime Minister seems immature as we cannot do everything what is practised in the west where democracy is mature and institutions are strong enough to deliver. Resignations of top government functionaries in west have a very little impact while it can derail everything in Pakistan which our country cannot afford at this time, he added.
Mian Zahid Hussain said that the government and army under the leadership of General Raheel Shareef, are on the same page after decades resulting in improved peace and retreat of terrorists, power projects are bring completed, and sick units are being sold which has restored confidence of many investors. He said that the revolutionary project of CPEC is facing criticism from provinces while enemy nations are out to destroy it, operation against terrorists and criminals is in full swing, democracy and democratic norms are taking roots in the country and the situation requires stability. The real issue is not the resignation of the prime minister but the interests of the state which are supreme, he said.

Copyright Business Recorder, 2016

Comments

Comments are closed.