Connect with us

Pakistan

Pakistan’s economic security

Published

on

Pakistan is currently teetering on the brink of economic collapse. The recent floods have only added to this dire situation, and the loss to our economy has been unprecedented.

We can avoid this harsh truth as much as we want, but the fact cannot be denied that without strong, drastic measures Pakistan will have no choice but to default.

It is imperative that the government impose an economic emergency. This should be done with the consensus of all stakeholders. It is also extremely important to design and implement economic policies that range from short, mid to long term. The goal should be to implement policies that can carry the country forward. These policies need to be stand-alone, not affiliated with any political party, and should be applicable to all governments, regardless of affiliations. If need be, Pakistan should pass a constitutional amendment which enables it to enforce this policy without political advantage seeking.

The PDM government effectively discouraged luxury imports in order to enhance exports; however, this policy seems to be tapering off gradually. Export promotion needs to be the foundation of our economic policy and promoting industry and factories should be emphasized. Without industrial production, the economy cannot thrive.

It is also imperative to highlight human security. Pakistan cannot thrive if our focus does not shift to effectively prioritizing human security. This will involve synchronization between our economic, trade, foreign, food, security, export, import, industrial and climate change policies. After the National Security Policy Document of 2021, we saw a shift towards human security. And it is crucial this remains the cornerstone of any security policies going forward. Without human security, the social fabric will crumble, and with it, any chances of a stable economy crumble too.

The country needs a proper system for monitoring and evaluation. This system needs to oversee the working and harmonization of these policies and also amend and implement adjustments and changes whenever necessary.

Another area where there seems to be no harmony is in our commercial diplomacy. It is necessary that Pakistan should have a well-researched and well-thought-out commercial diplomacy policy. This policy needs to be bolstered by related institutions and qualified and trained people. Although it is a utopian idea, the well-being of the country needs to come above petty alliances and nepotism. People selected for these posts must be trained and capable. Their primary goal should be to enhance bilateral trade and exports, bringing in foreign direct investment and creating and strengthening ties with neighbouring as well as other relevant countries around the world.

Keeping women out of the economy has a massively damaging impact as they comprise more than half of the population. For economic growth, it is imperative that all citizens, including urban and rural women, have access to opportunities for entrepreneurship, business ownership, and capital. Keeping such a large chunk of the population out of the economy has a debilitating impact on the GDP of any country.

The government should devise strategies to prevent savings from only being invested in the real estate market and to move them towards economic areas that may be more productive or to long-term investment funds. In order to do this, it will be an uphill task to build people’s trust in the economy. The Extended Fund Facility (EFF) and the International Monetary Fund (IMF) cannot be the only fallback to our economy. Productive and prosperous economic growth will not be seen if we stay ensnared in the IMF system.

Pakistan needs to move towards the economic security goals of human resource development, poverty alleviation, and most importantly, political stability. The past year, specifically, has demonstrated how political instability and bad economic policies can bring a country to the doorstep of default.

Investing in Pakistan can be an arduous and complicated process for most foreign investors. The risks of an unstable economy also deter them from bringing their capital into the country. It is, therefore, imperative to have an investor-friendly system in order to encourage FDI.

The Board of Investment (BoI) needs to work on promoting investment by simplifying the steps and do its utmost to move upward on the ease of doing business index. For this, the BoI will have to be restructured with a skilled management that can help Pakistan move forward.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Supreme Court annuls trials of civilians in military courts

Published

on

By

In a unanimous verdict, a five-member bench of the Supreme Court on Monday declared civilians’ trials in military courts null and void as it admitted the petitions challenging the trial of civilians involved in the May 9 riots triggered by the arrest of Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan in a corruption case.

The five-member apex court bench — headed by Justice Ijaz Ul Ahsan, and comprising Justice Munib Akhtar, Justice Yahya Afridi, Justice Sayyed Mazahar Ali Akbar Naqvi and Justice Ayesha Malik — heard the petitions filed by the PTI chief and others on Monday.

The larger bench in its short verdict ordered that 102 accused arrested under the Army Act be tried in the criminal court and ruled that the trial of any civilian if held in military court has been declared null and void.  

The apex court had reserved the verdict earlier today after Attorney General of Pakistan (AGP) Mansoor Usman Awan completed his arguments centred around the domain and scope of the military courts to try the civilians under the Army Act. 

At the outset of the hearing today, petitioner lawyer Salman Akram Raja told the bench that trials of civilians already commenced before the top court’s verdict in the matter.

Responding to this, Justice Ahsan said the method of conducting proceedings of the case would be settled after Attorney General of Pakistan (AGP) Mansoor Usman Awan completed his arguments.

Presenting his arguments, the AGP said he would explain to the court why a constitutional amendment was necessary to form military courts in 2015 to try the terrorists.

Responding to Justice Ahsan’s query, AGP Awan said the accused who were tried in military courts were local as well as foreign nationals.

He said the accused would be tried under Section 2 (1) (D) of the Official Secrets Act and a trial under the Army Act would fulfill all the requirements of a criminal case.

“The trial of the May 9 accused will be held in line with the procedure of a criminal court,” the AGP said.

The AGP said the 21st Amendment was passed because the terrorists did not fall in the ambit of the Army Act.

“Amendment was necessary for the trial of terrorists [then] why amendment not required for the civilians? At the time of the 21st constitutional amendment, did the accused attack the army or installations?” inquired Justice Ahsan.

AGP Awan replied that the 21st Amendment included a provision to try accused involved in attacking restricted areas.

“How do civilians come under the ambit of the Army Act?” Justice Ahsan asked the AGP.

Justice Malik asked AGP Awan to explain what does Article 8 of the Constitution say. “According to Article 8, legislation against fundamental rights cannot be sustained,” the AGP responded.

Justice Malik observed that the Army Act was enacted to establish discipline in the forces. “How can the law of discipline in the armed forces be applied to civilians?” she inquired.

The AGP responded by saying that discipline of the forces is an internal matter while obstructing armed forces from discharging duties is a separate issue.

He said any person facing the charges under the Army Act can be tried in military courts.

“The laws you [AGP] are referring to are related to army discipline,” Justice Ahsan said.

Justice Malik inquired whether the provision of fundamental rights be left to the will of Parliament.

“The Constitution ensures the provision of fundamental rights at all costs,” she added.

If the court opened this door then even a traffic signal violator will be deprived of his fundamental rights, Justice Malik said.

The AGP told the bench that court-martial is not an established court under Article 175 of the Constitution.

At which, Justice Ahsan said court martials are not under Article 175 but are courts established under the Constitution and Law.

After hearing the arguments, the bench reserved the verdict on the petitions.

A day earlier, the federal government informed the apex court that the military trials of civilians had already commenced.

After concluding the hearing, Justice Ahsan hinted at issuing a short order on the petitions. 

The government told the court about the development related to trials in the military court in a miscellaneous application following orders of the top court on August 3, highlighting that at least 102 people were taken into custody due to their involvement in the attacks on military installations and establishments. 

Suspects express confidence in mly courts

The same day, expressing their “faith and confidence” in military authorities, nine of the May 9 suspects — who are currently in army’s custody — moved the Supreme Court, seeking an order for their trial in the military court be proceeded and concluded expeditiously to “meet the ends of justice”.

Nine out of more than 100 suspects, who were in the army’s custody, filed their petitions in the apex court via an advocate-on-record.

The May 9 riots were triggered almost across the country after former prime minister Imran Khan’s — who was removed from office via a vote of no confidence in April last year — arrest in the £190 million settlement case. Hundreds of PTI workers and senior leaders were put behind bars for their involvement in violence and attacks on military installations.

Last hearing

In response to the move by the then-government and military to try the May 9 protestors in military courts, PTI Chairman Imran Khan, former chief justice Jawwad S Khawaja, lawyer Aitzaz Ahsan, and five civil society members, including Pakistan Institute of Labour Education and Research (Piler) Executive Director Karamat Ali, requested the apex court to declare the military trials “unconstitutional”.

The initial hearings were marred by objections on the bench formation and recusals by the judges. Eventually, the six-member bench heard the petitions.

However, in the last hearing on August 3, the then-chief justice Umar Ata Bandial said the apex court would stop the country’s army from resorting to any unconstitutional moves while hearing the pleas challenging the trial of civilians in military courts.

A six-member bench, led by the CJP and comprising Justice Ijaz Ul Ahsan, Justice Munib Akhtar, Justice Yahya Afridi, Justice Sayyed Mazahar Ali Akbar Naqvi, and Justice Ayesha Malik, heard the case.

In the last hearing, the case was adjourned indefinitely after the Attorney General for Pakistan (AGP) Mansoor Usman Awan assured the then CJP that the military trials would not proceed without informing the apex court.

Continue Reading

Pakistan

Sea conditions ‘very high’ as Cyclone Tej moves towards northwestward

Published

on

By

An Extremely Severe Cyclonic Storm (ESCS) named “Tej”, which has been brewing in the southwest Arabian Sea for the past few days, has continued to move northwestward toward the Arabian Peninsula’s coast.

According to the Pakistan Meteorological Department (PMD), over the past 12 hours, Cyclone Tej has been moving in a northwestward direction and is now “centred around latitude 14.4 N & longitude 53.2 °E”.

The update, which was issued today (Monday) at 10:00am (PST), also revealed that the brewing cyclone is situated “about 300km southwest of Salalah (Oman), 220km southeast of Al Ghaydah (Yemen) and 1520km southwest of Gwadar (Pakistan)”.

Additionally, the cyclone’s maximum sustained surface winds are between 150-160km/h, with gusts reaching 180km/h.

Moreover, sea conditions are currently very high, with maximum wave heights of 35ft around the system centre, according to the Met Office.

The system is expected to continue moving in a northwest direction and is likely to cross the Yemen coast, near Al Ghaydah by midnight as a very severe cyclonic storm (VSCS) with winds packing speeds of 120-130km/h and gusts reaching 150km/h.

However, it is important to note that there will be no impact on any of Pakistan’s coastal areas from this system.

According to PMD’s Daily Forecast, the weather is expected to remain dry for the next few days in most districts of Sindh, one of the coastal provinces of Pakistan.

Meanwhile, strong winds and thundershowers are likely to occur in and around some parts of Balochistan today, but dry weather is expected for the next few days.

Continue Reading

Pakistan

PCB ‘dismisses’ objections over players support for Palestinians

Published

on

By

LAHORE: Pakistan’s cricket team, which is currently busy participating in the ICC Men’s T20 Cricket World Cup, has shown their firm support and shared their prayers for all Palestinians suffering at the hands of Israel.

However, there have been many questions raised by Indian fans and cricket experts on the players’ constant support for Palestine asking ICC — the governing body of the game — whether such moves were allowed in the tournament.

According to sources, the Pakistan Cricket Board (PCB) rejected the objections over players’ conduct saying: “The team’s expression of solidarity was a personal decision.”

Pakistan’s national team on Wednesday, posted a picture of the Palestinian flag on their individual X, formerly known as Twitter, accounts to show that they stand in solidarity with Palestine and that they are praying for the people suffering there including children.

Prior to this Pakistan’s wicket-keeper batsman, Mohammad Rizwan, dedicated the team’s victory over Sri Lanka to his “brothers and sisters in Gaza”.

Meanwhile, Indian fans and cricket experts used the team’s support for Palestine to create controversies, claiming that the national team had violated ICC rules.

Sources from PCB added that the team is “allowed to express whatever they wanted to,” and that the players “did not violate any code of conduct by the ICC or PCB”.

The Health Ministry in Gaza reports that at least 3,061 Palestinians have died and over 13,750 more have been injured as a result of Israel’s shelling.

Pakistan has categorically condemned the Israeli atrocities and called for an immediate cessation of the bombardment, which has not even spared hospitals or schools, in solidarity with its Palestinian brothers and sisters.

Even Pakistani cricket legends who are not participating in the team anymore showed their support for Palestine.

Moreover, Pakistan is set to face Australia tomorrow (Friday) in M Chinnaswamy Stadium, Bengaluru after a few days of rest.

Continue Reading

Trending