Thursday, July 4, 2024 05:52 PM
Pakistan faces challenges with a significant external debt, judicial responsibilities, and economic conditions. Justice Shaikh Usmani emphasizes the need for a fearless judiciary, while Economist Mirza Akhtiar Baig praises the IMF's approval. Political stability and the effectiveness of the coalition government remain concerns in navigating economic and judicial complexities.
Pakistan is currently facing a significant external debt of 130 billion dollars, raising concerns about its financial stability. Law experts and judicial figures have been vocal about the challenges and responsibilities facing the judiciary in ensuring justice and upholding the rule of law.
Justice (Rtd) Shaikh Usmani emphasized the importance of a fearless judiciary, stating that justice cannot be served if the judiciary is afraid of external influences. The Supreme Judicial Council's power to summon judges and maintain their independence was highlighted as crucial for upholding judicial integrity.
Economist Mirza Akhtiar Baig praised the approval of the third installment by the IMF, signaling progress in meeting economic conditions. However, concerns remain about political stability and the effectiveness of the coalition government in passing legislation.
Overall, the country is navigating a complex landscape of economic challenges and judicial responsibilities. The successful completion of the IMF's review is a positive step, but sustained efforts are needed to ensure both economic and political stability in Pakistan.