Miftah Ismail Critiques Pakistan's Political Landscape

Former finance minister Miftah Ismail recently spoke out against the political and economic strategies in Pakistan, particularly targeting former prime minister Imran Khan. Ismail accused Khan of lacking democratic values and being solely focused on regaining power. At a dialogue event in Karachi, Ismail highlighted the economic hurdles faced by the nation, stressing the urgent need for improvements in monetary and fiscal conditions to attract foreign investments.

Ismail pointed out that Pakistan has mainly attracted investments aimed at local sales rather than manufacturing products for export. He expressed concerns about the absence of effective economic strategies for national development, emphasizing that businesses need bank financing to prosper, not just loans from acquaintances.

He underscored the significance of simplifying investment processes to entice more investors and drew attention to the alarming literacy rates in the country, noting that a considerable percentage of ten-year-olds struggle with basic reading skills.

Turning to Imran Khan's political stance, Ismail criticized his perceived lack of democratic principles, highlighting Khan's shifting alliances with the establishment. Ismail warned against over-reliance on establishment support, cautioning that those who bring one to power can also remove them.

Reflecting on past governance, Ismail referenced various incidents during Khan's tenure, including controversial decisions and statements by key government figures. He also criticized the former finance minister's choice to avoid seeking assistance from the International Monetary Fund, citing financial losses incurred as a consequence.

As Ismail gears up to launch a new political party, he expressed gratitude to the military for preventing the country from descending into chaos akin to Syria. He stressed the importance of honesty in politics and the necessity for leaders to make tough decisions when required.

Miftah Ismail's critique of Pakistan's political and economic landscape sheds light on the challenges facing the nation. His call for improved economic strategies, simplified investment processes, and a focus on democratic values serves as a reminder of the essential elements needed for national development. As Ismail embarks on a new political journey, his emphasis on honesty and tough decision-making resonates with the need for integrity and leadership in shaping the country's future.