• Thu. Feb 29th, 2024

Political and Economic Challenges Plague Pakistan After Elections: Uncertainty, Violence, and Climate Change Loom

ByEditor

Feb 12, 2024
Pakistan’s new government confronts two daunting challenges with inflation surpassing 30 percent

The recent parliamentary elections in Pakistan were marked by violence and uncertainty, with terrorist attacks causing over 40 deaths and two candidates being shot. Despite these challenges, the Pakistan Muslim League and the PTI party both claimed victory in the elections. However, election observers noted that the uncertainty surrounding the election results was exceptionally high, and the slow vote count was attributed to poor internet connections and information hoarding by authorities.

Pakistan’s foreign exchange reserves have dwindled, and the country’s currency has lost over 50% of its value. This puts significant challenges for the incoming government as they must negotiate with the IMF for a new payment program and take steps to reduce expenses, as well as address climate change-related disasters. The geopolitical significance of Pakistan as a neighbor to India, Afghanistan, Iran, and China further complicates the country’s situation. While China has invested in infrastructure projects in Pakistan, neighboring countries are also unstable and present security and political challenges. India benefits from Pakistan’s instability while Afghanistan and Iran pose unpredictable threats. Additionally, Pakistan is vulnerable to climate change-related disasters.

The recent elections saw about 128 million people cast their votes, with an estimated half of the voters being under 35 years old. The voter turnout was around 50%, and representatives for the 266-seat parliament were chosen amidst challenges such as terrorism attacks that caused over 40 deaths and two candidates being shot. However, despite these difficulties, both major parties claimed victory in the elections. The pathway to stability and progress remains unclear due to political uncertainty, economic instability, poverty impacted population inflation among other factors like climate change related disasters

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