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Pakistan’s Challenges: Political, Economic, and Geopolitical Instability Amidst Violence and Uncertainty

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. Despite these challenges, the Pakistan Muslim League and the PTI party both claimed victory in the elections. However, before the elections, there were terrorist attacks that caused over 40 deaths and two candidates were shot. 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.

The incoming government in Pakistan faces significant challenges, including political uncertainty, economic instability, and a population that is heavily impacted by poverty and inflation. Pakistan’s foreign exchange reserves have dwindled, and the country’s currency has lost over 50% of its value. The government must negotiate with the IMF for a new payment program and take steps to reduce expenses, as well as address climate change-related disasters.

Pakistan’s geopolitical significance as a neighbor to India, Afghanistan, Iran, and China further complicates the country’s situation. China has invested in infrastructure projects in Pakistan, but 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 in Pakistan saw about 128 million people cast their votes with an estimated half of them being under 35 years old. Representatives for the 266-seat parliament were chosen amidst significant challenges facing the country. However, despite these obstacles, it remains uncertain whether stability will be achieved soon.

In conclusion, Pakistan faces many significant challenges that must be addressed if it hopes to achieve stability and progress towards development goals such as reducing poverty rates or improving access to healthcare services for its population of approximately 200 million people.

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