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OPINION                                                                 APRIL 12, 2024     |  The Indian Eye 10


          Will the 14th National Assembly






            of Pakistan Complete its Term?







             Pakistan continues to experience political instability, economic crisis, factionalism,

         terrorism, ethnic centralism leading to insurgency in the provinces and many more vices



        DR DHRUBAJYOTI BHATTACHARJEE                                                                          cipal impediment for the present
                                                                                                              government.  This  is  why  instead  of
              he 14th Pakistani National                                                                      selecting Ishaq Dar or Miftah Ismail
              Assembly elections was held                                                                     to be the Finance Minister, the gov-
        Ton February 8, 2024. Like the                                                                        ernment has selected Muhammad
        past, this election too, was politically                                                              Aurangzeb to be the next Finance
        engineered. Elections were held for                                                                   Minister.  He has been a seasoned
        336 seats in the National Assembly in                                                                 banker  for  over  three  decades  and
        which a single party or coalition can                                                                 has served as the President and CEO
        government after winning at least 169                                                                 of Habib Bank Limited and held key
        seats.                                                                                                position at JP Morgan. Ishaq Dar has
                                                                                                              been appointed as the Foreign Min-
        Three major political parties                                                                         ister and Khawaja Asif as the defense
                                                                                                              minister. It can be noted that in the
        have been major contenders                                                                            recently constituted Council of Com-

        along with many regional par-                                                                         mon Interests (CCI), Foreign Minis-
                                                                                                              ter Dar has been included instead of
        ties. However, no single par-                                                                         the finance minister, which shows the
        ty was in a position to garner                                                                        key role that Ishaq Dar will continue
                                                                                                              to play in advising the government in
        single majority, and a coalition   The present government faces the crucial task of rescheduling its foreign debt payment among   economic matters as well.
                                                             decreasing export earnings (File photo)
        form of government was fore-                                                                              The present government is mak-
                                                                                                              ing attempts 1o garner support for
        seen even before elections. The  litical party PML-N won 75 seats and   Arabia, Iran and  India  have  con-  the next International Monetary
        three  major  political  parties   PPP came next with 54 seats without   gratulated Shehbaz Sharif on his as-  Fund  (IMF)  economic  package.  It
                                                                                                              remains to be the single most import-
                                                                            suming office of the Prime Minister
                                          calculating the reserved seats.
        are Pakistan Muslim League            As the independant candidates   of Pakistan. US President Joe Biden   ant factor in the country’s short-term
        (Nawaz) [PML-N] led by Nawaz      backed by PTI had to be represented   wrote a letter to Prime Minister Shar-  creditworthiness, as it will further
                                          by a political party, they joined the   if, congratulating him to form the   exacerbate inflation and the ongoing
        Sharif and his family, Pakistan  Sunni Ittehad Council (SIC) to form   government, looking forward work-  economic crisis, receding the polit-
        People’s Party (PPP) led by Asif   a strong opposition to the coalition   ing closely with the new government.   ical capital of the Shehbaz Sharif’s
                                          government. However,  the  PML-N   This  remain  to  be  the  first  official   government.
        Ali Zardari and Bilawal Bhutto  has turned out to be the largest polit-  communication by the US President   To conclude one cannot expect
        and Pakistan Tehreek-e-Insaf      ical party in the National Assembly,   Biden with the Pakistani leadership,   the 14th National Assembly of Paki-
                                          when the ECP selected 75 of its gen-
                                                                                                              stan to compete its full tenure. Paki-
                                                                            after he took office in January 2021,
        (PTI) led by Imran Khan.          eral seats, joined by 9 independents,   as the US Presidential office did not   stan continues to experience political
                                          adding 19 reserved seats for women   make any communication with for-  instability,  economic  crisis,  faction-
            Before  the  elections,  the  Elec-  and 4 reserved seats for minority.  mer Prime Minister Imran Khan or   alism, terrorism, ethnic centralism
        tion Commission along with the judi-  After several days of debate and   with Shehbaz Sharif during the inter-  leading to insurgency in the prov-
        ciary took steps to keep PTI out of   discussion both PML-N and PPP   im government.                  inces and many more vices, a weak
        power. Imran Khan who was already   agreed to form a minority govern-   The  present  government  faces   PML-N coalition will find it hard to
        in prison, was ineligible to stand for   ment with PPP supporting the coa-  the crucial task of rescheduling its   find any rapprochement to bring po-
        elections. Electoral authorities re-  lition from outside. Shehbaz Sharif,   foreign debt payment among de-  litical stability in Pakistan.
        jected the  party’s symbol,  rejected   Nawaz Sharif’s brother was selected   creasing export earnings. As per   Dr. Dhrubajyoti Bhattacharjee is
        PTI candidates from standing for   to be the Prime Minister. President   the  State  Bank  of  Pakistan  (SBP),   a Research Fellow at the Indian
        election and arrested senior party of-  of PPP, Asif Ali Zardari took over as   Pakistan has to repay foreign debt   Council of World Affairs. The views
        ficials, who have been released only   the President of Pakistan. Though   amounting  to  US$27.47  billion  by   expressed are personal
        after they have resigned from PTI.   initially some of the nations in the   November 2024. This repayment in-
        The candidates representing PTI   West showed their reservation with   cludes both the principal loan and in-  This article first appeared in the
        stood as independent and was able to   regard to the fairness of the elector-  terest costs. The present government   Viewpoint section of the website
        get total of 93 seats in the National   al process, but has accepted the new   experiences unforeseen  economic   (www.icwa.in) of Indian Council of
        Assembly. In contrast, as a single po-  coalition government. China, Saudi   crisis, which will remain to be a prin-  World Affairs, New Delhi


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