US, India urged to change attitude towards Pakistan

PAKISTAN

The Pakistan Economy Watch (PEW) on Sunday said the country is poised to become a progressive and moderate state following the landslide victory of PTI in the general elections.

Now, the US, India and European Union should also change their attitude towards our country as global and regional stability is linked to the stability of Pakistan, it said.

International lenders like IMF, World Bank, Asian Development Bank should also alter their position which is in their best interest, said Dr Murtaza Mughal, President PEW.

He said that PTI has many seasoned politicians having experience of handling foreign affairs but it should not delay the announcement of their finance minister to infuse confidence in the encouraged and jubilant business community.

Dr. Murtaza Mughal said that the economic matters should get as much importance as the political matters for the sake of political and economic stability which was missing since long.

Politics and economics should not be mixed, rather keeping economics insulated from political issues would be a great success of the new government.

He said that expectations are running high, therefore, the economic managers of PTI will have to work hard to improve the situation.

Dr. Mughal said that State Bank, FBR and the Planning Commission should be made independent of political meddling and an immediate action should be initiated against those who have hidden their wealth abroad.

He said that the tax amnesty scheme has started attracting more people after elections while FBR has earned 2.5 billion in just one day, therefore, it should be extended in the national interest.