Decision-makers must guarantee elections will ensure economic growth: Vawda

Those who talk of Constitution, law should first hold themselves accountable for delay in K-P, Punjab elections

LAHORE:

Former federal minister Faisal Vawda has said that a short-term coalition government would be formed following the upcoming general elections, warning that its “bubble might burst sooner than expected” due to economic challenges.

Talking to private TV channel on Tuesday, he predicted a coalition government with a precarious lifespan struggling to keep the ship afloat for a maximum period of 20 to 24 months.

He stated that, “the economy would bleed, the dollar would rise, inflation would increase, fuel prices would remain uncontrolled, unemployment would rise and power tariffs would increase”.

“Even if a miracle were to occur, that government would persist for 20 to 24 months; otherwise, the bubble could burst even sooner.”

He did not see any alleviation in the price hike, stating, "everyone has to fill their own pockets” and cautioned that the terms of new loans would be stringent.

Read: Independents will side with highest bidder: Vawda

The former minister, famous for his outspoken demeanour, also did not mince words while discussing the alleged cause of the Pakistan Tehreek-e-Insaf (PTI) government's downfall, attributing to the decision to open “shops” on Sundays.

He criticised the justice system’s flip-flop nature, pointing out its inconsistency. “The country’s justice system, on the basis of which this whole game was played, reads six when it wanted and reads nine when it wanted.”

"We have all witnessed many decisions being reversed," he remarked. "[Zulfikar Ali] Bhutto was hanged, and there is an apology today," he added.

He lamented that justice could not be served after the martyrdom of late prime minister Benazir Bhutto. He continued by stating that “while they demolished Nasla Tower, they were unable to bring down the Constitution Avenue towers”.

Furthermore, he pointed out the significant financial losses incurred in Reko Diq, adding that the two judges who resigned faced corruption allegations.