As the first week of 2017 comes to an end we realise that this year will hopefully be more progressive for Pakistan’s economy. With less political unrest, exponential decrease in crime rate, terrorist attacks which seem to have decreased immensely after the Zarb-e-Azab Operation, the nation profoundly awaits some drastic changes through the elections in Pakistan in 2018, following the expectations Pakistan has with the inauguration of CPEC. Pakistan has established itself as a growing nation in 2016, both in terms of international relations as well as economics. We can’t wait to see how General Bajwa handles the operations within and outside Pakistan under his new designation.
2017 is going to be a game changer for the dynamics in Pakistani Politics for the next four years.
1- The China Pakistan Economic Corridor (CPEC)
The coming year will bring glad tidings for Pakistan’s economic relations with China. The biggest aspect is the China Pakistan Economic Corridor (CPEC), which will work as a trade route for both countries and will be economically beneficial for Pakistan. Other countries like Russia and France have already decided to invest in CPEC, leading to more prosperity for the country. Resultantly, China has decided to reduce import tariffs on Pakistani goods, which means that Pakistan can export more products to China with lesser tariffs and lead to more profits. Pakistan’s balance of trade is said to improve immensely in 2017 if all strategies go as planned.
2- Election Campaigns for 2018
The coming year is a special one for Pakistan because this will set the tone for the upcoming General Elections in 2018; political parties will scurry ahead one another to try and persuade the public to vote for them. Some parties have already begun this process – with Pakistan Peoples Party (PPP) announcing Bilawal Bhutto Zardari and Asif Ali Zardari as candidates running for the current parliamentary seats from Larkana and Nawabshah and Asif Ali Zardari coming back in the country after 18 months.
In case the Panamagate hearings go south for Prime Minister Nawaz Sharif, there are chances of an election taking place in 2017. Either way, the Pakistani public should get ready to experience a gruelling and scandalous political campaigning season in the upcoming year.
3- The New Chief Of Army Staff (COAS)
General Raheel Sharif has left great shoes for his successor to fill and it would be interesting to see how General Qamar Javed Bajwa will work on maintaining peace and order within and outside Pakistan. General Raheel has been very active in dealing with diplomatic missions and undertaking effective military operations to curb terrorism throughout the country. Pakistanis hope that General Bajwa will show the same finesse and stability in dealing with Pakistan’s drastic issues as his predecessor did.
All in all, we are hoping that things turn out well for Pakistan and it progresses as per our expectations and hopefully better than 2016!
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