Business leader and former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, said on Friday that the demand for early elections by some political forces is not compatible with the political and economic stability of the country. He said the call for civil disobedience and demand for early elections should be stopped so the economy develops and the people can get a break.

Talking to the business community, Shahid Rasheed Butt said that protests and political instability do not solve problems. He said that since the country was formed, it has suffered from economic distress, which had peaked in the last few years. The situation is being improved with great difficulty, which is unacceptable to some elements.

The business leader noted that some people want political instability and ruin the country’s economy, severely affecting the economy and the commoner’s income.

A large number of people are fleeing the country, risking their lives. The continuous depreciation of the rupee for four years has broken the back of the people, increasing the country’s debt from twenty-eight thousand to sixty-seven thousand billion.

Shahid Rashid Butt said that in these four years, foreign exchange reserves had reached extremely low levels many times, which had worried the entire nation, but now the situation is rapidly improving.

International organizations and local experts saw the value falling below three hundred and fifty rupees against the dollar. Still, the government saved the rupee from falling further and things worsening.

Inflation is decreasing, and the rate of people living below the poverty line, exceeding forty per cent, will soon start decreasing. CPEC, pushed back for many years, is now beginning to work, and vigorous efforts are being made to overcome the energy crisis.

The stability of the dollar is clear proof of economic reforms. The encouraging results of government policies are starting to emerge, and they are being recognized at home and abroad. In ten months, the manufacturing sector has increased from 2% to 6%, and it has increased from 7% to 30%, and it is expected to grow further.

In these circumstances, derailing the current system for the sake of politics is against the national interests.