By Kaleb Zewdineh
Pakistan is an important economy in Asia and one that U.S. investors have kept an eye on for years. Last year, the Pakistan Stock Exchange passed the historic 60,000-point mark. According to one analyst this shows â the escalating confidence of investors in the countryâs economy.â The textile and commodity sectors have both seen key investments in recent years.
This makes the upcoming Pakistan General Elections of 2024 one that investors are keeping an eye on. Indeed, a focus is on the Election Commission of Pakistan. This institution has worked to oversee this poll and ensure the integrity and transparency of the electoral process. The Commission issued a comprehensive Code of Conduct for Security Personnel on January 18, 2024. This document provided a guide for law enforcement officials tasked with maintaining security during the elections. These directives emphasize the importance of upholding the rule of law, impartiality, and the facilitation of free and fair elections.
The General Elections-2024 is important for Pakistan’s democratic journey, as they provide an opportunity for citizens to choose their leaders and shape the nation’s future. Pakistan is an emerging market in Asia and stable government gives investors confident. Here is what leaders need to know with the polls set tomorrow:
Security Of The Election Is Being Closely Watched:
The electoral commission in partnership with the security services is working diligently to provide security around the February 8th election at polling stations, printing presses, and when the ballots are being moved from location to location. As a recent statement from the electoral commission highlighted âAssisting presiding officers in maintaining order at polling stations and ensuring uninterrupted voting is a primary duty.â
Transparency Remains Key To Ensure Integrity:
Since the last major election cycle of 2018 much has changed in Pakistan. Accusations of electoral fraud and other issues have doubt on past polls, with various opposition parties, including the Pakistan Muslim League-Nawaz (PML-N) and the Pakistan Peoples Party (PPP), alleging favouritism towards the Pakistan Tehreek-e-Insaf (PTI).
International observers have echoed concerns about irregularities, while the PTI has steadfastly denied these allegations. The Electoral Commission has sought to improve these issues for this election and has sought to create a more inclusive event.
How Will Minority Groups Be Accommodated:
The election commission has sought a more inclusive approve this time that will include considerations of elderly, pregnant women, women with infants, voters with disabilities and other minority groups. This has been important for ensuring the vote is something accessible to all ok Pakistanâs 250 million citizens.
Bottom Line:
Pakistanâs democracy like any other is a work in progress. While doubt and suspicion may persist, it is essential to acknowledge Pakistan’s commitment to forging a fairer and more peaceful electoral path is moving forward. The Election Commission of Pakistan (ECP) stands at the forefront of this endeavor with its unwavering dedication. Pakistan’s unwavering pursuit of transparent and just elections is incumbent on the ECP. Investors should note that the ECP is committed to ensuring not only a competitive election but, one that is fair.