Posted 2/12/2024, 2:09:41 AM
Pakistan Election Yields Fragmented Mandate, Economic Uncertainty Looms Over Coalition Government Formation
- Election results show Pakistanis' resistance to meddling with their democratic mandate, leading to a fragmented mandate and potential coalition government
- Lack of decisive victory and potential coalition government expected to prolong government formation and cause economic uncertainty
- Businesses and markets responded negatively to election results due to concerns over the coalition government's ability to address economic challenges
- Securing IMF deal and reforms needed to maintain economic stability, but coalition politics could hamper decision-making
- Caretaker government members expressed concerns that election results and potential coalition government may disrupt recent economic stability