Business community demands presidential form of government | Pakistan Today

Business community demands presidential form of government

ISLAMABAD: Islamabad Chamber of Small Traders (ICST) on Thursday said the business community is fed up with the parliamentary system and they would prefer a presidential form of government in the country.

The parliamentary system has failed to improve the economy or help masses, therefore, it should be abandoned in the national interest, it said.

The economy has always progressed during the presidential system while corrupt grew in the dysfunctional parliamentary system at the cost of masses, said ICST patron Shahid Rasheed Butt.

He said that Pakistan is located in the region which was once wealthiest in the world while our country that had advanced loans to the USA, Germany, and Japan it is dependent on loans for its survival.

The credit of the current disappointing situation goes to the corrupt politicians who are just concerned about their ill-gotten wealth, he added.

Shahid Rasheed Butt said that many countries have adopted a new constitution for improvement and introduced meaningful changes in constitutions but here some amendments were adopted which emboldened the dishonest politicians.

The state and institutions have gradually been made important, police and other departments have become dysfunctional, nobility continues to enjoy relaxations while life has been made difficult for the poor.

Majority of governments in the existing system wastes time on ways and means to make illegal wealth and in dealing with their coalition partners while compromise on everything has become a norm.

There are almost no checks and balances which has provided an opportunity to the elite as the accounts of ordinary people linked to them are being traced with billions of rupees in it.

The club of politicians opposing a change are not concerned about anything but their wealth amassed through the exploitation of masses.

Majority of the developed states including the US, Russia, China, France, etc. are being ruled with the Presidential form of government while the other system is preferred in underdeveloped countries.

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