Businesses look forward to stability

Post-election scenario is more important for the economy as the ‘stalemate’ prevailing for the last 15 days will see a vital change with the formation of the new government, said market sources. Since the general elections were announced the stakeholders of the economy have been keenly watching the developments particularly the economic performance and the caretaker government’s relations with the IMF. The traders, industrialists and corporate sector were not sure about the expected results of the general elections but were more interested to see the continuity of the economic policies. It was observed that most of the financial sector experts were keen to continuation of the trade policy which helped to bring down the current account deficit to $831 million in the first half of the current fiscal year against $3.6bn in the same period last year.