The decision of President Pervez Musharraf to resign has sent a wave of jubilation across the country. Reports pouring in from different areas speak of spontaneous celebrations by people.
They expressed joy that the era of dictatorship is now over and the democracy will get an opportunity to flourish. The immediate reaction in Pakistan’s corridors of power and streets to the resignation of President Pervez Musharraf was one of optimism and opportunity.
Reports suggest that People in the far-flung areas of NWFP, Punjab and Balochistan congratulated each other as Musharraf announced his decision to step down. The news of the President’s resignation also had a salutary effect on the stock market and exchange rate. The former general’s opponents rejoiced nationwide after he announced his resignation, which many hope will bring an end to a year of political fighting that has largely paralysed Pakistan. In the northwestern city of Peshawar, near the country’s tribal areas where Pakistani forces have been battling Taliban and al-Qaeda fighters, some people opened fire into the air and chanted anti-Musharraf slogans.
President Supreme Court Bar Association, Aitzaz Ahsan Monday said that lawyers bravely been struggling the cause of the judiciary and suffered a lot. Now when President Pervez Musharraf has resigned they along with the nation should rejoice and celebrate the change, the SCBA leader told a private television channel. He advised the legal fraternity to pull down black flags from the offices of Bar Associations countrywide and start rejoicing and commemorate it a day of deliverance.
Musharraf should stay in the country and face the legal course to prove him self innocent because he has claimed that all the charges leveled against him were unfounded, he said. The SCBA president said an example should be set to eliminate the practice of adventurism in politics and for this purpose President Musharraf should not be given a safe passage. He hoped the leadership of coalition parties would adhere to its commitments with the nation and the deposed judges would be restored without delay.
Hundreds of Pakistan Peoples Party (PPP) workers gathered outside Zardari House here started jubilations as the President announced to step down. The jubilant workers distributed sweets while raising slogans in favour of democracy, Shaheed Benazir Bhutto and party co-chairman Asif Ali Zardari. “Its all result of Mohtarma Benazir Bhutto’s sacrifice for democracy that the dictator has stepped down,” a senior worker commented.
Karachi Stock Exchange (KSE), hoping for a come back of political stability in the country, reacted positively on the announcement of Musharraf’s resignation, as it went jolly briskly trading, which saw the KSE-100 index shooting up by 450 points. KSE 100 index closed at 10719 points with increase of 461 points at the end of trading. Trade volume was 15 crore shares, five crore more than yesterday.