The renowned TIME magazine has declared former prime minister and PTI Chief Imran Khan responsible for country’s economic nadir, accusing him of ignoring fundamental structural issues to reform the economy.
The TIME magazine on Tuesday published a cover story written by Charlie Campbell on Pakistan’s former prime minister Imran Khan titled ‘The Astonishing Saga of Imran Khan’ which contains both praise and harsh criticism of the former premier.
Talking about economy, Khan said “Our economy has gone into a tailspin. We now have the worst economic indicators in our history.”
The TIME magazine wrote if Pakistan’s economic woes are reaching a new nadir, the trajectory was established during Khan’s term. A revolving door of Finance Ministers was compounded by bowing to hardliners. (After appointing renowned Princeton economist Atif Mian as an adviser, Khan fired him just days later owing to a backlash from hardliners because Mian is an Ahmadi). In 2018, Khan pledged not to follow previous administrations’ “begging bowl” tactics of foreign borrowing, in order to end Pakistan’s cycle of debt. But less than a year later, he struck a deal with the IMF to cut social and development spending while raising taxes in exchange for a $6 billion loan. Mismanagement exacerbated global headwinds from the pandemic and soaring oil prices.
Meanwhile, little was done to address Pakistan’s fundamental structural issues: few people pay tax, least of all the feudal landowners who control traditional low-added-value industries like sugar farms, textile mills, and agricultural interests while wielding huge political-patronage networks stemming from their workers’ votes. In 2021, only 2.5 million Pakistanis filed tax returns—less than 1% of the adult population. “People don’t pay tax, especially the rich elite,” says Khan. “They just siphon out money and launder it abroad.”
But if Khan recognized the problem, he did little to solve it. After his election in 2018, he was in an uncommonly strong position with the backing of the military and progressives, as well as the tolerance of the Islamists. Now, with all the bad blood and open warfare among these factions, even if he claws his way back, “he’ll be in a weaker position to actually effect any reforms,” says Munter, the former U.S. ambassador, “if he had any reforms to begin with.”
According to the magazine, the sympathy is slim in a West put off by Khan’s years of anti-American bluster and cozying up to autocrats and extremists, including the Taliban. He visited Russian President Vladimir Putin in Moscow on the eve of the Ukraine invasion, remarking on “so much excitement.” Khan can both repeatedly declare Osama bin Laden a “martyr”. He has obsessed on Joe Biden’s failure to call him after entering the White House. “He’s someone that is imbued with this incredibly strong sense of grievance,” says Michael Kugelman, the deputy director of the Asia Program at the Woodrow Wilson Center.
Khan spent 22 years in the political wilderness before his 2018 election triumph. But once in power, the self-styled bold reformer turned unnervingly divisive. Opposition is easier than government, and Khan found himself bereft of ideas and besieged by unsavory partners, even kowtowing to the now-banned far-right party Tehreek-e-Labbaik Pakistan despite its support for the extrajudicial killing of alleged blasphemers. There were some successes: Pakistan received praise for its handling of the pandemic, with deaths per capita just a third that of neighboring India. His “Ten Billion Tree Tsunami” reforestation drive was popular, as was the 2019 return of international test cricket, the most prestigious form of the game, following a terrorist attack on the Sri Lankan team and a decade-long hiatus.
The magazine also wrote that Khan’s private life has rarely been out of the headlines. His first wife was British journalist and society heiress Jemima Khan, née Goldsmith, a close friend of Diana, Princess of Wales. She converted to Islam for their wedding, though the pair divorced in 2004 after nine years of marriage, and her family’s Jewish heritage was political dynamite. (The couple’s two sons live in London.) Khan’s second marriage to British-Pakistani journalist Reham Khan lasted nine months. According to a 1997 California court ruling, Khan also has one child, a daughter, born out of wedlock, and he’s struggled to quash gossip of several more. In 2018, six months before he took office, he married his current wife, Bushra Bibi Khan, a religious conservative who is believed to be the only Pakistan First Lady to wear the full-face niqab shawl in public.
It all fed Khan’s legend: the debonair playboy who grew devout; the privileged son who rails against the corrupt; the humanist who stands with the bloodthirsty. His youth was spent carousing with supermodels in London’s trendiest nightspots. But his politics has hardened as his handsome features have lined and leathered. He provoked outrage when in August 2021 he said the Taliban had “broken the shackles of slavery” by taking back power (he insists to TIME he was “taken out of context”) and has made various comments criticized as misogynistic. When asked about the drivers of sexual violence in Pakistan, he said, “If a woman is wearing very few clothes, it will have an impact on the men, unless they’re robots.” Khan has refused to condemn Putin’s invasion, insisting on remaining “neutral”.
Yet analysts say that it was Khan’s relentless taunting of the US that torpedoed his relationship with the military, which remains much more interested in retaining good relations with Washington. To journalists and supporters, he has accused the US of imposing a “master-slave” relationship on Pakistan and of using it like “tissue paper.” To TIME, he insists that “criticizing U.S. foreign policy does not make you anti-American.” Still, by 2022, the generals no longer had his back. The common perception among Pakistan watchers is that Khan’s fleeting political success was owed to a Faustian pact with the nation’s military and extremist groups that shepherded his election victory and he is now reaping the whirlwind.