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Old Monday, October 11, 2010
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Mushaaraf economic policy as devised by shukat aziz and company was based upon the low interest rate to stimulate the investment. It was successful to some extent as we witnessed sustained growth for some years but it gave benefits only to those people who had already resources available and access to bank loans. In the end we saw many cartels earning huge profits in the fields of sugar, cement, automobiles and steel, stock exchange brokers and investors.

Not sure about the current gov. policy as it has miserably failed to stimulate growth and investment so far.
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