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Old Monday, October 11, 2010
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Default Ecomomic condition of musharraf's era & zardari's government

can anyone tell me the total external debt of pakistan???
i want to knw ecomomic condition of mushrraf's era and gallani's government??
was mushrraf's economy better than gillani??
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Old Monday, October 11, 2010
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Quote:
Originally Posted by arsa View Post
can anyone tell me the total external debt of pakistan???
i want to knw ecomomic condition of mushrraf's era and gallani's government??
was mushrraf's economy better than gillani??
Pakistan's external debts are $ 56 Billion as on June, 2010
It was $ 38.86 Billion at end-March, 2007

Economic growth was 7% in 2006-07 and it is 4% in 2009-10

http://www.finance.gov.pk/survey/cha...view_06_07.pdf

http://www.finance.gov.pk/survey/cha...0economy08.pdf

http://www.finance.gov.pk/survey_0910.html

According to the Economic Survey of Pakistan Musharraf Era was better than PPP's Era and the biggest reason behind this is power crises. Corruption is also a big factor.
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Old Monday, October 11, 2010
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@umair sandhu
thnx bt i dont ve much time to read such a lengthy papers like this.i want to get this information for my ppcs interview which held on 18 oct,so if u and anyone tell me abt the condition of both government wd reference.it would b very helpful for my interview
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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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