Business as usual: Pakistan's new regime vows continued reform
Article Abstract:
Pakistan's new government will carry on the market reforms begun by former Prime Minister Nawaz Sharif, whom Pres Ghulam Ishaq Khan removed from office on Apr 18, 1993. The conflict between Sharif and Ishaq Khan showed that the country strongly supported the economic policy that Sharif has advocated since achieving office in Nov 1990. Accordingly, Interim Prime Minister Balakh Sher Mazari and Finance Minister Farooq Leghari will move ahead with the deregulation and privatization of the Pakistani economy.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Help for business: Pakistan finance minister aims to boost investment
Article Abstract:
Pakistani Finance Minister Sartaj Aziz on Jun 14, 1993 unveiled the government budget for the fiscal year beginning Jul 1. The budget seeks to improve the country's economy by stimulating investment and capital markets. The budget will accomplish this goal in several ways such as reducing the excise duty on bank loans to 1% and eliminating a 5% capital-value tax imposed on new shares. Opponents complain that the budget is too pro-business and spends too much.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Comment about this article or add new information about this topic:
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