In the deep end: economic crisis and tough IMF-set targets await Sharif
Article Abstract:
Now that the general election has been held in Pakistan, attention can return to the country's economic state. The new prime minister Nawaz Sharif will have to work within the bounds of the International Monetary Fund and President Farooq Leghari. The IMF wants a drastic cut in the budget deficit, but this is not favoured by Sharif and Sartaj Aziz, his key economic adviser. Any re-negotiation with the IMG could lead to conflict with Leghari, who wants economic reforms and fiscal-austerity measures begun by the caretaker administration, to continue.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1997
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Second time out
Article Abstract:
The Pakistani public's attitude towards the decision by the Pakistani President, Farooq Leghari, to dismiss the Prime Minister, Benazir Bhutto, on November 5 1996, will be apparent on February 3 1997 when a general election will be held. Leghari, using the powers vested in him according to the constitution, has accused Bhutto's government of corruption and damaging the legal system. According to Aftab Sherpao, the chief Minister of the North West Frontier Province, the only person allowed to visit Bhutto, the government was working well.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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Rule of law: court cuts government's power to appoint judges
Article Abstract:
Pakistan's Supreme Court took actions in Mar and Apr, 1996, reminiscent of how India's top court took an activist role in government reform and public-interest litigation. The Pakistani court chided Prime Minister Benazir Bhutto and her government for claiming total control over judicial appointments, and it dismissed a defamation case against two newspapers that criticized public officials. While many observers say the court is far from liberal and full of government supporters, few question its newfound resilience.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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