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.

---

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.

Government spending policy

---

Similar abstracts:

• Abstracts: New plan looks for balance. Risky business: labour activist alleges government pressure. Where has all the labour gone
• Abstracts: Open for business: Vietnam's economy gets big lift from Taiwanese
• Abstracts: The markets speak: political standoff leaves investors feeling cautious. Limited damage
• Abstracts: Damn foreigners can't recognize fair play. Cornered by the speaker
• Abstracts: Ascent of angels. Mad as hell: small-businessmen emerge as a political force. Parties in flux

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.