Pakistan's privatiser Dr Shah on dogs, cats and mice

PakistanÆs Dr Shah discusses the countryÆs economic turnaround and credits privatization as a key policy.
A transformation is taking place in Pakistan, according to Dr Salman Shah, who holds the highest economic portfolio in Pakistan and is adviser to the Prime Minister for Finance, Revenue and Economic Affairs.

Talking at Credit Suisse's conference in Hong Kong this week, Dr Shah said that when President Musharraf took over, the biggest task for his government was restoring investor confidence in the economy. As part of this effort, the government embarked on a programme to reduce the countryÆs û at the time û high level of dependence on IMF funding.

Dr Shah outlined an act passed by PakistanÆs parliament in 2005 - the Fiscal Responsibility and Debt Limitation Act. This act was modelled...

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