PM talks about Privatizing Pakistan

The economy of Pakistan is booming thanks to soaring FDI and domestic investment. We talk to the Prime Minister of Pakistan about the privatization agenda.

Pakistan suffers from an image problem. When all that people see and hear from the country are reports from the Northwest or Kashmir about bombings, shootings and tribal violence, it is understandable if their appetite for investing money in the country is limited.

However, the country has had something of an economic renaissance in recent years, mainly under the watchful gaze of Prime Minister and once Finance Minister, Shaukat Aziz. This former Citibanker has overseen a series of economic reforms that have resulted in 8.4% economic growth in 2004-5.

And despite the CNN-discount, both foreign investment and fiscal revenue collection were at record levels last year...

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