Presidency
As President, Pakistan's economy suffered with economic and political upheavals. During his Presidency, the economic issue was considered a national highest priority. However, after the Pressler amendment came into effect by the United States, a large military and economic embargo was forced on Pakistan, and many commercial relations to Pakistan were cut off. During his time, the nuclear development, economic issues, and political stability, was considered his presidency's highest priority. But, Khan's presidency failed to arrest the control of currency and a new currency crises hampered the Pakistan economy badly. Khan repeatedely dismissed democratically elected governments of Benazir Bhutto and Navaz Sharif that seriously undermined Khan's effort to improve the economy. At the end, Khan was forced to resigned from the Presidency and a call for new elections were made.
Read more about this topic: Ghulam Ishaq Khan
Famous quotes containing the word presidency:
“Some of the offers that have come to me would never have come if I had not been President. That means these people are trying to hire not Calvin Coolidge, but a former President of the United States. I can’t make that kind of use of the office.... I can’t do anything that might take away from the Presidency any of its dignity, or any of the faith people have in it.”
—Calvin Coolidge (1872–1933)
“I once told Nixon that the Presidency is like being a jackass caught in a hail storm. You’ve got to just stand there and take it.”
—Lyndon Baines Johnson (1908–1973)
“... how often the Presidency has simply meant that a man shall be abused, distrusted, and worked to death while he is filling the great office, and that he should drop into unmerited oblivion when he has left the White House ...”
—M. E. W. Sherwood (1826–1903)