Muhammad Zia-ul-Haq - Economic Reform

Economic Reform

Main article: Market Corporatization in Pakistan See also: Fifth Five-Year Plans of Pakistan

Under Zia, the previous ruler Zulfiqar Ali Bhutto's nationalisation policies were slowly reversed, and gradual privatisation took place. Zia greatly favoured egalitarianism and industrialisation. Between 1977 and 1986, the country experienced an average annual growth in the GNP of 6.8%, one of the highest in the world at that time.

Read more about this topic:  Muhammad Zia-ul-Haq

Famous quotes containing the words economic and/or reform:

    “Politics at all times lead to bloody wars, and not only politics, but also religions as well as social and economic systems of all times are spattered with blood. Invariably the big ones devoured the little ones, and the little ones the tiny ones.”
    —Friedrich Dürrenmatt (1921–1990)

    “Let us reform our schools, and we shall find little reform needed in our prisons.”
    —John Ruskin (1819–1900)