Career
Omar Ayub served in the cabinet of ex-Prime Minister Shaukat Aziz and tried to bring about a turn around in the economic situation of the country. The Real GDP growth at the time was recorded at a healthy 6.2% for the fiscal year 2005-06 but subsequently, various problems such as heavy burden of taxation on the lower-income groups, low industrial output and low direct foreign investments, compounded by the situation resulting from Pakistan's involvement in the War against Terror and its attendant fallout, brought the country to the verge of bankruptcy.
As a result of this, and due to the increasing unpopularity of the Musharraf regime and its supporters in Pakistan, he lost his seat in the 2008 general elections to his main political opponent in the constituency, Sardar Mushtaq Khan of PML (N)
Read more about this topic: Omar Ayub Khan
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