India copied Pak reforms in 90s: Nawaz Sharif

ajtr

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India copied Pak reforms in 90s: Nawaz Sharif

Former Prime Minister of Pakistan Nawaz Sharif said that India's reforms were influenced by his own government's initiatives in Pakistan.
Speaking at a dinner programme in Dubai last night Sharif said India's reforms that were initiated in the nineties by the Narasmha Rao government were influenced by industrial reforms initiated by his own government in Pakistan, according to Emirates 24/7.
Nawaz Sharif was first elected prime Minster of Pakistan in October 1990 and initiated an ambitious economic programme, privatizing several state owned businesses.
In June 1991 Narasimha Rao became India's Prime Minister and appointed Manmohan Singh as the Finance Minister. Soon the rupee was devalued and Rao, who also held the portfolio of Industries Minister abolished industrial licensing and other socialist measures which India had adopted until then.
"If not for corrupt governments that followed later, Pakistan would have been in the path of economic growth by now," said Sharif who criticised the leadership of both the Pakistan People's Party, currently headed by Asif Ali Zardari and former Military ruler Pervez Musharraf.
He also blamed the two for the increase in conflict and militancy in Pakistan. Calling upon Pakistani nationals living abroad to come forward and help change Pakistan and contribute towards its economic development, Sharif said, returning him to power would be the only way for Pakistan to once again move forward towards economic progress and social stability.
 

Yusuf

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:rotflmao: :rotflmao:

Nawaz a saint and all others corrupt.
 

Tronic

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It had nothing to do with Pakistan, and everything to do with our bankrupt economy in the early 90s. India was bankrupt and defaulting, we didn't have a choice, we had to reform.

This "news" is not meant for the world, just Pakistanis. Elections are around the corner, and Sharif is trying to feed BS to the Pakistani masses that Pakistan would have turned out to be a growing India had the Bhuttos not been voted in power in early 90s, aka, vote for me next elections!
 

Yusuf

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It's funny how this devious Nawaz is trying to play saint and hell projecting himself as the "messiah" for Pakistans ills. One look at him and you know is a grade 1 asshole. Yes I am good at judging a person by looking at his face :D
 

Ray

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Mian Nawaz should have his head examined.
 

Bangalorean

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Stupid Pakis. This Nawaz sharif was the one who sucked up to their Army generals in the 1990s and pushed their country down the path of ruin.
 

pankaj nema

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If Pakistan can claim something to be their Original idea then it is only terrorism

Pakis COPY all our economic financial and banking legislations and enact similar laws for themselves

There are several such references available by Paki economic writers ; who write columns
in their newspapers
 

Shredder

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Copy reforms? Paki reforms are not something unique, the basic concept is liberalization against a socialist economic model. Then again since when have Pakis been known for their intelligence :rofl:
 

Payeng

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So where are the Pakistani peoples car and Bike? Note that The mixed economic model was in lieu for giving opportunity for domestic industries to rise, now maybe Mr. Sharif would tell Pakistan was responsible for the concept of globalisation.
 

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