Shaukat Aziz faces the considerable challenge of rebuilding an economy that, in his own words, was in “a pretty bleak situation” when Pervez Musharraf staged his bloodless coup. When the general seized power in October 1999, all the talk was of default and isolation and a total breakdown in expenditure controls and relationships with bilateral and multilateral donor agencies. It is just as well that Aziz radiates the demeanour of a man who remains calm under fire.
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