Exposing Nawaz Sharif's Tall Claim: "Pakistan was on its way to become Asian Tiger in 1999"

[RiazHaq]

http://www.riazhaq.com/2013/08/pti-and-jui-f-losses-in-bye-polls.html

Nawaz Sharif addressed the nation last week to talk about his plans to tackle economic crisis and talk with terrorists without insisting on a ceasefire. He also threatened to use force if talks don't produce results.

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Sharif also made the fantastic claim that Pakistan was on its way to "become an Asian Tiger" when he was removed in 1999, ignoring well-documented data showing that Pakistan was bankrupt and heavily indebted with a stagnant economy at the end of Sharif's last stint as prime minister.

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Sharif also talked about Pakistan's current debt situation as being worse than ever. This, too, is false. As percentage of GDP, the debt situation in 1999 was far worse. Pakistan's debt was 80% its GDP in 1999, worse than the current 60% of GDP, and far worse than the debt-gdp ratio of 55% when Musharraf left office in 2008.

It's important to remember the historic fact that Asian Tigers did not become Asian Tigers under "democracy". Democracy came only after Asian Tigers became Asian Tigers.

http://www.riazhaq.com/2013/08/pti-and-jui-f-losses-in-bye-polls.html

 

[Fursan]

How will NS supporters justify this !

 

[Vitamin_C]

South Korea's last dictator was gone in early 1980's but it only became an Asian tiger in last 15-20 years.
Pakistan was one of the first Asian tigers in 1960s.

 

[Ali Sajid]

apart from all the political dislikes against Musharraf, he brought economic prosperity in pakistan