Re: Pakistani rupee hits record low.
Whatever Ishaq set was true. Taking loans and military aid and channeling it into the economy doesnt mean you become an ‘economic tiger’. Musharraf himself blamed Shortcut Aziz who fled away, in a bid to save his kursi.
Also take a look at this:
Pakistan facing bankruptcy - Telegraph
The government is engulfed by crises left behind by Pervez Musharraf, the military ruler who resigned the presidency in August. High oil prices have combined with endemic corruption and mismanagement to inflict huge damage on the economy.
While Mr Musharraf’s prime minister, Shaukat Aziz, frequently likened Pakistan to a “Tiger economy”, the former government left an economy on the brink of ruin without any durable base.