Oh, so whoever wrote that is economical genius and whatever we see with our own eyes is just mirage? 
Do not think that if a person has western name than he/she becomes God and his words are coming from Arash (sky). All Pakistani crooks have their paid mulazims in western press, talking BS all the time.
If you have any argument than explain the obvious, that is if Pakistani economy was bad and was in trouble than why Rupee was holding its value (for 8 years till April 2008), reserves was going up (throughout during 8 years), stock market was rising (throughout 8 years and touched highest point in April 2008), federal tax collection was going up (throughout 8 years), exports was going up (throughout 8 years) … etc etc. If you could not explain these obvious, than do not try to BS with BS references