Muhammad Zia-ul-Haq - Economic Reform

Economic Reform

Main article: Market Corporatization in Pakistan See also: Fifth Five-Year Plans of Pakistan

Under Zia, the previous ruler Zulfiqar Ali Bhutto's nationalisation policies were slowly reversed, and gradual privatisation took place. Zia greatly favoured egalitarianism and industrialisation. Between 1977 and 1986, the country experienced an average annual growth in the GNP of 6.8%, one of the highest in the world at that time.

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