LONDON, Sept 16: The Sunday Times referring to what it believes to be Pakistan’s economic gains during the Musharraf regime has wondered why so many of those who have benefited from his rule are now calling for him to quit.

And why, it further wondered, many were rooting for Nawaz Sharif and Benazir Bhutto who were allegedly corrupt.

One Western diplomat is quoted to have blamed it on what he called ‘people’s short memory’.

However, while conceding that corruption was still rife the report quoted critics as saying that the economic gain has mostly benefited the army and a small land-owning elite, creating few new jobs while pushing up inflation.

“They (critics) attribute the growth less to economic reforms than to about $10 billion of American aid and huge remittances from Pakistanis overseas since 9/11,” the paper said.

One of the critics, Sakib Sherani, the chief economist at the ABN Amro Bank in Islamabad, told The Sunday Times: “If you benchmark Musharraf against the past, this has been a golden age. The figures are correct, but is this growth sustainable, equitable or desirable?”

Others, The Sunday Times said, blamed Gen Musharraf’s unpopularity on his close ties with the US, whose policies are widely hated, even among the middle class.

It said equally important was Pakistan’s independent media, which has flourished since 1999 – there are now 14 private television news channels, including one in English.

Opinion

Editorial

GB polls’ aftermath
Updated 11 Jun, 2026

GB polls’ aftermath

The new administration must address the region’s issues proactively.
Peace in retreat
11 Jun, 2026

Peace in retreat

THE ceasefire announced in April was supposed to create space for negotiations. Instead, it has been repeatedly...
A few good men
11 Jun, 2026

A few good men

IT was a brave move, no doubt. This Tuesday, in the land of the Afghan Taliban, a few good men decided to take a...
Centre vs provinces
Updated 10 Jun, 2026

Centre vs provinces

The reason the centre finds itself in this position is rooted in its failure to expand the tax net and boost revenues.
Party in crisis
10 Jun, 2026

Party in crisis

THE young KP chief minister must be starting to realise just how thorny a seat he occupies. There has been a flurry...
Varsity woes
10 Jun, 2026

Varsity woes

FINANCIAL crises affecting public sector universities across Pakistan are now having an impact on academic...