Question

Introduction of Economic Reform in Pakistan took place in……………
(Choose the correct alternative)
a) 1978 b) 1980 c)1988 d) 1991

Answer 1

Introduction of Economic Reform in Pakistan took place in 1988.

Answer: Option (c)

Explanation:

The introduction of the economic reforms in Pakistan was originally conceived in the early 1980s. It was thereafter well studied by the finance ministries. Prime Minister Nawaz Sharif and his party Pakistan Muslim League implemented the reforms in Pakistan.  

There was the enforcing of privatization and nationalization and the country endorsed the socialist capitalism within the economy to secure the revenue in the country.