First Period (1988- August 1990)

Merits

Economic

The regime was successful in attracting foreign investment in Pakistan. In 1989, a lot of Multinational

Corporation began to initiate projects in oil exploration, textile and food preservation industries. For

example Cargill (US based company), invested 6.4 Million Dollar in frozen concentrated juice near

Sargodha and pioneer seed began construction of Hybrid seed plant near Lahore with a 15 million Dollar

investment. Both projects had 100 US equity involvements. Dawood- Hercules, a Pak American Joint

venture in fertilizer also expanded operation by investing 345 Million Dollars in existing urea fertilizer

plant. Similarly other MNCs, like Occidental, Union Texas, Caltex and AMOCO also made further

investment or expanded their existing capacities.

Political

India and Pakistan signed a bilateral agreement that neither shall attack on other nuclear

installations

Lifting a ban on unions, permitting freedom of press

.

Demerits

1. Economic

o High Inflation over 13% and Unemployment.

o The government also failed to deal with the country's growing drug abuse problem,

2. Political

Rivalarly with opposition . no confidence movement was brought against the then chief

Minister of Punjab- Mian Nawaz sharif

she pursued a course of confrontation, including unsuccessful efforts to overthrow Nawaz

sharif in the provincial assembly.

No new legislation was passed, and fewer than a dozen bills, all minor amendments to

existing legislation, passed the National Assembly.

Law and order situation especially in Karachi was abysmal during her first period

Made no effort to hold party election and democratize her party structure and organization

Bad relationships with military.

3. Social

Nepotism and political partronage

Appointment of her mother, Nusrat, as a senior minister without portfolio, followed by the

selection of her father-in-law as chairman of the parliamentary public accounts committee, was

viewed in some quarters as ill-advised nepotism.

Violation of Merit

Benazir's government also set up the controversial Placement Bureau, which made political

appointments to the civil bureaucracy

Second Period(1993-1995)

Merits

Demerits

Pakistan came under U.S. pressure to freeze Pakistan’s popular nuclear program and to reach

a settlement over Kashmir. Furthermore, in 1993, the United States (at New Delhi’s urging)

had placed Pakistan on a “watch list” as a state sponsor of terrorism.

Nationwide, chaos reigned. In Sind, another round of sectarian fighting erupted, and strife

between Sunni and Shīʿite Muslims contributed to the mayhem. In the North-West Frontier

Province tribal leaders had become the target of assassins, while others were implicated in

trafficking weapons and drugs.

Privatization without no coherent privatization Policy.