Analysis - Glimmer of hope for cash-starved Pakistan economy as Sharif takes over


  • World
  • Wednesday, 05 Jun 2013

A man a generator with petrol outside his shop during a power outage in Rawalpindi June 3, 2013. REUTERS/Faisal Mahmood

ISLAMABAD (Reuters) - Pakistan's economy is in its worst shape in nearly a decade and yet there is a sense of hope that the incoming government not only seems to know what is needed to fix it but, for once, may also have enough determination and clout to do it.

Former prime minister Nawaz Sharif swept back to power in last month's election, riding a wave of public anger at rival Pakistan People's Party's failure to tackle endemic corruption, power cuts and militant violence.

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