Ishrat Husain: Structural reforms in Pakistan’s economy Speech by Mr Ishrat Husain, Governor of the State Bank of Pakistan, public lecture at the Indian Business School, Hyderabad, 7 October 2005.
*  *  *  Pakistan is one of the few developing countries that was able to attain an impressive record of economic growth and poverty reduction in the first forty years of its existence. GDP growth rate until late 1980s averaged about 6 percent per annum and the incidence of poverty was lowered from 46 percent to 18 percent.