
Citibank executive turned Pakistani PM.
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As Finance Minister under President Pervez Musharraf from 1999 to 2004, Shaukat Aziz implemented economic reforms including privatization of state-owned enterprises, banking sector reforms, and tax restructuring. These policies contributed to GDP growth averaging 7% annually.
Shaukat Aziz was appointed as the 17th Prime Minister of Pakistan on August 28, 2004, after serving as Finance Minister. He was a former Citibank executive and his appointment marked a technocratic shift in Pakistani politics.
Shaukat Aziz completed his five-year term as Prime Minister on November 15, 2007, becoming the first Pakistani Prime Minister to serve a full term since 1977. His tenure saw continued economic growth but also rising political instability.
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