ANS. Pakistan followed the mixed economy model for economic development. With the presence of both the public and private sectors.
Pakistan’s various policies are summarised below.
I In the late 1950s and early 1960s, a variety of regulated policy frameworks were introduced.
(ii) Tariff harriers to protect consumer goods and domestic industries.
(iii) The implementation of the green revolution and agricultural mechanisation…
(iv) Public infrastructure investment in targeted areas.
(v) In the 1970s, capital goods industries were nationalised.
(vi) Denationalisation and encouragement of the private sector in the 1980s.
(vii) Economic reforms were initiated in the economy in 1988.