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November 12, 1999

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Musharraf orders sale of luxury aircraft

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With the revival of the terminally ill Pakistan economy high on his agenda, Chief Executive General Pervez Musharraf has ordered sale of the two luxury aircraft which were in the use of deposed prime minister Nawaz Sharief.

The two Boeing 737s would be replaced with an aircraft cheaper to operate as the cash-starved country could not afford luxury aircraft, an official statement in Islamabad said.

General Musharraf has promised to cut wasteful expenditure to put the economy on the road to recovery and a massive drive begins on November 17 to recover more than two billion dollars in defaulted loans. A downsizing of the government also is on the cards, sources said.

Nawaz Sharief, who now faces charges which carry a death sentence, is also being investigated for keeping a Russian-made helicopter for personal use without accounting for it in his tax returns.

UNI

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