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State of affairs

State of affairs
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First Published: Mon, Aug 18 2008. 10 31 PM IST

Updated: Mon, Aug 18 2008. 10 31 PM IST
Nuclear-armed Pakistan’s beleaguered President Pervez Musharraf announced his resignation on Monday in the face of an impending impeachment motion by the ruling coalition government.
Musharraf, 65, came to power in a 1999 coup and has anchored Pakistan’s alliance with the US, especially since Pakistan signed up for the US-led campaign against terrorism after the 11 September 2001 attacks.
He promoted an investor-friendly environment and oversaw good growth and surging stocks until this year.
To know more about implications of Musharraf’s resignation, click here.
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First Published: Mon, Aug 18 2008. 10 31 PM IST