position and caused her to fear that once again she might be forced out of office.) Demonstrations and strikes often led to violence including, sometimes, the deaths of demonstrators. Assassinations and bombings were commonplace. WHAT WAS THE UNITED BANK SCANDAL? In 1996 Benazir Bhutto attempted to privatize this important bank and raise much needed funds for the government. Unfortunately, offers made for the bank fell well short of what was expected. Even so the government proposed going ahead with the sale of The Internatio be hant ro ap am-arently Saudi-based the bank to an apparently Saudi-based company. With claims of corruption and that the Ine internatic buyers were actually a group of Pakistani businessmen, the sale was halted. This further damaged Benazir Bhutto's government. WHY DID PAKISTAN HAVE TO SEEK HELP FROM THE IMF? \( \rightarrow \) ECONOMIC ProblemS With all the political problems, it is not surprising that economic problems worsened. Kashmir and the confrontation with India caused military spending to spiral upwardsa 14 per cent increase in 1995-96. The Government had to pay heavy interest on huge loans and there was a large balance of payments deficit. Pakistan's economy was also hurt by terrible floods and serious plant disease that affected agricultural output. These were natural disasters and not the fault of Benazir Bhutto's government but they had to be dealt with. In 1995 Pakistan desperately needed a loan from the IMF which was reluctant to help. They insisted on tough economic policies countries This is a picture from Nigel Simth's book, it mentions united bank scandal, I am confused firstly because I can't figure out if it is same or different than the privatisation policy, secondly didn't it happen during Nawaz Sharif tenure? Please confirm.