ziaulislam
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I disagree with that decision probably due to pressure from lending agencies like WB AB and IMF..they wanted a technocrat that they have worked with in the pastAnd what did our "Legendary Kaptaan" do? Throw the man behind this quick improvement under the bus.
Not started yet.secondly oil deferred payment has nothing to do with CAD ..its a loan which isnt counted ..all it will do will what a loan does increase your reservesIf unnecessary imports decrease, foreign remittance exports increase CAD is surely going to decrease, but what I would like to see is the impact of deferred payment oil facility is it incorporated or excluded?
You need structural reforms in evey sector from primary education (that drives growth), banking sector, SME, ease of doing business, taxation , and digital economy ..the work is too much and time is too littleOnly problem is the loan.. which we can't pay back unless we reverse the CAD. We need 5-10 billion dollars positive current account which means that if we reduce our imports by a 7-10 billion and increase exports by 7-10 billion, we will be making and overall profit of 7-10 billion USD.. enough will be available for return of loans and development projects (which will add to the GDP)..
These reforms took decades to implement in other countries but people hope IK will do it with hostile Parliament within a year..