Is Pakistan economy on right track as current account deficit shrunk 73% in July.

[Fahad Khan 2]

 

[Yaseen1]

I think expectation regarding u.s package seems to be unrealistic,other things are agreeable

 

[Foxtrot Delta]

Its just one month of july. Government has to keep this up for atleast 1 year then the crisis will be over and the year after that we can pay back the lones we took.

Only july wont save us. There are 11 more Months lets see what happens each month till the month of july in year 2020

 

[Chakar The Great]

Yes...

 

[Fawadqasim1]

Yes it is but at the cost of our savings

Its just one month of july. Government has to keep this up for atleast 1 year then the crisis will be over and the year after that we can pay back the lones we took.

Only july wont save us. There are 11 more Months lets see what happens each month till the month of july in year 2020

barring a war they will make it sir

 

[maithil]

Yes. Stopping economic activities s a good way to save economy.

 

[Type59]

Yes. Stopping economic activities s a good way to save economy.

So is it better to become indebted to other nations and institutions, when debt servicing eats all our tax revenue?

 

[BATMAN]

Imports are declined due to inflation, taxes on banking transactions and increase in poverty.

 

[The Accountant]

Imports are declined due to inflation, taxes on banking transactions and increase in poverty.

Agreed and they should. If you are earning less (exports) than it is stupidity to keep on spending (imports) more. So if you are in financial crisis and your loan options also get exhausted the first thing you do is to lower your expenses and then you try to find out ways to increase your income as it is a longer process.

Dont you think this is the logical approach and the person not using the approach is actually doing a bad job for Pakistan