Dean Winchester
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- Oct 11, 2016
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Trade deficit is like a pendolum, it goes up and down. Economy has Improved a lot in last 4 years. There are thousands other parameters to judge economy. Trade deficit is one of them but not the only one.It hurts me that the economic or corrupt situation is not changing in Pakistan for the better.
Hopefully India will too Join Cpec and it will result in greater good for the regionNot much to worry. CPEC will fix it.
Hopefully India will too Join Cpec and it will result in greater good for the region
Not much to worry. CPEC will fix it.
its not usual for emerging economies to have huge trade deficits when there is sudden surge of investment(makes common sense right, more investment, more imports)this is drastic ... the government lack of focus on LSM and SMEs is taking it's toll .... no amount of FDI can make a country survive if it's export are dwelling like that...
Not much to worry. CPEC will fix it.
For India, it was oil prices which determine our trade deficit mainly. The present CAD reduction is mostly due to depressed oil prices. If I were Pakistani, I would worry that why even after having low oil prices the CAD is widening.its not usual for emerging economies to have huge trade deficits when there is sudden surge of investment(makes common sense right, more investment, more imports)
Corruption of Congress party has driven India to such a dire economic stateits not usual for emerging economies to have huge trade deficits when there is sudden surge of investment(makes common sense right, more investment, more imports)
for example india in last decade had large trade deficit,(yes i am talking in terms of GDP not actual, if i count actual each month deficit would be in nearly half of what we posted)
the thing that worreis me is that govt is not taking this serious and in future this would a big issue once inevestment dries up
http://www.livemint.com/Politics/xN...alance-of-payments-swings-to-surplus-RBI.html