What's new

Pakistani current account deficit reduced from $20bn to $3bn

Very positive trend. The key challenge is keeping approval levels up during tough economic reforms. Short term austerity to lay a solid foundation is what Pakistan desperately needs as the nation has so much potential. Falling into the trap of building a palace on a soil of sand is easy but only gives short term results.
 
.
Great progress, if we can kill the fiscal deficit in next fiscal year (hopefully) and go in surplus then it would be a huge achievement of this govt.
 
. .
Our politician does not have capability to drive the Pakistan towards growing direction.

Just take the power of using cash and other financial resources along with strict check and balance from the whole ruling class, and then we will see how much honest they are to work for country without any personal financial gain.
In the first world the politicians love their country, they make sure its developed has wealth fare state, has several anti corruption institutions. Many of the most developed country's spend low amount of money on defense, they are peace loving country's, there are plenty of great examples to follow.
 
. . .
Back
Top Bottom