Bot Pakistan

Executive Summary Pakistan, since its establishment has faced the problem of a negative handicraft balance which is harming the economys cash flows. Pakistan is stratified 19 out of 31 countries in the Asia Pacific component lagging behind China, India, Bangladesh and Iran who are much better placed. scorn some success in achieving steady economic addition and reducing poverty, Pakistan s cashbox lags signifi nominatetly behind other countries in the region. Problems such as high inflation and a calculate deficit is hitting the countrys economic growth. Pakistans negative balance of payment reflects the catamenia economic crisis as it has always throughout the history except for two occasion where Pakistan enjoyed raft special. Our foreign exchange reserves are endlessly shrinking and we can witness the strength of Dollar against Pakistani rupee still persist despite of weak US Dollar positions in many other nations. As we can see there is no borrowing trend in market because of this deficit and worst situation of country. Pakistans current trade deficit is 14 Million US $. Pakistan has non been very wise while taking international trade decision and the political instability has also played its grammatical constituent in not making Pakistan a country photogenic for foreign buyers.

, that is why Pakistan has never seen a trade surplus in its history except of two years (1952 & 1972) this excessively happened not because of Pakistans efficiency or effectiveness in making intelligent economic decisions but circumstances kick upstairs us and made us to see a trade surplus in 1952. Due to Korean War in 1952 our demand for jute and cotton increased tremendously and it was a speedy export growth which made us to see a trade surplus in that year and the second sequence in 1972, due to International force devaluing Pakistani Rupees which grabbed the heed of foreign buyers but these steps were short lived and again since 1972 till now Pakistan hasnt seen a trade surplus. Even though we as a nation have comparative... If you want to get a full essay, order it on our website: Orderessay

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