This couontry and Bangladesh can never develop because both these countrys are having excessive population explotion. See Imran Khan No morality marrys marrys and now the fourth marriage he wants to have more and more children only. First of all dump the islamic belief of minimum 4 marriag and introduce only one marriage and only one children per family and then only you can be able to see some development
The economic measures suggested are more like giving oxygen just to avoid collapse. The woes are more fundamental and if not addressed at the root level, you can expect many more such bail outs in the near future. Pakistan’s export of $ 24 billion continue to be dominated by cotton textiles and apparel while Imports $48 billion include petroleum and petroleum products, edible oil, chemicals, fertilizer, capital goods, industrial raw materials, and consumer products, in 2016-17.
(Source Wikipedia)
(I have personally seen tonnes of mineral water Masafi being imported from Dubai while some of the world’s best 5 Rivers run across its country)
Cars, luxury goods, ordinary consumer products and even some food products are heavily imported.
Anyway, the chronic economic disease that Pakistan is suffering can never be cured, unless the domestic production is increased and strict restrictions are imposed on imports.
Obviously, economic stability can never be achieved unless politicians bring a stable government, which doesn’t seem to be in sight for the next 50 or may be 100 years. The country has also created disgruntled neighborhood, thanks to its aimless political agenda.
A simple case of misplaced priorities, mis-management of resources, lack of long term planning and above all, excessive focus on Defence spending as well as unproductive expenditure.
Despite having a good number of well intending economists and industrialists, unless this fundamental change is brought, the country will only get worsened.
Bailing out, in any form, is only a patch work which will not last long.
This couontry and Bangladesh can never develop because both these countrys are having excessive population explotion. See Imran Khan No morality marrys marrys and now the fourth marriage he wants to have more and more children only. First of all dump the islamic belief of minimum 4 marriag and introduce only one marriage and only one children per family and then only you can be able to see some development
The economic measures suggested are more like giving oxygen just to avoid collapse. The woes are more fundamental and if not addressed at the root level, you can expect many more such bail outs in the near future. Pakistan’s export of $ 24 billion continue to be dominated by cotton textiles and apparel while Imports $48 billion include petroleum and petroleum products, edible oil, chemicals, fertilizer, capital goods, industrial raw materials, and consumer products, in 2016-17.
(Source Wikipedia)
(I have personally seen tonnes of mineral water Masafi being imported from Dubai while some of the world’s best 5 Rivers run across its country)
Cars, luxury goods, ordinary consumer products and even some food products are heavily imported.
Anyway, the chronic economic disease that Pakistan is suffering can never be cured, unless the domestic production is increased and strict restrictions are imposed on imports.
Obviously, economic stability can never be achieved unless politicians bring a stable government, which doesn’t seem to be in sight for the next 50 or may be 100 years. The country has also created disgruntled neighborhood, thanks to its aimless political agenda.
A simple case of misplaced priorities, mis-management of resources, lack of long term planning and above all, excessive focus on Defence spending as well as unproductive expenditure.
Despite having a good number of well intending economists and industrialists, unless this fundamental change is brought, the country will only get worsened.
Bailing out, in any form, is only a patch work which will not last long.