Pakistan’s forex reserves have plunged 40% in 2018 to lowest in almost 4 years. It’s running twin current-account and budget deficits of more than 5% of GDP.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
With this the shape / state of Pakistan’s economy, a good time for neighbours to sit together, plan to revive SAARC, discuss joint projects of connectivity, power, enhanced trade. When satellites orbit over South Asia at night, they should see many more, brighter orbs of light. That is a conception of Akhand Bharat that makes my heart beat a little faster.
With this the shape / state of Pakistan’s economy, a good time for neighbours to sit together, plan to revive SAARC, discuss joint projects of connectivity, power, enhanced trade. When satellites orbit over South Asia at night, they should see many more, brighter orbs of light. That is a conception of Akhand Bharat that makes my heart beat a little faster.