❌PTI era (2018-2022): Trade deficit = 102% of exports
✅Last 2 years: Deficit reduced to 69% of exports
✅Result: Lower demand for external financing
To keep the trade deficit in check, it's crucial for the Govt to maintain its current policies.
Pakistan's gross debt to GDP ratio decreased by 6.5% in the last two years, credit goes to PMLN.
This drop is mainly due to less reliance on external debt due to significant decrease in trade deficit.
In contrast, the ratio increased by 10.2% during PTI's 4-year rule.
Pakistan's gross debt to GDP ratio decreased by 6.5% in the last two years, credit goes to PMLN.
This drop is mainly due to less reliance on external debt due to significant decrease in trade deficit.
In contrast, the ratio increased by 10.2% during PTI's 4-year rule.
❌PTI era (2018-2022): Trade deficit = 102% of exports
✅Last 2 years: Deficit reduced to 69% of exports
✅Result: Lower demand for external financing
To keep the trade deficit in check, it's crucial for the Govt to maintain its current policies.
❌PTI era (2018-2022): Trade deficit = 102% of exports
✅Last 2 years: Deficit reduced to 69% of exports
✅Result: Lower demand for external financing
To keep the trade deficit in check, it's crucial for the Govt to maintain its current policies.