Streaming Media

Media Type

Lecture

Publication Date

6-21-2005

Description

Recent media reports, commentators and editorials have raised questions about the growing trade deficit faced by Pakistan in the current fiscal year, as well as, about the rise in the absolute level of External Debt. In raising these issues a serious concern has been expressed about Pakistan’s ability to pay its external obligations and the impact on foreign reserves in the future. Alternatively, it is argued, that these obligations can be paid only by incurring higher debt from abroad and thus increasing debt burden.

Notes

Lecture delivered at the 82nd National Management Course of Pakistan Administrative Staff College, at Lahore on June 21, 2005

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