US
Govt has taken some needful measures to stem rising tide of trade deficit
This development strategy alone could not be sustained for a long period of time
Devaluation is an ineffective tool to address structural balance of payments problem
Current talk to give more autonomy is devoid of practical significance.
Government resorts to creative accounting in budget-making
Sectors like education, healthcare, nutrition, sanitation being neglected
Low value addition means Pakistan cannot earn much foreign exchange
Resurgence of load-shedding portrays govt’s myopic aims
Higher oil prices caused increase in circular debt, reduced investment-related imports
Most developing economies have lowered their exchange rates to remain competitive.