08-29-2009, 02:34 AM
Deficit financing for non-development expenditures, ever increasing import bill, increase in exports is less than required in real terms, appreciation of foreign currencies relative to Pak. Rs., depreciation of domestic currency, ever increasing current account deficit and trade imbalance, inflow of capital (and foreign exchange) is less than required, nature of spending habits of Pakistani public and their leaders (even foreign exchange expenditures of Pakistani public on tea, of which we do not produce a single leaf, is among the largest expenses in foreign exchange), continuously increasing oil and comodity international prices, huge foreign exchange outflow of blackmoney that brings much pressure on domestic currency, Khanani Kalia, Zarco Exchange scams etc. etc. etc.
