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Foreign Reserves Phenomenon: Shaukat Aziz Versus Ppp
Essay specific features
Written by:
Joel T
Date added:
September 11, 2013
Level:
Grade:
A
No of pages / words:
4 / 1117
Was viewed:
4693 times
Rating of current essay:
Essay content:
Reserves also bail out the economy in times of financial crisis.
By October 2007, at the end of Prime Minister Shaukat Aziz’s tenure, Pakistan raised back its Foreign Reserves to a handsome $16.4 billion. His exceptional policies kept our trade deficit controlled at $13 billion, exports boomed to $18 billion, revenue generation increased to become $13 billion and attracted foreign investment of $8...
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His exceptional policies kept our trade deficit controlled at $13 billion, exports boomed to $18 billion, revenue generation increased to become $13 billion and attracted foreign investment of $8.4 billion.
Pakistan recently has seen a drastic drop in its Reserves by 50% and its currency devalued by 40%, which has left ordinary people confused and the usual cynics have started heaping the blame onto the policies of Mr...
displayed 300 characters
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