The Role of Foreign Aid in the Pakistan Economy EMBA-BFS-2nd BATCH INTRODUCTION The misery of Under Developed Countries like Pakistan, which have the resources to become a prosperous country, however, have not fully achieved their potential, is mainly associated with the problem of poverty. Because of low incomes, the saving ratios also remain low, resulting in low investment levels. At the same time, due to low income the taxable capacity remains lower, i.e. government earnings also remain low. Due to low levels of investment along with the low income on the part of the government the country faces saving-investment deficit as well as the deficit in balance of payments.
Posted on: Fri, 14 Mar 2014 06:33:35 +0000