Pakistan’s depreciating foreign reserves and India emerging as an economic giant with foreign reserves of more than 600 Billion $.

by Moin Akhtar
2 comments
Economic Crashes of Pakistan

The ideological foundation of Pakistan on the basis of its religion divided the subcontinent into two.” Two nation theory is given by sir Syed Ahmed khan after the war of independence in 1857. The struggle of Muslims was started and in 1947 they established their own country named the Islamic republic of Pakistan. The subcontinent is divided into two parts India and Pakistan. Let’s compare both countries in the aspect of only one factor economically.

Pakistan’s depreciating foreign reserves

According to the current economic situation, the reserves of India reached 600 US billion, and the reserves of Pakistan reached 8 US billion. You may compare both countries with the same potential at the time of independence. Reserves are the backbone of the economy, it is mandatory to have more reserves to boost the economy and took the confidence of other trading partners. India is the world’s 5th largest economy while Pakistan ranked 23rd in the world.

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2 comments

Sanila ali December 1 - 2:38 pm

Zbrdst

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Sanila ali December 1 - 2:41 pm

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