What are the reasons for the …
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Posted by Anmol Gandhi 5 years, 10 months ago
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Yogita Ingle 5 years, 10 months ago
The percentage of poor was 40% in 1960s that reduced to 25% in 1980s and started going
up in 1990s.
The causes for% the slow down of growth and remergence of poverty are as given below
(i) The agricultural growth and food were not based on institutional basis of technology. Rather, it was based on good conditions. When the conditions were good the economic growth showed positive trends and vice-versa.
(ii) In Pakistan, most foreign exchanges came from remittances from . Pakistani workers in the middle east.
(iii) In Pakistan, there is more dependence on foreign borrowings and increasing difficulty in
paying back the loans.
(iv) Inadequate infrastructure for manufacturing sectors.
2Thank You