13 Nov 2013

Technical Education Make Prosperity - part two

                  TECHNICAL EDUCATION MAKE PROSPERITY – PART TWO

The foreign exchange has always been an absolute necessity for the economic development of any nation. Pakistan has very few resources for earning foreign exchange. Cotton, Carpets, manual labour are main sources of foreign exchange. But the fluctuation of rates in the international markets and cutthroat competition in world market make it impossible for a country like Pakistan to meet the target.

The population growth rate in Pakistan is 1.7 %  which is a burden on meager resources of the country. Seventy six percent of our population is dependent upon others for their daily needs. They lead a very poor life. Thus rapid growth in population is a big danger for economic depression of the society.

Since the birth of Pakistan, foreign assistance in the shape of grant loan, aid, barter agreements, are playing significant role in the economy of the country. But the misappropriate use os foreign aids has made the economic development in Pakistan an uphill task. A large amount of aid is used to pay the interest on the previous loans.

To make progress. Pakistan needs to overcome all these hurdles. But it is not possible unless a strong political system exits in the country and people of the country start realizing their individual duty.

 Here...Alas Mrose...the original contents by www.sensualityface.com or www.fairyage.com / describe with the help of B. Com part i, ii & prof

Labels: , ,

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home