Utilise Foreign Reserves

Amid the efforts to resuscitate the recession-hit economy, the country has maintained sufficient amount of foreign reserves, indicating that the health of overall financial system is in a good shape. This is indeed an encouraging news in view of shrinking revenues, low capital expenditure, soaring unemployment and trade deficit, and high inflation. Nonetheless, one may argue that when the nation derives its economic lifeline from remittances and import-based revenues, the satisfactory quantity of reserves asset alone may not guarantee the economic rebound. Manufacturing and agriculture, considered the hardcore economy, are not faring well. This is a reason why the country is unable to provide employment to the youths who are leaving for foreign countries for better prospect of livelihoods. The economy may be further weighed down when the number of people living the below poverty climb up due to increasing number of natural disasters.