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The Economic Analysis

Reducing trade deficit: Import less, export more

Reducing trade deficit: Import less, export more

The massive trade deficits of more than US$ 9 billion in the last two years brought out the fundamental flaws of the country’s trade balance and the overall weaknesses of the economy. Such large trade deficits are strains on the balance of payments and on the country’s reserves.It is imperative that we increase exports as [...]

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