What were the needs of economic reforms??
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Need for the economic refors were as follows:
1. Fiscal Deficit= it refers borrowing of government from World bank.. It was increased too much.
2. Balance of Payment Deficit= It is the differnce between Total receipts and total payment of a country.
3. Fall in Foreign exchange reserve= Foreign exchange rate was too law.
1. Fiscal Deficit= it refers borrowing of government from World bank.. It was increased too much.
2. Balance of Payment Deficit= It is the differnce between Total receipts and total payment of a country.
3. Fall in Foreign exchange reserve= Foreign exchange rate was too law.
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