Science, asked by appulu1, 1 year ago

What were the needs of economic reforms??

Answers

Answered by Vickypanjiyar
1
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.
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