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Smart Reasoning:

C&E

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Qaagi - Book of Why

Causes

Effects

The Chinese financial relief ... unfair loans under CPECare contributingto Pakistan 's balance of payments crisis

This growing import billhas resultedin Pakistan ’s balance of payments deficit of $ 15.63 billion

their remittancescontributingto Pakistan 's balance of payments

exorbitant costcreatinga huge balance of Payments issue for Pakistan

shortage of dollars ... the countrycreatedthe balance of payment problem in Pakistan

the factorscontributetowards persistent adverse balance of payments in Pakistan

the devaluation of rupee ... the countrycreatedthe balance of payment problem in Pakistan

money laundering ... the countrycreatedthe balance of payment problem in Pakistan

the constant increase in oil priceshas ledto the huge deficit in the balance of payment in Pakistan

at least $ 12 billion(passive) caused byat least $ 12 billion

in a speedy decline of the reserveshas resultedin a speedy decline of the reserves

to the build - up of external buffershas contributedto the build - up of external buffers

a push by the new government to seek new loans or debt rescheduling between Saudi Arabia and Chinahas prompteda push by the new government to seek new loans or debt rescheduling between Saudi Arabia and China

the currency when floating exchange rate regime is operatinginfluencesthe currency when floating exchange rate regime is operating

the oversupply of the dollarcausedthe oversupply of the dollar

serious problemscreatesserious problems

to improve , on the back of reduction in the trade deficit and remittance inflowsis setto improve , on the back of reduction in the trade deficit and remittance inflows

from heavy machinery importsresulting mainlyfrom heavy machinery imports

to a sizeable outflow of gold , Role of monetary policy in a developing economyleadsto a sizeable outflow of gold , Role of monetary policy in a developing economy

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Smart Reasoning:

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