Achieving self-reliance by eliminating foreign loans through balanced trade and local production.
Achieving self-reliance by eliminating foreign loans through balanced trade and local production.
Ending foreign debt enhances sovereignty, reduces external dependence, and protects the economy from global financial shocks.
Balance the trade account by curbing non-essential imports and promoting exports. Inward remittances—around $3 billion per month—should be prioritized for debt repayment, enabling clearance of $100 billion in just three years.
Boost domestic production through tax relief, infrastructure, and strategic tariffs—creating jobs, saving foreign exchange, and raising GDP.
Use a realistic, floating exchange rate to support exports and discourage imports, aligning trade flows with actual economic strength.
A debt-free, production-led economy built on disciplined foreign exchange use ensures sustainable growth and lasting independence.
Over $100 billion in external debt, growing annually with high interest payments.
Heavy reliance on imports, including luxury and non-essential goods.
Often used for consumption or to cover temporary gaps.
Artificial controls cause overvaluation, trade deficits, and speculative losses.
Local industries suffer from import dumping and lack of policy support.
External loans influence policy, undermining fiscal independence and long-term planning.
Eliminate foreign borrowing by prioritizing remittance use and maintaining trade balance.
Restrict non-essential imports and promote local substitutes to reduce forex outflow.
Redirect remittances toward foreign debt repayment and investment in productive sectors.
Adopt a market-based exchange rate to boost export competitiveness and stability.
Provide incentives and protection to local producers to enhance export capacity.
Build self-reliance through disciplined forex use and mobilization of domestic resources.