IT is alarming that the export sector is in disarray while the imports are ballooning.

A record trade deficit of $30bn has already occurred while the full year figure will be much higher. Unfortunately, the economic policies are designed by therich for themselves.

The common man is totally ignored in the development model being pursued.

Pakistan has become a legalised free-trade zone for dumping foreign goods, destroying the local manufacturing capability and agriculture. Fruits, cut-flowers, vegetables, chocolates, perfumes, cosmetics, juices, BMWs, Mercedes, L and Cruisers, latest electronic gadgets, etc., are being permitted forliberalimport.

To support massive volume of nonessentialimports,expensiveforeignloans are being taken to satiate the appetite of the elite class and this has led to foreign debt.

Huma Arif Karachi