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Why emphasis on export-led growth becomes imperative

In the expansive arena of economic governance, Ludwig von Mises’ profound assertion resonates: “If one rejects laissez-faire on account of man’s fallibility and moral weakness, one must, for the same…

High-tech export strategy

A 20-member delegation representing various sectors of Pakistan’s industry left for China on December 10, with the objective of enhancing Pakistan’s exports from the present shamefully low figure of $30…

Export sector: prohibitive energy costs

If the economy is to be stabilized, exports can no longer afford to pay for the energy sector’s failures and inefficiencies, and the government’s social obligations. Power tariffs in Pakistan…

The cost of anti-export bias

Our country in general and our bureaucracy in particular have a strange bias against exports and a particular preference for imports. Wherever exports are concerned, roadblocks and difficulties shall be…

Income inequality: export-led growth only solution

Pakistan is currently in difficult circumstances, grappling with deindustrialization and widespread unemployment. The country’s inflation rate at 36.4% has forced millions of families into subsistence conditions. Shockingly, 22% of the…

Falling exports and imports

The February figures of exports, imports and balance of trade have just been released. They tell a story of extreme contraction in the volume of trade. Cumulatively, over the first…

The 80/20 rule for maximising foreign exchange earnings

Pakistan’s economy has been facing a number of challenges in recent years, including low growth, high inflation, large fiscal and current account deficits, and declining foreign exchange reserves. Despite various…

Faltering exports

The textile exports are faltering since July 2022. They have been growing rapidly for the previous two years, but we have now come to a barrier to further growth. While…