Export growth won’t be easy from now on
Ever since the rupee-dollar parity was allowed to be determined by market forces the Rupee depreciated dramatically and in consequence we became competitive in our exports and they began to…
‘Effective’ energy allocation for export growth
Pakistan’s immense economic potential will remain elusive as long as the most productive sectors that enable export-led growth are deprived of energy availability and consistency. Despite the textile exporting sector’s…
Export growth dependent upon sales tax refunds
Over the last twelve months it has been clearly demonstrated that our exports can grow provided we are given a “level playing field” to compete with our competitors. When the…
Jubilation at export growth is premature
The fact that exports this financial year, July 2020 onwards are much higher than they were in the same months the year before is a source of great joy and…
Export growth is destined to remain weak
Defenders of faith have joyously celebrated the 24% jump in exports during March. To them this is confirmation that the steady decline of the last three years has bottomed out…
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…
Time to take charge The petrochemical sector can help us achieve import substitution, promote export-led growth and join the ranks of industrialized nations
Pakistan is at a crucial juncture where the industrialists, government and other key stakeholders need to make some urgent calls related to the economy. There is a dire need to…
Exports for economic growth
Trade and technological advancements provide the fundamental impetus for sustainable economic growth. Nations that are more open to international trade and more advanced in technology have proactively achieved high levels…
Foreign aid or export-led growth?
Pakistan’s total public debt rose to Rs36.3 trillion, which is equivalent to 87 per cent of the GDP, by the end of the previous fiscal year, and is anticipated to…
Export-led growth takeoff
Setting the stage for sustainable economic growth, Pakistan’s exports for the month of December 2020 grew by 18.3% to USD 2.357 billion as compared to USD 1.993 billion in December…
