Exports, not loans, constitute solution
Textile exports for April, 2023 clocked in at $1.24 billion, a staggering $500 million less than the previous year’s exports for April, 2022 and a colossal $1 billion per month…
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…
Faltering exports – the longer term for textiles
When India was partitioned “West Pakistan” had only two cotton yarn spinning mills and “East Pakistan” had no jute mills. Almost all our cotton and jute were exported and we…
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…
Sustaining exports –decarbonization
Pakistan’s exports-based economy is heavily reliant upon its textile sector. More than 60% of the country’s exports are comprised of textiles and the industry employs 40% of the country’s labour…
Pakistan’s exports in the doldrums
Subsidies such as those relating to power tariffs have been the lifelines of our export industry, notably the textile sector. Both of these lifelines are now more or less cut…
For high-tech exports
The single biggest challenge to enhance the exports of Pakistan is to establish industries in high-technology fields so that we can manufacture and export high value-added products. Lessons can be…
Achieving ‘$50bn’ textile exports in 4 years
Pakistan’s textile industry is on an upward trajectory with the addition of $500 million per month through incremental capacity. This has been enabled through TERF (temporary economic refinance facility) and…
Exchange rate volatility and exports
The exchange rate is a crucial component of trade and a dynamic macroeconomic determinant. The trade balance is impacted by exchange rate fluctuations. The growth process is slowed down as…
Enhanced exports: the only solution—I
In the Prime Minister’s address to the nation this week, he lauded the export growth achieved over the past 2 years, particularly through textiles which are the country’s top export.…
