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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…

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…

IT export sector – I

Pakistan’s IT export sector has been in the news a lot lately. The reason is because after so many years of fairly flat or nominal growth, IT exports started growing…

Karachi-a voice unheard

Drowned. Submerged. Disconnected. Disman-tled. Dying. These sorrowful adjectives are not describing some mini-island of Indonesia but the largest city in Pakistan and the eighth largest city in the world –…

Export culture is just a mirage

Business community is considered a very strong and potent force anywhere in the world. The opinions, views, and concerns of business/industry community are taken with all merit. A united community…

Karachi: economic powerhouse

Two news items last week prompted me to write on the economy of Karachi, the country’s largest city and its economic hub. These are: * The data relating to exports…

Exports under pressure

THE trumpets of triumph have not died down and already the tide looks like it might be preparing to recede. For a number of weeks now, we have been hearing…

Declining Exports

Declining exports

Pakistan's trade deficit from July to October 2016 has increased to US $9.3 billion and the annual deficit for FY 2016-17 is estimated to jack up to $28 billion which…

N-power Plants In Karachi

N-power plants in Karachi

After having failed to create premonitions and misgivings in recent past about construction of two coastal nuclear power stations near Karachi, namely Kanupp-2 and Kanupp-3, the anti-nuclear lobby has once…