Pakistan’s export performance has remained weak over the past few years. According to the World Bank, Pakistan’s export share in the world exports has declined over time, even less than 1 percent. In the same period, share of Pakistan’s competitors …
Read More »Fortunes of the economy in exports and investment
Dwindling exports from Pakistan have been causing the jitters over preceding decade or so. Substantial trade deficit leading to the unprecedented current account deficit calls for immediate steps to rein in the conundrums. Countless efforts have been made by the …
Read More »Need of the hour –industry status should be awarded to workers’ remittances
Remittances have remained a big source of foreign currency inflows, which partially help finance foreign expenditure, import payments and debt repayment. While the remittance gap between the formal and informal channel is narrowing, at the same time, the gap between …
Read More »Boosting exports from Pakistan
Historically, Pakistan has suffered from adverse balance of payment, because its exports are not enough to finance imports. The policy makers have been fiddling with different policies, from import substitution to export-led growth, but all in vain. The policy makers …
Read More »Import substitution, export promotion slogan should be replaced with ‘make in Pakistan’
For the past 50 years, Pakistan’s export sector is confronted with some structural issues, like lack of value-addition and dependence on few sectors and products (we’re virtually a three-product exporting country), which will take some time to address, at least …
Read More »Dwindling trade balance with china on FTA impasse
Under the first phase of FTA, Pakistan’s trade balance with China had worsened, and it had registered $12 billion mark in financial year 2016-17. Last year, the talks on second phase of Free Trade Agreement (FTA) could not reach a …
Read More »Economic conditions unsettled; SEZs should be made part of the overall growth strategy
Interview with Engineer Daroo Khan Achakzai — President, Federation of Pakistan Chambers of Commerce & Industry (FPCCI) PAGE: What are your views about the current state of the economy of Pakistan? Engineer Daroo Khan Achakzai: The economy appears to be …
Read More »Trade, industry & revitalising exports (Facts & Figures)
Pakistan Trades (Million US $) Period Exports (BOP) Growth Rate Imports (BOP) Growth Rate Balance of Trade Value Cumulative Value Cumulative a b Monthly Period to Period c d Monthly Period to Period a-c b-d Jul-13 2,194 2,194 10.0 8.6 …
Read More »Pakistan’s overall exports post a rise of 16.98pc in Dec-2018
Textile industry gritty to double the exports in next 5 years Researchers find that the developing countries are rapidly growing their shares of manufactured trade, not just in labour-intensive products, but also in capital and skill-intensive ones; their shares are …
Read More »Investment in human capital long-term growth path for Pakistan
Human capital development inevitable for manpower export and remittances With the contribution of human capital in total wealth growing globally, the creation of a skilled labor force that is more productive and better able to adopt and adapt to new …
Read More »