After the budget: What’s missing in Pakistan’s export promotion policy?

Dawn | Jun 14, 2019 at 3:37 PM
  • In his book Growth and Inequality in Pakistan, former Minister for Finance and Economic Affairs Dr Hafiz Pasha notes that the decline in Pakistan’s “ability to service external debt … is clearly demonstrated by the phenomenal increase in the external debt to exports ratio”.
  • Despite significant improvement in the quantity of exports, the SBP data demonstrates that the year-on-year increase in dollar value of exports has remained minimal at 1.9pc for the first half of FY19.
  • Linking defence industrial establishments like the Pakistan Atomic Energy Commission and Heavy Industries Taxila to industry players and research institutions can potentially increase industrial productivity and.