My previous article, titled “Need for export-oriented strategies”, highlighted the low level of exports as a percentage of GDP in Pakistan and the importance of improving global and regional integration. Pakistani producers must become more productive to achieve sustainable growth in exports. This will help address the external account challenges and escape from the vicious cycle involving a ba
My previous article, titled “Need for export-oriented strategies”, highlighted the low level of exports as a percentage of GDP in Pakistan and the importance of improving global and regional integration. Pakistani producers must become more productive to achieve sustainable growth in exports. This will help address the external account challenges and escape from the vicious cycle involving a ba
The robust increase in exports is often regarded as one of the biggest achievements of the government by different ministers, and rightly so. But the positive impact of double-digit increase in exports is being offset by the surge in imports. In fiscal year 2018-19, when the current PTI government came to power, Pakistan recorded exports of $22.96 billion, as per data of the Pakistan Bureau of
Over the past year, we have all been bored to death of listening to that tech dudebro in our circle telling us about the impending fintech revolution in Pakistan. You probably have heard it all: from the outlandish ones predicting a crypto future with no place for fiat to how startups will dethrone existing financial services providers once Raast, the central bank’s real-time micropayments gate
There is a silver lining to Turkey's currency crisis and the global supply chain crunch: The country is becoming an attractive alternative at the gates of Europe for foreign firms. Turkey is seizing on its geographic advantage to woo companies as the skyrocketing cost of sea freight and pandemic-related disruptions to supply chains push some European companies to reduce their dependence on Asia