Dr. Gohar Ejaz In FY23, textile exports plunged by $2.8 billion (15% decline) compared to FY22, derailing positive developments achieved over the last two years. This decline, along with a provisional 13% decrease in June-23 compared to June-22, requires a closer examination of causes like energy costs, liquidity crises, tax refund issues, import restrictions, […]
Dr. Gohar Ejaz Pakistan is spiraling into abject poverty and is slipping further into the abyss. The World Bank (WB) reports that over the last three years, real incomes have declined at a rate of 10.9%, while the wealth of Pakistani citizens has contracted by more than a half. Our current state of turmoil is […]
Shahid Sattar and Amna Urooj Pakistan’s policy makers have been consistently formulating excellent policies to address challenges in the industrial sector of the country, but these have been fruitless due to non-continuity and lack of implementation (Khan 2016). While some policies may yield short-term benefits, but to gain traction, they often lack sustainability in the […]