VCheng
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- Sep 29, 2010
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nothing can be done about fuel(even that could be offset if some of those manufacturers were exporting stuff). parts and maintenance can be easily localized but arent.
The huge burden of energy imports has many deleterious effects on Pakistan and the quality of life of Pakistanis, the present thread being only one example, not to many the costs of other imported inputs.
While remittances are good for balancing the books, they create a huge demand of imported goods on their own by virtue of those who get the remittances to spend.
The only solution lies in creating enough exports to offset the imports, which will take decades. At least.
also, they have been increasing prices even when there were no additional taxes being imposed, or even when the $ was stable. they just have a habit of ripping people off,
It is not their fault, but the environment in which they operate.