Patriot forever
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Exports are down by Usd 200 million when compared with Dec 2020
Winter season is over so naturally textile exports will go down in coming monthsExports are down by Usd 200 million when compared with Dec 2020
exports are cutthroat competitionGood news but we need to further speed it up.
we need to decide whether we want communism or sarmayadar system with govt getting its due share in taxesUnfortunately the chance of real, sustained export growth is limited. This spurt and start pattern will not get Pakistan anywhere, particularly given the extreme low base quantum of exports for country the size of Pakistan. Tiny countries that are no bigger then small towns export more. I don't expect much to change in the short term. The reasons are -
Emerging Faisalabad Industrial Estate and Rashakai Industrial estate are source of some good news. But the nationalm picture is depressing and without major structural changes Pakistan will continue to limp along like a sick patient with survival dependent on ex-pat remittances and loans.
- the rentier elite that has it's hold on Pakistan economy has tentacles within PTI government
- Abdul Razak dawood is one of them and he will protect the rentier elite that lives like a parasite
- CPEC has tripped and failed to reconfigure the economy by not providing a alternate trade axis along the western corridor with it's hub in Gwadar.
- this has left Gwadar like a marooned island cut off from it's hinterland
Quite sad really. The optimism of CPEC has faded. Crushed by the rentier elites who have total monopoly over the Pakistan economy. They have the Pakistani economy in a stranglehold.
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?we need to decide whether we want communism or sarmayadar system with govt getting its due share in taxes
Winter season is over so naturally textile exports will go down in coming months
December is traditionally the month with high volume of exports as western countries have high shopping spree just before Christmas and New Year's specially on boxing day.Totally wrong on many levels, summer is the longer season with bigger volumes for all Textile products, also technically Dec to May factories are producing for Winter 2021/2022, summer 2022 is currently under discussion and order will come from June onwards.