IMF said that Pakistan's exports are very low compared to Bangladesh, India, Vietnam, Thailand, and other countries


Islamabad: The International Monetary Fund (IMF) said that compared to other countries in the region, Pakistan is a very weak country in increasing exports.
The IMF stated in its report that payment restrictions, tariff and non-tariff barriers to imports, and exchange rates are the main reasons for Pakistan's low exports.
According to the report, Pakistan should look at the atmosphere of competition in the global markets for exports and imports. More value addition is needed in the production of local industries to increase exports and adopt modern technology for increasing the production of local industries and value addition.
It has been added by the IMF that Pakistan's exports are very low compared to Bangladesh, India, Vietnam, Thailand, and other countries.
The report by the IMF also said that the performance of Pakistan's exports in the global market is not much better than that of other countries in the region.
On the other hand, it has also been reported that the IMF has requested a plan from the economic team to increase exports.
Russia loses top Russian navy general killed in Ukraine
- 8 hours ago

The GOP’s big spending bill could kill renewable energy projects
- a few seconds ago

Blizzard is winding down support for its Warcraft mobile game
- a few seconds ago

Google Photos sees several app improvements
- a minute ago

Trump says he’ll look into deporting Elon as fight over bill escalates
- a few seconds ago

ICE-tracking app tops App Store
- a minute ago

Death anniversary of folk singer Alam Lohar observed
- 9 hours ago
Gold price soars Rs800 per tola in Pakistan
- 11 hours ago
Pakistan's first int'l gold medallist Din Mohammad passes away
- 8 hours ago

Microsoft cancels its Perfect Dark and Everwild Xbox games
- a few seconds ago

How Nintendo locked down the Switch 2’s USB-C port and broke third-party docking
- a few seconds ago

Disqualification reference filed against 26 opposition Punjab MPAs
- 9 hours ago