Pakistan's Agricultural Policy Delays Cost Billions, Strain FX Reserves

Pakistan's Agricultural Policy Delays Cost Billions, Strain FX Reserves

Pakistan's agriculture sector is losing an estimated $2-3 billion annually due to policy delays and inconsistent regulation, reports OICCI. Halved cotton output forces textile imports, while biotech policy delays hinder potential maize exports, straining foreign exchange reserves. This pressure on FX and lost export earnings could further weaken the PKR, potentially supporting local gold prices as investors seek hedges.

بحوالہ / Source: www.dawn.com