Pakistan's agriculture sector, contributing 23% to GDP, is losing an estimated $2-3 billion annually due to regulatory delays and inconsistent policies, according to an OICCI report. Cotton output has halved, forcing the textile industry to import, while delays in biotech maize policy hinder potential $1 billion exports. This significant drain on foreign exchange reserves and export earnings could further pressure the Pakistani Rupee, potentially impacting local gold prices.
بحوالہ / Source: www.dawn.com