Pakistan's Maritime Economy Crucial for Economic Stability, Analyst Says

Economic analyst Ateeq Ur Rehman stated that Pakistan's maritime economy, estimated at USD 150 billion, is crucial for national economic resilience and addressing shortfalls. He emphasized the need for active private sector participation and effective investment in port infrastructure, shipping, and logistics, including local and Foreign Direct Investment. Modernizing ports, increasing handling capacities, and developing dedicated transhipment facilities are key to capitalizing on trade opportunities and mitigating surging shipping costs. While positive for long-term economic stability, this development is unlikely to have an immediate, direct impact on gold or USD/PKR rates.

بحوالہ / Source: www.brecorder.com