US
Only 21% of Pakistani population uses the internet reports the World Bank
SMEs in Pakistan face trade barriers, lower export participation, hindering economic growth and development
Slowdown in exports, imports signals ominous challenges ahead for policymakers
It is essential govt encourages investment by facilitating ICT entrepreneurs
Unlike Bangladesh and Vietnam, Pakistan has failed to increase exports, leading to burgeoning deficit
Currently, the government seems to prefer shielding firms from import competition
Govt could avoid trade curbs, allow adjustment in rupee value to reduce deficit
Lower imports may have cut deficit, but they have adverse implications for industrial production
Challenges multiply as Pakistan rebuilds after facing floods of epic proportions
Efforts must be made to ensure country is able to escape from vicious cycle