Say it will help curb circular debt in power sector, save foreign exchange

Besides expensive inputs, surge in freight rates, rupee fall deal blow to industry

Says nations relying on remittances, dollar inflow will remain prone to external shocks

Companies say they pose threat to profits, forex reserves

In dollar terms, it stands at $114 in Pakistan compared to $96 in India

PRA chief says sales tax cut during pandemic helped authority achieve targets

Increasingly uses local components as global shipping costs soar

Despite meeting targets, country continues to import commodities

Sector gets boost from RDAs, amnesty schemes, low finance cost

High inflation, fuel costs, car prices discouraging people from working in industry