Dilemma continues as desire to reduce tariffs is met with resistance

There is need to massively overhaul policies that have contributed to prevailing economic conditions

Tariff policy aims to end arbitrary duties, push manufacturers towards export-led growth

Rising imports risk a BoP crisis, IMF bailouts, making it crucial to rethink import strategy

ICT sector can drive export revenue, but internet connectivity, policies remain hurdles

It will require ginormous effort to structurally transform industrial, other export-focused sectors

Pakistan needs to adopt policies that encourage sustainable growth in exports

Trade curbs curtailed imports of capital goods and inputs required for productive activities

As the second most prominent source of exports, easier access to IT products is critical

Policymakers must ensure export-oriented strategies prioritise enhancing businesses’ capabilities, productivity