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

Delay in acceptance of IMF conditions increases economic uncertainty

Currency volatility, rising deficit, fiscal woes exacerbate economic challenges