Pakistan has very low export-to-GDP value at par with sub-Saharan Africa

Deficit will become more alarming if foreign currency reserves take major hit

Difficulties on country’s external front continue to mount

Pakistan achieves higher export growth relative to competitors, but challenges remain

It will help reduce pressure on current account deficit, avert balance of payment crisis

Technology adoption will help country to innovate, improve export capacity

Improved current account, forex reserves provides room to boost investment, exports

Pakistan’s regional competitors have relaxed curbs, may try to recapture lost market

Covid-19 provides ICT services opportunity to become vital contributor to export revenue

Improved trade facilitation, digitalisation of procedures will be critical to reducing costs