Friday, 19 April 2024, 05:15:31 pm

Pakistan should focus on balance of trade for economic growth:

Dr. Noor Fatima (Economist): Pakistan has already entered into IMF agreement and there are certain positive moves from international financial institutes which would help improving economic outlook of the country. Pakistan has positive financial assistance from UAE, Saudi Arabia and now Qatar; such fruitful steps are highly beneficial to overcome current economic crises. Pakistan needs a lot of money in the form of dollars to support its foreign exchange. It is a very timely help from Qatar to improve economic frame work. There are certain avenues including energy and human resource capital where Pakistan and Qatar can cooperate with each other. Pakistan would have to diversify its export commodities in order to compete with international markets.