Pakistan’s Rice Exports Struggle as Global Competition Intensifies
Pakistan’s rice exports have faced a major setback in the first five months of the ongoing fiscal year, as tougher global competition and rising local costs continue to hurt the sector. Official data shows that both basmati and non-basmati rice shipments have dropped sharply, raising concerns among growers and exporters about the country’s position in […]
Trade Gap Widens as Pakistan’s Regional Exports Lose Momentum
Pakistan’s trade imbalance with its neighbouring countries has expanded sharply in the early months of the current fiscal year, reflecting weakening regional exports and rising import dependence. New figures from the State Bank of Pakistan show that the trade deficit with nine nearby countries climbed to over $6.2 billion during the first five months of […]
IFC Makes History with First Rupee-Based Deal to Boost Pakistan’s Agriculture
The International Finance Corporation (IFC) has taken a major step in Pakistan by backing its first-ever investment in local currency, aimed at strengthening the country’s agriculture sector and improving food security. The move supports long-term rupee financing for Engro Fertilisers through Standard Chartered Bank Pakistan. Under the arrangement, IFC has provided a Partial Credit Guarantee […]