ISLAMABAD (PEN) : The International Monetary Fund (IMF) has flagged several issues contributing to Pakistan’s struggles with boosting exports. According to a report shared with the Pakistani government, the IMF has pinpointed key problems such as payment restrictions, import obstacles, and unfavorable exchange rates that are hampering the country’s export growth.
The report suggests that Pakistan needs to address these challenges and be more attuned to global market competition for both exports and imports. To improve export performance, the IMF recommends enhancing the value added in local industries by adopting modern technologies and upgrading production methods. This approach aims to make Pakistani products more competitive on the international stage.