Pakistan Central Bank Calls for Competitive Exports

Reza Baqir, the State Bank of Pakistan governor, has exhorted the country’s exporters to compete with global players and increase the export-to-GDP ratio to “well above” the current level, Dawn reported.

“I’d like our exporters to take up this challenge since the exchange rate is competitive and the government is giving them subsidies, as well as various kinds of incentives,” he told a conference.

Read the full report: Dawn.

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.