Pakistan's quest for economic stability hinges on boosting revenues. While successive governments promise revenue growth, the reality is stagnant revenues for decades. Bangladesh now surpasses Pakistan in revenue, partly due to its thriving textile sector. Yet, within Pakistan's textile industry, challenges persist, notably in the knitwear segment. Despite past successes, sustained support is lacking. Addressing issues like delayed refunds and energy tariffs is crucial. Leveraging solar energy for textile production could reduce costs and emissions. Long-term policies supporting small and medium enterprises are vital. Additionally, maintaining competitive energy tariffs is essential for industry growth. Pakistan's high business costs hamper revenue generation. Streamlining processes for export orders is imperative. Prioritizing revenue-generating sectors with targeted support is key to Pakistan's economic resurgence.
It is tedious right option?