PolicyQuick read

Govt identifies agriculture, textiles and IT as key sectors to drive export-led growth

METTIS GLOBAL • • 1 min read

Govt identifies agriculture, textiles and IT as key sectors to drive export-led growth

The government has placed agriculture, textiles and information technology at the centre of a proposed export-led growth strategy, Adviser to the Prime Minister on Privatization Muhammad Ali said at the CEO Summit. Mettis Global, citing APP, reported that the TRUST framework would focus on areas where Pakistan has existing strengths, global demand and potential to create jobs and earn foreign exchange.

Proposals include raising farm productivity and expanding storage, processing and higher-value exports, while textiles would shift toward finished clothing, brands and technical fabrics. For IT and digital services, the plan highlights stronger organisation and digital skills; the adviser also called for reforms in energy, taxation and state-owned enterprises, including greater private-sector involvement in energy management. He cited policy continuity and lessons from China, South Korea, Vietnam and Bangladesh, and said resilience is needed after the economic strains of 2022 and 2023.

At a glance

  • The government selected agriculture, textiles and IT as priorities for export-led growth.
  • The framework calls for reforms in energy, taxation and state-owned enterprises.
  • Textile policy aims to expand from yarn and fabric into finished products and brands.
Sectors:Technology & CommunicationApparel

Originally reported by METTIS GLOBAL

This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.

Read the full story

Want the full article here?

Log in to read the full article in the Investify reader, in English or Urdu.

Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.

Built for PSX investors

Your market watch, portfolio and news desk in one app.

Follow live PSX prices, track holdings, read business news, and keep your watchlist close before the market moves.

Investify app live PSX stock list on iPhone