Sharp decline in exports: BMP assails govt for failing to support domestic industries, exporters

The Businessmen Panel of the Federation of Pakistan Chambers of Commerce & Industry has issued a stark warning over the sharp decline in Pakistan’s exports, criticizing government policies for failing to support domestic industries and exporters. Former president of the Federation of Pakistan Chambers of Commerce & Industry and Chairman of the Businessmen Panel, Mian Anjum Nisar said here on Sunday that the current trajectory threatens not only the country’s trade balance but also the stability of the Pakistani rupee and the overall economy. Addressing business leader, Mian Anjum Nisar expressed deep concern over recent export figures, revealing that Pakistan’s exports have fallen by 36 to 38 percent, with food and rice exports suffering the most. “These numbers are alarming and reflect systemic failures in policy-making. Our exporters are struggling to compete internationally while facing rising costs and regulatory hurdles,” he said.