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Agriculture contributes 24 percent to Pakistan’s national economy and employs 37.4 percent of the workforce. Despite this strong agricultural base, the bioeconomy’s share in national output remains among the lowest globally. This shows a wide gap between the available bioeconomy resources and…
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This economic brief outlines a cautiously optimistic recovery for Pakistan’s economy following a contraction in FY23. The GDP growth rate rebounded to 2.4% from -0.2%, driven predominantly by a robust agricultural sector which expanded by 6.25%. This resurgence highlights Pakistan’s reliance on…
The China-Pakistan Economic Corridor (CPEC) is an economic initiative aimed at promoting trade and regional connectivity. The environment, in which CPEC will operate has opportunities, the states through the corridor will link up and fulfill the energy needs. However, there are existential…
