Soaring cotton imports
Pakistan's textile sector, the backbone of our economy, faces an existential threat as cotton imports skyrocket to alarming levels. Recent data reveals a 114% year-on-year surge in the cotton import bill, already over $2.5 billion in the first 10 months of FY25, compared with $1.2 billion in the first 10 months of 2024 and a full-year target of just $1.9 billion.
This dependency is not merely a trade imbalance but a symptom of deeper structural failures that threaten the stability of the broader........
© The Express Tribune
