Pakistan’s Rice Exports Fall 28% in Q1 FY26 Amid Policy Hurdles and Rising Costs
Pakistan’s rice exports dropped 28% in the first quarter of FY26 due to rising production costs, currency pressures, and policy inconsistencies. Basmati exports fell sharply, while exporters urge government intervention to enhance competitiveness in global markets.
Why the State Bank Must Resist Pressure to Tinker with Currency and Rates
The State Bank of Pakistan faces pressure to cut rates and appreciate the rupee, but experts warn these conflicting goals could trigger another economic crisis. Analysts say the SBP must maintain independence, keep real rates high, and avoid policy missteps that risk undermining stability.