SBP stresses need for policies to increase agriculture productivity
The State Bank of Pakistan (SBP) in its third quarterly report on Saturday said that increased production of agriculture commodities would help reduce the current account deficit. THE DISAPPOINTING HARVESTS OF KEY CASH CROPS ARE PARTICULARLY TROUBLING FOR PAKISTAN: "The raise in the commodity production would not only raise farm incomes and help reduce poverty but would also help narrow the country's current account deficit through import substitution and higher exports, as well as help contain domestic inflation," the report said.
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