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neutralobserver

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Why is Pakistan doing this? They should have a real economic plan instead of wasting electricity on bitcoin
It's a solid plan, especially since there's surplus electricity going unused and we’re still paying for it due to IPP contracts. Supplying this excess to companies at competitive rates helps with capacity utilization. This is just one of several steps Pakistan can take concurrently.
 

doggydogdo

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It's a solid plan, especially since there's surplus electricity going unused and we’re still paying for it due to IPP contracts. Supplying this excess to companies at competitive rates helps with capacity utilization. This is just one of several steps Pakistan can take concurrently.
They should use this to boost up their traditional industries and things that help the real economy. Pakistan is doing a lot worse than india at this.

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neutralobserver

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They should use this to boost up their traditional industries and things that help the real economy. Pakistan is doing a lot worse than india at this.

View attachment 152901
Yes, several steps are being taken right now to increase exports. For example, tax incentives for textile manufacturers and IT companies in the upcoming budget. SME exporters are also being prioritized. e.g

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on Friday announced the launch of a comprehensive suite of online logistics services tailored to assist Pakistani exporters in optimising their international trade processes.

Alibaba will offer essential tools to help Pakistani businesses tap into significant growth opportunities in global markets.

The logistics services aim to support Pakistani exporters by providing solutions to overcome traditional barriers in international trade. Alibaba.com has partnered with leading international express delivery companies to support exporting Pakistani goods to over 200 countries and regions worldwide. As logistics has been identified as a major obstacle, businesses face shipping issues to ensure timely deliveries while minimising costs and risks.

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Things are heading in the right direction right now, it will take a few years to see the results of these policies.
 

Randomuser

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