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Pakistan's industry shrinks for 2nd year, hurt by high energy costs and unstable policies.
Pakistan's industrial sector, contributing 8% to GDP and employing millions, has contracted for over two years, with output down 0.74% in the last fiscal year due to soaring energy costs, inconsistent policies, and supply chain issues.
The textile industry, the nation’s traditional industrial backbone, remains below pre-decade levels, and nearly half of 22 monitored industries have operated less than ten years.
Experts warn that without urgent reforms in energy, taxation, and policy stability, the manufacturing base risks further decline, threatening exports, jobs, and economic resilience.
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La industria de Pakistán se contrae por segundo año, afectada por altos costos de energía y políticas inestables.