BMI View: We maintain a cautious outlook on the agribusiness sector in Pakistan, as growth in key segments – wheat, rice and cotton – will remain impeded by high input costs, lack of infrastructure, inefficient government policy and vulnerability to climatic changes. With production continuously falling short of demand, domestic prices have risen to levels that are making it difficult for these segments to compete in international markets. We highlight the need for investment and supportive government policies to bolster long-term growth in the sector, which according to our estimates accounted for more than 21% of the country’s total GDP …
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