Remove structural distortion so innovation can scale.
Competitive input pricing is a precondition. It is not a strategy.
Innovation is a strategy. It is not a substitute for rational cost structure.
Both must occur simultaneously.
Strategic Reality Assessment
Evidence-based conclusions:
- Pakistan’s industrial energy costs are regionally uncompetitive.
- Capacity payments structurally inflate tariffs.
- Textile closures indicate sectoral stress.
- Bangladesh’s export dominance cannot be explained by tariffs alone.
- Currency depreciation alone does not guarantee export elasticity.
- Governance credibility deficit remains a binding constraint.
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