DETEROIRATING EXPORT SECTOR
Export plays an important role in any country’s economy, influencing its level of economic growth, employment and the balance of payments.
Since 2016, Pakistan export sector is once again in a drastic situation, which has hurt the foreign reserves, and remittances of the economy. The trend of continuous fall in export has partly been compensated by declining the global oil and commodity prices that have led to 4.3% in overall import bill.
As State Bank estimates, Country’s exports dropped by 13 per cent as total exports dipped to $15.6 billion in the first nine months of the outgoing fiscal year from $17.9 billion a year ago, a drop of $2.3bn.
The falling exports are probably due to 2 factors: supply and demand. On the supply sector, higher cost of production, unskilled labor, investment, and low subsidies. And on the demand side, the major factor which is impeding the export growth slump is the preferences of the others country import.
 Due to this alarming situation of export, economy foreign reserves has been deteriorated by 4 billion $ monthly that have led to a 77% gap in total export of the economy.
The first question arises here from the government if this export situation continues for a long time. Do you think, from investing on infrastructure or the orange buses, metro bus, green belts project will boost up the economy and will it decrease the heavily indebted economy?
There is the only way to decrease the heavily indebted economy is to increase its export sector.
To improve the export of the economy, Pakistan needs to increase the level of the budget on the agriculture sector, which could only be possible if government give subsidies to farmers, and to train the farmers on the new method of techniques.

China-Pakistan Economic Corridor (CPEC), the $ 46 B deal Chinese gift to Pakistan, was formally conceived in May 2013, when China President Premier Li Keung officially visited in Pakistan on May 22-23 and had signed a memorandum on the CPEC on July 5, 2013.
The CPEC is a 3,218-Km network of roads, railways and oil from Gwadar Port to Kashgar China’s city. Through this project, China can trade with the half of the world countries that will make Chinese economy stronger and will also make the passive effect on Pakistan economy.
The main package of this mega project basically falls into two parts:  transport and energy.
If all goes well and on a schedule of 21 agreements on energy- including gas, coal, and solar energy. This project would provide up to 6,400 MV of energy altogether. It will reduce the shortfall of 4,500 MV.
 With the CPEC, there is hope the route will open business opportunities for the traders. It opens a new door of cooperation in the agriculture sector which would help in the transfer of energy pertaining to agrochemical, pesticides, seeds, and fertilizers. Moreover, the CPEC, some belief will boost up tourism in 73000 Sq-Km regions.
All in All, Investment by china will boost Pakistan’s $274 B GDP by over 15 %. Pakistan economic indicator like foreign reserves, GDP, employment rate, uprising and on the other hand inflation, fiscal budget deficit and unemployment going to be decline. Some expert opines this initiative can bring greater cohesion in South Asia, one of the world’s least economically integrated regions. Pakistan has gone in profit for the first time. The energy crisis is being tackled earnestly.  Keeping strategic parity with India has now become an achievable goal for Pakistan.
The CPEC connected to Gwadar has the potential to radically alter the regional dynamics of trade, development, and politics. CPEC is a game changer for the entire region. It will uplift the life of about 3 billion people.