Marked improvement in electricity generation and transmission has found its strong reflection in country's export statistics. According to State Bank of Pakistan's 1st quarterly report 2017-18, the double-digit growth in exports took place on the back of strong performances of rice, value-added textile, and petroleum, and was well supported by machinery, chemicals, pharmaceuticals, and medical and surgical instruments. While the prices exhibited a mixed trend, positive quantum played a more dominant role in raising the export revenues in general. There is no doubt about the fact that availability of electricity has played a major role in rising exports.
That power sector brooks no complacency is also a fact. The government is therefore required to pay full attention to the rising stock of power sector circular debt without any further loss of time.
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