EconomyPakistan's ancient cotton production declines, worsening trade deficit
Debt-ridden country expected to pay $2bn to import cotton as local output falls 33%
Women work amid rain waters in a cotton field, damaged during the monsoon season, in a village on the outskirts of Hyderabad, Pakistan, in 2022. © Reuters
ASHRAF KHAN, Contributing writer
December 9, 2024 18:12 JST
KARACHI -- Ashraf Bhanbro, a farmer from Pakistan's southern Sindh province, once dedicated vast expanses of his fertile land to cotton cultivation, driven by hope and the promise of reaping profits from a crop central to the nation's textile-dependent economy. However, cotton has been relegated to a last-resort option for Bhanbro.