• Improving BOP

3. Improving balance of payment

Export of metallic minerals and mineral products have high value
in the international market. This increases the value of exports
and increases foreign exchange earnings.

If Pakistan produces minerals for its industries domestically, it

might not need to import valuable minerals. That will save the
precious foreign exchange resources of Pakistan. For example,
import of mineral oil is a major part in Pakistan's import bill
causing a negative balance of payment.

Hunia