On the show ‘Great Debate’ on Geo TV, Zafar Masud with Shahzeb Khanzada on Great Debate Geo News argues that Pakistan’s current account deficit is a symptom of a larger problem – the fiscal deficit. He emphasizes that tackling the government’s spending imbalance is crucial. He also highlights the high domestic consumption that eats into potential export earnings. While acknowledging the need to boost exports, Masud suggests a multi-pronged approach. He advocates for performance-based incentives in key sectors like IT, agriculture, and textiles, alongside addressing the core issue of fiscal discipline. This will diversify exports and create a more sustainable economic foundation.