Pakistan’s exports cross 2 billion mark in four consecutive months

BusinessPakistan’s exports cross 2 billion mark in four consecutive months

ISLAMABAD, Pakistan: The Prime Minister’s Adviser for Commerce and Investment Abdul Razak Dawood has said that Pakistan’s exports have maintained growth and for the first time in eight years, the exports have crossed the 2 billion mark in four consecutive months.

In a series of tweets on Monday, the adviser said that Pakistan’s export for January 2021 is up by 8% to US$ 2.14 billion as compared to $ 1.98 billion in January 2020, according to the provisional figures.

The adviser said that the exports for July-January 2020-21 have increased by 5.5% to US$ 14.245 billion as compared to US$ 13.507 billion during July-January 2019-20.

Abdul Razak Dawood said that Pakistan’s cumulative exports for seven months of FY 2020-21 are showing a rising trend.

The prime minister’s adviser further said that the exporters have achieved this feat despite difficulties created by the COVID-19 pandemic, regional export situation, and contraction in major markets.

The adviser asked the exporters to go ahead with full speed in exporting their products and in case of any hurdle, they should inform the Ministry of Commerce.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

PM Shahbaz expresses strong desire to revive Pakistan-Germany partnership

0
ISLAMABAD, Pakistan: The German Federal Minister for Economic Cooperation and Development Svenja Schulze met Prime Minister Shahbaz Sharif at the Prime Minister's House in...

PM launches Buna-Raast Connectivity Project to streamline remittances from Arab world to Pakistan

0
ISLAMABAD, Pakistan: Prime Minister Shahbaz Sharif on Thursday launched Buna-Raast Connectivity Project in Islamabad to streamline remittances from the Arab world to Pakistan. The...
Monal Restaurant in Margalla National Park shows how the Superclass manipulates rules in Pakistan

Monal Restaurant in Margalla Hills National Park shows how the Superclass manipulates rules in...

0
Islamabad, Pakistan: The saga of Monal Restaurant in Margalla Hills National Park is a textbook example of how the Superclass manipulates rules to benefit...

USD to PKR: USD Dollar Rate in Pakistan Today – 22 August 2024

0
The US Dollar (USD) was being bought and sold at Rs 279.6 and Rs 280.3 in the Open Market against the Pakistani Rupee (PKR)...

Gold Price in Pakistan Today – 22 August 2024

0
On Thursday (August 22, 2024), the gold rate for one tola of 24-karat in Karachi, Pakistan, is Rs 261,450.000.It's important to note that gold...
Advertisement