ISLAMABAD: Pakistan seek positive economic development on the Exports front.
Adviser to Prime Minister for Commerce, Industry and Investment Abdul RazakDawood on Monday said that the February 2020 has witnessed a 13.61 percentrise in exports from the country as compared to the past years.
In a message posted on his Twitter account, the federal adviser said thatthe country’s exports witnessed a 3.62 increase during the current fiscalyear as compared to the previous years.
“The increase is commendable when compared to the export trend of ourcompetitors. This is just the beginning, the future holds much more!” hesaid while tagging his message to the prime minister Imran Khan and otherson the Twitter feed.
In November 2019, Abdul Razak Dawood said that exports have crossed $2billion marks in November.
The commerce adviser in a series of Tweets has said that the country’sexports have increased by 9.6 percent as compared to last year.
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“Alhamdolillah!Pakistan’s Exports in November 2019 have once again crossedthe $2 billion mark. Hats off to our exporters and the team at the Ministryof Commerce. It increased by 9.6% as compared to last year,” he Tweeted.
He said the increase has resulted in an improvement in trade balancelinkandcurrent account deficit.
“For the period Jul-Nov, the Trade Balance has decreased by about USD 5billion. This is a saving of USD 5 billion for the national exchequer andhas a major impact on the reduction of the Current Account Deficit,” saidRazak Dawood.
