Pakistan to witness more export growth this year than 10 years of previous governments

Pakistan to witness more export growth this year than 10 years of previous governments

ISLAMABAD: Federal Minister for Planning and Development Asad Umar onThursday said Pakistan to witness more export growth this year than 10years of previous governments of the Pakistan Peoples Party (PPP) and thePakistan Muslim League-N (PML-N).

“With the year’s 1st half trade data available, we are on a course for abigger increase in exports of goods & services in one year than in the 10years of PPP/PMLN govts from 2008 to 2018! Let that sink in… More exportgrowth in 1 year than 10 years!!!,” he tweeted with hashtag#WePromisedWeAreDelivering.

On January 31, Asad Umar had claimed that the textile industry in thecountry was booming under the Pakistan Tehreek-e-Insaf (PTI) rule.

“Bloomberg report on the booming textile industry, which is nowoutperforming other countries in the region after ages. This industry wascollapsing under the PML-N govt with units being shutdown (sic),” theminister had said in his statement on Twitter.

“Now massive expansions going on. This boom [was] made possible by the PTItextile policy,” he had said.

Last year, Umar had said that a new textile policy was being formulatedwhich would be finalized soon. Speaking at a briefing of businessmen andindustrialists in Faisalabad, he had said in the second phase of the China-Pakistan Economic Corridor projects, the government would upgrade ourmanufacturing sector on solid footing.