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Home Business & Stock

Pakistan’s exports grew by 27% in September: PM’s adviser

MM News Staff by MM News Staff
October 4, 2021
Reading Time: 2 mins read
Export of goods for Q1 of FY2021-22 increased by 28% to $6.99 billion. (Reuters)

Export of goods for Q1 of FY2021-22 increased by 28% to $6.99 billion. (Reuters)

KARACHI: Adviser to the Prime Minister on Commerce, Abdul Razak Dawood on Monday announced that Pakistan’s exports grew by 27.4 percent to $2.41 billion in September 2021 compared to $1.89 billion in September 2020.

Taking to Twitter, Razak Dawood cited provisional figures for export of goods for the first quarter of FY2021-22 and said the exports have increased by 28% to $6.99 billion as compared to $5.47 million in Q1 of FY2020-21.

as compared to USD 5.47 million in Q1 of FY2020-21. This has been due to hard work of our exporters & they deserve praise for this accomplishment.
The import figures are being analysed in consultation with other government departments and would be released shortly.@aliya_hamza

— Abdul Razak Dawood (@razak_dawood) October 4, 2021

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“This has been due to the hard work of our exporters and they deserve praise for this accomplishment,” he wrote on Twitter, adding that import figures are being analysed in consultation with other government departments and would be released shortly.

It is pertinent to mention here that earlier in August 2021, exports grew by 43% to $2.257 billion compared to $1.584 billion in August 2020, though the growth was affected by shipment delays caused by heavy rains.

The adviser had urged exporters to double their efforts to market exports in order to achieve our target.

Last month, Prime Minister Imran Khan had directed the concerned officials to take immediate measures to check the existing gap between imports and exports.

The prime minister had said with facilitation and ease of doing business for exporters, the government’s priority in terms of enhancing exports was the diversification of products and markets.

 

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