Exports in August dropped by 19.5% due to monsoon rains

KARACHI: Exports for the month of the last month have recorded a downfall of 19.5 percent, in dollar value, as compared to the same period last year. During the same month, the imports also dropped by 20 percent as compared

Pakistan exported rice worth $2.5 billion last year: Minister

ISLAMABAD: Federal Minister for National Food Security and Research (NFSR) Syed Fakhar Imam has said the quality of Pakistan’s rice is acceptable globally. The minister was attending a webinar on Sustainable Rice Production for Boosting Rice Export of Pakistan. He

Export increased by 5.8% in July 2020 despite lockdown: Adviser

ISLAMABAD: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood has said that Pakistan witnessed an increase in exports despite the coronavirus lockdown. The adviser said that according to the trade summary report, exports for the month of

Blood on the street

Coronavirus has dreadfully affected the Chinese economy in the past three months. More than a dozen countries have banned Chinese products as the outbreak has infected more than 40,000 people in the Sino region. Furthermore, international carriers have also canceled

ECC decides to impose immediate ban on sugar exports

ISLAMABAD: Economic Coordination Committee (ECC) of the federal cabinet on Monday has decided to impose an immediate ban on the export of sugar to keep prices under control. Adviser to the Prime Minister on Finance Sheikh Abdul Hafeez chaired the

PM terms enhancement of domestic exports top priority

ISLAMABAD: Prime Minister Imran Khan on Monday said that enhancing domestic exports is one of the prime priorities of the government. While reviewing the performance of the Commerce Division, the prime minister said the strategy for implementing the cabinet approved

IMF report and boosting exports

Pakistan’s economy is stablising and the IMF has approved a new tranche worth $452 million of the bailout package. It seems that everything is fine on the economic front. The central bank wants the country to come out of the

Exports increased by 4.8% in last five months: Hafeez Shaikh

ISLAMABAD: Advisor to Prime Minister on Finance Dr. Abdul Hafeez Shaikh has said that the exports increased by 4.8 percent in the last five months. In a tweet, Dr. Abdul Hafeez Shaikh posted that from July to November 2019, exports

Exports in November increased by 9.6%: Razzak Dawood

ISLAMABAD: Adviser to PM on Commerce, Textile, Industry and Investment Razzak Dawood said that the exports of goods during November have crossed $2.02 billion. Razzak Dawood shared the news on twitter that the exports of goods during November 2019 increased

Exports in October increased by 9.6%: Hafeez Shaikh

ISLAMABAD: Adviser to Prime Minister on Finance Dr. Abdul Hafeez Shaikh said that exports of goods in October have increased by 9.6 percent. Dr. Abdul Hafeez Shaikh posted a tweet, “Exports of Goods & Services increased by 9.6% in Oct

Trade deficit decreased by 35% during July-Oct of FY 2020

ISLAMABAD: Pakistan’s trade deficit narrowed by around 35 percent in the first four months (July to October) of the current fiscal year, a report by the Ministry of Commerce revealed.  Trade deficit fell from $11.7 billion recorded from July-October of Fiscal

Turning around economy within a year is huge success: PM

ISLAMABAD: Prime Minister Imran Khan has said that it was a great success of our economic team to turn around the economy within a year. The prime minister on Twitter posted saying, “It is a great achievement of our economic

US, China, UK top three export hubs for Pakistani products

ISLAMABAD: The United States remained among the top exports destinations of the Pakistani products followed by China and the United Kingdom during the first month of the current financial year 2019-20 as compared to the same month of last year.