Islamabad Exclusive – Pakistan Exports over $2.191bn in April:
Pakistan has posted exports of over $2bn for the seventh consecutive months (October-April). Moreover, the exports of the country stood at USD 2.191billion in April 2021. On social media, Abdul Razak Dawood expresses his satisfaction over the achievement of this milestone. Moreover, on Twitter, Abdul Razak says,
“By the Grace of Allah Almighty, the exports of Pakistan for April stand at 2.191 Billion Dollars. For the first time since 2011, the monthly exports of Pakistan cross the $2billion marks for continuous seven months”.
Due to lockdown, April-2020 can not be taken into account:
In this regard, the quoting adviser to the Prime Minister for investment and commerce, Abdul Razak Dawood, says that due to the coronavirus pandemic and the complete lockdown situation worldwide, the exports can’t take place in April 2020. During the same time, the trades for July to April 2021 proceed by 13% to 20.879 Billion dollars compared with 18.408 Billion Dollars, Last year. The foreign assets reported a growth of 129% over April 2020.
Furthermore, Abdul Razak Dawood also acknowledges the exporters of Pakistan for making these exports successful during this difficult time. In this case, the adviser says that the exporters are deserved to be appreciated for their achievement.
As trading is becoming more complex and challenging because of the current situation of the whole world. Due to the imposition of lockdown in many crucially affected areas, the trading is not going well. In this situation, the exporters of Pakistan managed to mark the exports for 2021 to the next level. It is a very well step to enhance the economy of Pakistan. If the foreign trade proceeds with this percentage, it will benefit Pakistan in many ways. Pakistan businesses face extremely emotional difficulties in trading, said the reports based on 1,152 importers and exporters survey. This survey gives a vision to the legislation that the policies’ phenomenon and efficiency should be intensified to decrease the costs of trades and enhance competition.
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