Featured Exports rise 6% to $1.87 billion in August

[Morpheus]

Exports rise 6% to $1.87 billion in August
Web Desk On Oct 2, 2020


ISLAMABAD: The country’s exports rose by 6 per cent to US$1.872 billion during August as compared to the corresponding month last year, Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood said on Friday.

Sharing latest data on exports on Twitter, he said: “The export figures for Sep 2020 have shown improvement. As compared to Sep 2019, our exports have grown 6% to USD 1.872 billion.”

“Although this is better than decrease of 15% in Aug 2020, I still feel that with sufficient backlog of orders we can do much better,” he added.
He urged exporters to try to win more orders from the existing markets and reach out to untapped markets besides fulfilling the current orders. “I am hopeful that in October 2020 we will have further growth.”

Last month, the Pakistan Bureau of Statistics (PBS) report said exports and imports in the country witnessed a decline in August this year. According to the PBS report, United States Dollar (USD) 1.58 billion exports was recorded during the month of August 2020, witnessing a decline by 15 percent as compared to the same month of the previous fiscal year.

The imports in the same month stood at US$3.27 billion, showing a 12 percent decline in August 2020 as compared to the corresponding year of the previous fiscal year.
The trade deficit also recorded a decline of nine percent in August this year and stood at US$1.69 billion.

Exports rise 6% to $1.87 billion in August

I am hopeful that in October 2020 we will have further growth

arynews.tv

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@The Accountant @Pan-Islamic-Pakistan @Verve @Patriot forever

 

[The Accountant]

Exports rise 6% to $1.87 billion in August
Web Desk On Oct 2, 2020


ISLAMABAD: The country’s exports rose by 6 per cent to US$1.872 billion during August as compared to the corresponding month last year, Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood said on Friday.

Sharing latest data on exports on Twitter, he said: “The export figures for Sep 2020 have shown improvement. As compared to Sep 2019, our exports have grown 6% to USD 1.872 billion.”

“Although this is better than decrease of 15% in Aug 2020, I still feel that with sufficient backlog of orders we can do much better,” he added.
He urged exporters to try to win more orders from the existing markets and reach out to untapped markets besides fulfilling the current orders. “I am hopeful that in October 2020 we will have further growth.”

Last month, the Pakistan Bureau of Statistics (PBS) report said exports and imports in the country witnessed a decline in August this year. According to the PBS report, United States Dollar (USD) 1.58 billion exports was recorded during the month of August 2020, witnessing a decline by 15 percent as compared to the same month of the previous fiscal year.

The imports in the same month stood at US$3.27 billion, showing a 12 percent decline in August 2020 as compared to the corresponding year of the previous fiscal year.
The trade deficit also recorded a decline of nine percent in August this year and stood at US$1.69 billion.

Exports rise 6% to $1.87 billion in August

I am hopeful that in October 2020 we will have further growth

arynews.tv

---------------

@The Accountant @Pan-Islamic-Pakistan @Verve @Patriot forever

That's a great news. It was expected and was also visible from the current on going activities specially in the textile sector.

 

[The Accountant]

@volatile exports starts improving. Lets hope the trend keeps continue and we as a nation only rise from this.

No matter if its PTI, IK, or anyone else. The only thing matter we rise together as a nation which is impossible under PMLN or PPP.

Lets pray together, may Allah keep our nation happy and prosperous and subservient to Almighty Allah

 

[Syed1.]

Headline says August but article is talking about September

 

[volatile]

lets wait for 6 months as this is a special year

 

[Enigma SIG]

lets wait for 6 months as this is a special year

Down aane par PTI ki ghalti, upar jaane par SPECIAL YEAR.

LMAO.

 

[Yaseen1]

These seems seasonal rise but growth rate and employment is still big challenge.On ground situation is not good as here in Islamabad in our street tennants of 3 houses have vaccated houses within a week and I have never seen such situation before which migh be indicator that middle class is unable to afford rentals due to decline in income and rise in inflation

 

[The Accountant]

These seems seasonal rise but growth rate and employment is still big challenge.On ground situation is not good as here in Islamabad in our street tennants of 3 houses have vaccated houses within a week and I have never seen such situation before which migh be indicator that middle class is unable to afford rentals due to decline in income and rise in inflation

R u talking about last week?

 

[zectech]

Good news.

 

[Yaseen1]

R u talking about last week?

Yes.Last week as month of september ended tennants clear the bills with owners and vaccated house, our street is giving haunted looks due to empty houses

 

[The Accountant]

Yes.Last week as month of september ended tennants clear the bills with owners and vaccated house, our street is giving haunted looks due to empty houses

Thibg are getting better than earlier in Karachi. Its not like that everything is back to normal but improvements r there

 

[Syed1.]

'This must be due to Nawaz Sharif speeches' - @volatile

 

[Zibago]

These seems seasonal rise but growth rate and employment is still big challenge.On ground situation is not good as here in Islamabad in our street tennants of 3 houses have vaccated houses within a week and I have never seen such situation before which migh be indicator that middle class is unable to afford rentals due to decline in income and rise in inflation

Apparently there is a global recession due to coronavirus which you forgot

 

[Yaseen1]

Thibg are getting better than earlier in Karachi. Its not like that everything is back to normal but improvements r there

rentals in Islamabad are most expensive in whole Pakistan,karachi is much cheaper city and people can easily manage to accommodate there

 

[volatile]

Down aane par PTI ki ghalti, upar jaane par SPECIAL YEAR.

LMAO.

your mistake is impatience and not waiting for complete pictures its called identifying the reasons