Pakistan’s exports grew by 17.3 per cent to $2.35 billion in the first month of the fiscal year

[Norwegian]

ISLAMABAD: Pakistan’s exports grew by 17.3 per cent to $2.35 billion in the first month of the fiscal year 2021-22 i.e. July as compared to last year’s same period.

This was stated by Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood.

He tweeted: “During the first month of this financial year (July), our exports grew at 17.3% to USD 2.35 billion as compared to USD 2 billion in July 2020.”

“These are the highest ever exports in the month of July,” the PM aide said, urging exporters to “move full speed ahead to make 2021-22 another record-breaking year for our exports”.



Earlier, Prime Minister (PM) Imran Khan commended the efforts of the Federal Board of Revenue (FBR) for collecting the highest ever tax in the month of July.

In his Tweet, PM Imran Khan said, the collection in the month of July remained Rs.410 bn which is the highest ever in the month of July – & around 22% above the required target for the month.

“This is a reflection of govt’s policies for sustained economic growth & revival,” he added.

https://arynews.tv/exports-grow-17-3-to-2-35bn-in-july-razak-dawood/

 

[imrankhan7250]

Good sign to begin with but i am afraid of large Imports, heavy trade deficit and sinking Rupee

 

[Maula Jatt]

Good sign to begin with but i am afraid of large Imports, heavy trade deficit and sinking Rupee

This, although good news presents a tricky situation

 

[Syed1.]

Also highest number of Toyotas sold in the country's history

https://twitter.com/x/status/1422209968804143107

Thank you Nawaja Butt

 

[Desprado]

Joke. Import will be increased by 5.5 to 5.8 billion dollar means 50% more imports compare to last year.

Bhai there is no achievement of government, everything price is going up like Yarn, garments, tools, chip, silicon,drugs , container, etc.

Rupee is sinking 1 rupee on daily bases since 2 weeks and it has already devalued to 9%. I do not understand what is difference between default and now as Rupee can slide to PKR 200 at the end of September and government will credit them self that they have made PKR the cheapest in the region ,which no one will buy or invest in.

Just imagine that our currency could not even digest 1.6 billion dollar CAD and devalued more than 9% and continuing ,therefore what will happen if country post 8 to 10 billion dollar CAD.

It will have worse faith than Argentina and people will be running to buy dollar like people are going to Vaccination of covid.

 

[Maula Jatt]

Can you guys spot the patwari

Great response...

 

[Syed1.]

Great response...

The guy started his post with the word 'Joke' on a thread about highest ever exports in the month of July. Who else is against any good news regarding Pakistan and get seriously butt hurt seeing Pakistan progress other than donkey eating patwaris?

 

[Desprado]

Can you guys spot the patwari

you can insult as much as you want but no PTI fan or even PHD economics cannot give reason that how can recovered economy, growth economy, progressed economy currency devalues 1% every 3rd day of the week and total more than 9% in just 3 months.This was just 1.6 billion CAD currency devalued 9% and just imgine what will happen when PTI gets 8 billion or 10 billion CAD. Currency will default and we will get -CCC long term or short term currency credit due to international organizer does not CDS to rise that much, they will take out entire investment from Pakistan just like PSX is witnessing.

 

[Desprado]

The guy started his post with the word 'Joke' on a thread about highest ever exports in the month of July. Who else is against any good news regarding Pakistan and get seriously butt hurt seeing Pakistan progress other than donkey eating patwaris?

So you mean 9% devaluation due to 1.6 billion CAD is Making Pakistan progress? Making PKR the worst currency in the world is making since May is making Pakistan progress? Since May Pakistan had the highest inflation in the region is making Pakistan progress? Due to devaluation Stock exchange is only witnessing out flow of forigen investor is making Pakistan progress, Pakistan the worst CDS in the entire world since may is making Pakistan progress, Non Business People rushing out and bought nearly 700 million dollar since may from Private Exchange rate dealers is making country progress, People are stopping to invest in PKR and converting their saving in dollar due to that PKR on daily bases is losing 1% value against dollar is making Pakistan progress butt hurt.

 

[Rana4pak]

A Patwari is roaming here ….he is very desperate

 

[Mentee]

A Patwari is roaming here ….he is very desperate

Patwaris can't read/ write english neither they are officially allowed to sit on a chair. Kinda caste system is in effect for them patwaris -----.

So you mean 9% devaluation due to 1.6 billion CAD is Making Pakistan progress? Making PKR the worst currency in the world is making since May is making Pakistan progress? Since May Pakistan had the highest inflation in the region is making Pakistan progress? Due to devaluation Stock exchange is only witnessing out flow of forigen investor is making Pakistan progress, Pakistan the worst CDS in the entire world since may is making Pakistan progress, Non Business People rushing out and bought nearly 700 million dollar since may from Private Exchange rate dealers is making country progress, People are stopping to invest in PKR and converting their saving in dollar due to that PKR on daily bases is losing 1% value against dollar is making Pakistan progress butt hurt.

Can you give us an official figure about pakistan's domestic and foreign loans and how much they've increased since pti took over?

 

[Desprado]

Patwaris can't read/ write english neither they are officially allowed to sit on a chair. Kinda caste system is in effect for them patwaris -----.



Can you give us an official figure about pakistan's domestic and foreign loans and how much they've increased since pti took over?

17 billion. When PMLN left it was 100 billion to pay. Now it is 118 billion dollar.

 

[Hyde]

Very happy to read this news. I hope the pace of increase in exports remains 10-15% every month as we really need to increase our exports if we want to have sustainable growth in economy

 

[Mentee]

17 billion. When PMLN left it was 100 billion to pay. Now it is 118 billion dollar.

Can someone put a kind of operation valkyrie in effect where they could actually take the villains out?

 

[Mrc]

This month eid holidays meant it was 3 working weeks month... Hoping for better figures next month to near 3 billion