Country’s exports increase 25% in H1 of 2021-22

Habib says record growth achieved due to 'special measures' taken by PM


DNA January 03, 2022
Minister of State for Information Farrukh Habib. PHOTO: APP/FILE

ISLAMABAD:

Minister of State for Information and Broadcasting Farrukh Habib on Sunday said the country’s exports had reached $15.125 billion during the first half of the current fiscal year, posting a record increase of 25 percent as compared to same period of the corresponding year.

“By the grace of Allah Almighty, this record growth had been achieved due to special measures taken by Prime Minister Imran Khan,” the minister said in a tweet. In first six months of the last fiscal year, he said, the exports stood at $12.110.

Only in December, the minister said, the exports remained at $2.761 billion with a 32 percent surge as compared to the same month of the fiscal year 2020-21.

If the exports continued increasing at the same pace, he expressed confidence that the country would witness history’s highest-ever growth of $30 billion in this sector by end of the current fiscal year by the grace of Allah Almighty.

Read Govt’s ‘pro-poor’ reforms to usher in prosperity: Farrukh

Farrukh regretted that the exports sector faced destruction due to wrong economic policies introduced by the past regime of Nawaz Sharif and Ishaq Dar.

On Sunday, the minister visited the residence of PTI’s chief whip in the National Assembly Malik Muhammad Amir Dogar to condole his mother's demise. He sympathised with Dogar, who is also special assistant to the prime minister on parliamentary affairs, and prayed to Allah Almighty to rest the departed soul in eternal peace. Dogar’s mother died some days ago.

(With input from app)

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