Exports will cross the mark of $30 billion in this financial year according to Tariq Iqbal, chairman of the Trade Development Authority of Pakistan (TDAP).
Iqbal while speaking to the business community said that in the previous financial year, exports were almost $25 billion against target of $20 billion. He said that the government has been trying their best to develop a sustainable economy rather than a bubble economy
“We have already negotiated with India, Bangladesh and Indonesia on different trade pacts with encouraging results,” he said.
Published in The Express Tribune, December 28th, 2011.
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This is amazing, when country is unstable by all means and Power and Gas outages as rampant as they possibly can, a 20% increase in exports YOY, its astonishing, Unless they are fudging. I strongly believe,Pakistan can reach top 20 Economies by around 2025 if policies devised Dimagh Se and implemented Dil Se. Very optimistic for long term but pessimistic for short term.
An increase of 20% with prices falling?