Home Business Exports increase 25% in first half of current fiscal, says Farrukh Habib

Exports increase 25% in first half of current fiscal, says Farrukh Habib

Minister of State for Information and Broadcasting Farrukh Habib has said that 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 on Sunday.

In first six months of the last fiscal year, he said, the exports stood at $12.110.

Only in December, he 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.

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

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