Exports back to pre-pandemic level: Razak

Published November 3, 2020
The country’s exports have maintained a growth trend in October and are back to pre-pandemic level, Commerce Adviser Razak Dawood said on Monday. — APP/File
The country’s exports have maintained a growth trend in October and are back to pre-pandemic level, Commerce Adviser Razak Dawood said on Monday. — APP/File

ISLAMABAD: The country’s exports have maintained a growth trend in October and are back to pre-pandemic level, Commerce Adviser Razak Dawood said on Monday.

Taking to social media platform Twitter, the ad­­viser said, “Alhamdolillah, our exports have maintained the growth trend in October 2020. Our exports have crossed the 2 billion mark after July 2020 and are back on track to pre-Covid-19 levels. This is despite the contraction in our major markets due to Covid-19 and the uncertainty created by recent resurgence of the Covid-19 pandemic. I wish to congratulate all our exporters.”

In another set of tweets, Razak said exports of pharmaceutical products increased by 22.6 per cent in the first quarter of the current financial year from a year ago. He also thanked Special Assistant to Prime Minister on Health Dr Faisal Sultan for his support.

“Alhamdolillah, I am glad to share that our Pharmaceutical exports have gotten off to a good start this year. In value terms, our exports have grown by 22.6% in the first quarter (Q1) to USD 68.1 million as compared to USD 55.6 million in the corresponding period last year. 1/2,” he said in a series of tweets, adding: “All this has been due to the hard work our pharmaceutical exporters and renewed focus on exports. I take this opportunity to express my gratitude to Dr. Faisal Sultan @fslsltn and his team for their valuable support to the pharma industrial Sector”.

Published in Dawn, November 3rd, 2020

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Energy inflation
23 May, 2024

Energy inflation

ON Tuesday, the Oil & Gas Regulatory Authority slashed the average prescribed gas prices of SNGPL by 10pc and...
Culture of violence
23 May, 2024

Culture of violence

WHILE political differences are part of the democratic process, there can be no justification for such disagreements...
Flooding threats
23 May, 2024

Flooding threats

WITH temperatures in GB and KP forecasted to be four to six degrees higher than normal this week, the threat of...
Bulldozed bill
Updated 22 May, 2024

Bulldozed bill

Where once the party was championing the people and their voices, it is now devising new means to silence them.
Out of the abyss
22 May, 2024

Out of the abyss

ENFORCED disappearances remain a persistent blight on fundamental human rights in the country. Recent exchanges...
Holding Israel accountable
22 May, 2024

Holding Israel accountable

ALTHOUGH the International Criminal Court’s prosecutor wants arrest warrants to be issued for Israel’s prime...