Rs2.5bn paid as drawback in July-Jan

Published February 5, 2002

KARACHI, Feb 4: The Collectorate of Customs (exports), Karachi, during January 2002 disbursed Rs2,500 million as duty drawback to various exporters as compared to Rs1530 million disbursed during the corresponding period last year. There is an increase of Rs997 million or 66 per cent towards duty drawback payments.

The collectorate during July-Jan of the current fiscal disbursed Rs12251 million as duty drawback as compared to Rs8694 million during the corresponding period last year showing an increase of Rs3,775 million or 41 per cent.

The collectorate in line with the government policy to boost exports had expeditiously disbursed the duty drawback to exporters to help them in the liquidity crunch for which the officers and staff members worked beyond their duty hours even during public holidays.

The collectorate effected shipments of export goods amounting to Rs224,093 million during July 2001 to January 2002, as compared to Rs203,830 million during the same period last year showing an increase of Rs20,263 million or 10 per cent.

Opinion

Editorial

A difficult story
Updated 12 Jun, 2026

A difficult story

Unless productivity becomes the dominant target of economic policy, Pakistan will continue to oscillate between crises and fragile recovery.
Rough waters
12 Jun, 2026

Rough waters

AMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
Politicised football
12 Jun, 2026

Politicised football

ALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...
GB polls’ aftermath
Updated 11 Jun, 2026

GB polls’ aftermath

The new administration must address the region’s issues proactively.
Peace in retreat
11 Jun, 2026

Peace in retreat

THE ceasefire announced in April was supposed to create space for negotiations. Instead, it has been repeatedly...
A few good men
11 Jun, 2026

A few good men

IT was a brave move, no doubt. This Tuesday, in the land of the Afghan Taliban, a few good men decided to take a...