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

Smog hazard
Updated 05 Nov, 2024

Smog hazard

The catastrophe unfolding in Lahore is a product of authorities’ repeated failure to recognise environmental impact of rapid urbanisation.
Monetary policy
05 Nov, 2024

Monetary policy

IN an aggressive move, the State Bank on Monday reduced its key policy rate by a hefty 250bps to 15pc. This is the...
Cultural power
05 Nov, 2024

Cultural power

AS vital modes of communication, art and culture have the power to overcome social and international barriers....
Disregarding CCI
Updated 04 Nov, 2024

Disregarding CCI

The failure to regularly convene CCI meetings means that the process of democratic decision-making is falling apart.
Defeating TB
04 Nov, 2024

Defeating TB

CONSIDERING the fact that Pakistan has the fifth highest burden of tuberculosis in the world as per the World Health...
Ceasefire charade
Updated 04 Nov, 2024

Ceasefire charade

The US talks of peace, while simultaneously arming and funding their Israeli allies, are doomed to fail, and are little more than a charade.