Minister for economic Affairs Hammad Azhar observed in a tweet on Wednesday that the country's exports accelerated with the aid of 12 % in the financial 12 months 2018-19, quoting State bank of Pakistan (SBP) for the supply of the facts.
The minister extra took to his Twitter and talked about that Pakistan's exports witnessed 'mighty boom' from July-Sep 19 period [i.e. the first quarter of current fiscal year], using Pakistan Bureau of Statistic (PBS) information as evidence.
prior, the minister had mentioned that more suitable economic guidelines of Pakistan Tehreek-e-Insaf (PTI) government have begun bearing fruit with reduce in present account and fiscal deficits and boost in international direct funding, revenue collection and tax base.
"there was a rise of 137 % in international direct investment (FDI) throughout the first quarter of latest fiscal 12 months. Fiscal deficit has been reduced with the aid of 50 % in first three months of the fiscal 12 months. fundamental price range stability mentioned a surplus of Rs 385 billion, foreign investment of $350 million got here to Pakistan, and international exchange reserves witnessed a rise of $650 million. The registration of tax filers extended with the aid of fifty five p.c," the minister observed while addressing a press conference on Tuesday.
The minister additional spoke of that that prime Minister Imran Khan has amicably resolved the Karkey dispute with the aid of Turkish President Tayyip Erdogan.
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