Business
Despite Covid-19, economic challenges Pakistan economy showing upward trends: Farrukh Habib
Exports, tax collection and agricultural produce showed upward trends.
Islamabad: Minister of State for Information and Broadcasting Farrukh Habib said on Wednesday that despite Covid-19, global high inflation and other economic challenges, Pakistan has sustainable growth rate of 5.37 per cent.
The minister said in a tweet that exports, tax collection and agricultural produce showed upward trends.
He said that the first half of the fiscal year, IT exports increased by 35.8 per cent, FBR tax recovery by 32.4 per cent whereas State Bank of Pakistan reserves by 31.8 per cent.
Farrukh Habib further stated that textile exports increased by 26 per cent, services exports by 20.4 per cent, remittances increased by 13.3 per cent.
Agriculture crops including cotton, rice, sugarcane, wheat and maize production increased which brought additional income of billions of rupees to the farmer community and their purchasing power has also increased.
کوویڈ19اور عالمی سطح پر دہائی کی سب سے ذیادہ مہنگائی، دیگرمعاشی چیلجنز کے باوجودپائیدار 5.37% ترقی کی شرح کامیابی ہے
— Farrukh Habib (@FarrukhHabibISF) January 26, 2022
پہلی ششمائی میں آئی ٹی برآمدات35.8%،
ایف بی آرٹیکس وصولی32.4%،
سٹیٹ بینک ریزرو31.8%،
ٹیکسٹائل برآمدات26%،
سروسزبرامدات20.4%
ترسیلات زرمیں 13.3%اضافہ ہوا ہے۔
-
Pakistan 13 hours ago
ATC turns down PTI founder's bail pleas in May 9 cases
-
Pakistan 2 days ago
Army called in Islamabad, ordered to shoot miscreants on site
-
Pakistan 2 days ago
PTI showdown: CIA building in Islamabad declared sub-jail
-
Pakistan 1 day ago
Non-issuance of UAE visa to Pakistanis is lie: Consul General
-
World 2 days ago
Donald Trump completes 15-member cabinet
-
Business 1 day ago
Bloodbath as PSX crashes amid heightened political situation
-
Sports 1 day ago
2nd ODI: Zimbabwe set Pakistan target of 146 runs to win
-
Pakistan 1 day ago
President, Interior Minister condemn attack on Rangers