Exports up 9.6pc in Oct: Hafeez

107

our correspjondent
ISLAMABAD
Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh said on Tuesday the country’s exports registered a 9.6 per cent increase in October. Exports of Goods & Services increased by 9.6% in Oct 2019, he said in a tweet. To provide easy working capital & funds for expansion, Govt & SBP will give additional Rs 300B[illion] in subsidised financing to exporters & Rs 30B will be given in cash instead of promissory notes issued against tax refunds, he added.
Exports of Goods & Services increased by 9.6% in Oct 2019. To provide easy working capital & funds for expansion, Govt & SBP will give additional Rs 300B in subsidised financing to exporters & Rs 30B will be given in cash instead of promissory notes issued against tax refunds.
A day earlier, Dr Shaikh had said the current account deficit shrinked by a massive 63.1 per cent in the first quarter of current fiscal year.

Comments are closed.

Subscribe to Newsletter
close-link