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August exports soared 43pc to US$2.2 bil, PM’s commerce advisor says

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News Stories Posted by ARY News Digital Team

ISLAMABAD: Prime Minister’s advisor on Commerce and Investment Abdul Razak Dawood said Wednesday the country’s exports have soared to US$2.257 billion this August marking a 43 per cent surge compared to the last year August, ARY News reported.

The commerce advisor said he was glad to announce the growth in exports recording 43 pc year on year surge.

Last year this number was US$1.584 for August exports, Abdul Razak Dawood took to Twitter today to announce the development.

“I am glad to share that our exports for the month of August 2021 have grown by 43% to USD 2.257 billion as compared to USD 1.584 billion in August 2020.”

Rupee sheds another 48 paisa against US dollar in interbank

He said the growth was affected by shipments’ delays due to heavy rains.

He added, “The exports for August 2021 are short by USD 143 million of our monthly target of USD 2.4 billion for the month.”

The commerce advisor urged the exporters to “double their efforts to market their exports in order to achieve our target”.

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