Decrease in imports reflects positive trajectory: PM’s advisor
MG News | August 07, 2019 at 05:16 PM GMT+05:00
August 7, 2019: Adviser on Commerce Abdul Razak Dawood says Pakistan's exports have increased and imports decreased as compared to the last year.
Addressing a news conference in Islamabad on Wednesday, he said reduction in imports indicates that economy is on the positive trajectory.
The Adviser said import of mineral products has decreased by 23 percent, vehicles 32 percent, textile 35 percent, paper and paperboard 22 percent and machinery by 11 percent.
Abdul Razak Dawood said the process of registration of traders has been initiated in the country, and they will have to become part of it.
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 167,970.66 232.94M | -1.49% -2541.20 |
| ALLSHR | 101,619.88 568.01M | -1.53% -1583.92 |
| KSE30 | 50,088.38 75.22M | -1.48% -750.85 |
| KMI30 | 239,957.11 86.73M | -1.35% -3288.50 |
| KMIALLSHR | 65,918.14 290.52M | -1.46% -974.01 |
| BKTi | 46,692.31 37.36M | -1.72% -817.24 |
| OGTi | 34,451.19 11.52M | -0.97% -338.00 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 78,090.00 | 79,110.00 78,080.00 | -1060.00 -1.34% |
| BRENT CRUDE | 106.97 | 107.03 106.32 | 1.29 1.22% |
| RICHARDS BAY COAL MONTHLY | 130.00 | 0.00 0.00 | 3.40 2.69% |
| ROTTERDAM COAL MONTHLY | 140.00 | 0.00 0.00 | 0.95 0.68% |
| USD RBD PALM OLEIN | 1,228.00 | 1,228.00 1,228.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 102.68 | 102.72 101.83 | 1.29 1.27% |
| SUGAR #11 WORLD | 18.16 | 18.39 17.96 | 0.01 0.06% |
Chart of the Day
Latest News
Top 5 things to watch in this week
MPC Decision
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
× ![]()