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Exports in August declined by 19.5 percent: Abdul Razzak Dawood

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September 3, 2020 (MLN): Pakistan’s exports declined by 19.5 percent in August 2020 due to supply chain affected owing to unprecedented monsoon rains.

According to Abdul Razzak Dawood posts on twitter  “Positive sign is that regardless of this temporary decline our trade balance continues to improve”

“Exporters are encouraged that despite the calamity of rain and flooding, we must pursue Make in Pakistan policy and export-led growth. “

“We have confidence in our exporters that they will make up for the loss of August 2020”.

However, according to economist Muzzammil Aslam “exports for particular month is the reflection of lag month. Monsoon affect will be seen in September”

 

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Posted on: 2020-09-03T14:55:00+05:00

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