According to Pakistan’s “Business Record” report on June 14, according to the government’s latest fiscal budget, the export target for the 2019/20 fiscal year is planned to be increased to US$26 billion. Exports in the fiscal year were US$24.65 billion. In the next fiscal year, food exports are expected to be US$5.027 billion, an increase of 6.4% over the current fiscal year, of which rice exports are US$2.208 billion and other food exports are US$2.83 billion. Textile exports are expected to be US$14.689 billion, an increase of 6.9% over the current fiscal year, including cotton yarn exports of US$1.311 billion, cotton cloth exports of US$2.364 billion, knitting supplies exports of US$3.165 billion, bedding exports of US$2.56 billion, ready-made garment exports of US$2.738 billion, and other exports. $2.55 billion. Manufacturing exports are expected to be US$3.974 billion, including US$551 million in sports products, US$828 million in leather products, US$1.237 billion in chemical products, US$237 million in cement, and US$1.032 billion in other exports. The government expects that the country’s exports will stabilize and rebound driven by many favorable factors such as the depreciation of the rupee, which will enhance export competitiveness, reduce production costs in the export industry, and improve domestic infrastructure.
AAA functional fabric network SVSGHRUTO
