Early action helped Pakistan boost exports during pandemic: Bloomberg

General

Pakistan’s decision to loosen pandemic restrictions early has helped the country’s exports emerge stronger than its South Asian peers.

According to report published in Bloomberg, report said, the outbound shipments have grown at a faster pace than Bangladesh and India as textiles, which account for half of the total export, led the recovery.

The country saw total shipments grow 7% in September, compared with New Delhi’s 6% and Dhaka’s 3.5%.

According to the report, Prime Minister Imran Khan’s administration was the first in the region to ease pandemic restrictions, allowing export units to reopen in April, a month after locking them down to stem the spread of Covid-19.

 

Source: Radio Pakistan

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