Islamabad: Pakistan’s exports improved in the year 2021-22 but there was a clear decline in 2022-23.
Pakistan Steel Mill has been closed since 2015 but its 3019 employees are getting salaries, there is a plan to build a food processing zone on 1500 acres of steel mills land, there is a plan to give 750 acres of plant land to the Sindh government, there is hope for this project. Steel mills will run from
In response to Senator Mohsin Aziz’s question, the details of the exports of the last six years were presented in written form in the Senate session yesterday.
According to these documents, Pakistani exports were 23 billion dollars in 2017-18, 23 billion dollars in 2018-19, 21 billion dollars in 2019-20, 25 billion dollars in 2020-21, 25 billion dollars in 2021-22. Exports of more than 31 billion dollars have taken place, more than 27 billion dollars have been exported in the year 2022-23.
In the written reply, it is also said that non-issue of refunds, expensive energy prices are the reasons for the lack of exports, low demand for exports in the global markets, high interest rates, inflationary pressure are among the reasons for low exports.
