PM Shehbaz lauds export surge as key economic indicators show progress
Prime Minister Shehbaz Sharif has expressed his satisfaction with Pakistan’s export performance, noting a significant increase in exports to $2.7 billion in the first month of the new fiscal year.
Speaking on the performance, the prime minister highlighted a 17% growth in exports from July 2024 to July 2025, describing it as highly encouraging. He also commended a 9% rise in exports in just one month, calling it a reassuring development.
“This growth in exports is a clear indication that the government’s economic policies are yielding positive results. The economic indicators are moving in the right direction, and the efforts of our economic team are commendable,” said PM Shehbaz. He emphasised that export-driven growth remains a top priority for the government.
The prime minister also pointed to improvements in trade operations, citing the implementation of the faceless customs assessment system, which is streamlining port operations and facilitating business activities.
Further, PM Shehbaz praised the improvement in Pakistan’s tax collection relative to GDP, which he called an encouraging sign for the economy. He also referenced the improved credit rating from international financial institutions as a sign of economic stability.
On remittances, the prime minister noted a record $34.9 billion in remittances for the past fiscal year, marking a 28.8% increase compared to the previous year. He reiterated the government’s commitment to providing more facilities for overseas Pakistanis.
Additionally, PM Shehbaz expressed contentment with the historic performance of the Pakistan Stock Exchange, with the 100 Index surpassing the 145,000 mark, signaling strong investor confidence.
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