Textile exports surge 28pc in first quarter: Habib

Author:

Minister of State for Information and Broadcasting Farrukh Habib said textile exports in the first quarter of current fiscal year have increased by 28 percent. Sharing details of increased exports in a tweet on Saturday, the minister said textile exports stands over $4.4 billion which will help increase foreign exchange and stabilise the economy.

In another tweet, he said the overseas Pakistanis had sent US $2.7 billion remittances in September (2021), registering growth of 16.9 percent over the same month last year. He said overall remittances in the first quarter of the current fiscal year (2021-22) stood at US $8 billion. The remittances grew by 12.5 percent in the first quarter compared to the corresponding period last year.

Share
Leave a Comment

Recent Posts

  • Pakistan

Labour Day — A reminder for better facilities to workers

When international labor community was observing International Labour Day, scores of illiterate laborers in Pakistan…

6 hours ago
  • Pakistan

Xinjiang enjoys social stability, religious freedom and economic development

A delegation of Pakistani elite youth which recently visited Urumqi, Kashgar, and Atush said that…

6 hours ago
  • Pakistan

Pakistan, Turkey, Iran, Azerbaijan, Kazakhstan and Tajikistan delegation visits Beijing

A delegation comprised over 15 participants from the Economic Cooperation Organization Science Foundation (ECOSF) including…

6 hours ago
  • Pakistan

COMSTECH partneres with Chinese University for training program in China

The Committee on Science and Technology of the Organization of Islamic Cooperation (COMSTECH) has partnered…

6 hours ago
  • Pakistan

Street gang war leaves shopkeeper dead in Lahore’s Model Town

A cross-firing between two rival groups on Model Town Link Raod claimed the life of…

6 hours ago
  • Pakistan

Woman kidnaps her own son in Narowal

A woman with the help of her lover kidnapped her own son in Narowal, police…

6 hours ago