Pakistan has increased exports in dollar terms for July 2020 by 6% over the same month of previous year ($2,001 million versus $1,886 million).
Considering that Pakistan’s exports had fallen to $21 billion during fiscal year 2019, it was good to see some recovery at the start of the current financial year. Growth has to be in double digits to reach the levels of FY18 at $23 billion.
A recent International Trade Centre (ITC) and World Bank study shows how even making the regulatory framework more export friendly can help achieve a major jump in exports.