Major Exports in Jul-Sep 2019

hans271270

MPA (400+ posts)
This makes it clear the present mangai or price is due to export increase in meat and food products and unless production of food products increase the manghai will not stop
Ik you must control of exports of essential goods to put a damper on inflation
 

Jack Squire

Councller (250+ posts)
This makes it clear the present mangai or price is due to export increase in meat and food products and unless production of food products increase the manghai will not stop
Ik you must control of exports of essential goods to put a damper on inflation
Ummm... better yet one should expand production, it will result in the following:
1. More job creation, expanding the middle class
2. Increased exports - increasing our revenue and helping curb deficit
3. Lower domestic prices due to increased competition (think supply/demand)

Production can be increased by employing cheap labor (which we have plenty of), by introducing new machinery that will help produce things 24x7 (as opposed to humans who get tired and need to rest), and by exploring new techniques and methods of producing the said product by investing in R&D -- hence increasing productivity AND quality....
 

kashy28

MPA (400+ posts)
Economic situation is not showing signs of improvement.There is high inflation ,production is down leading to unemployment.Ik has failed to bring back the huge illegal money of zardari and nawaz stashed abroad that could have helped to improve the situation.
 

farooqak

Minister (2k+ posts)
I hope day comes where we can be top country in export of electrical goods / manufacturing and IT software / consultancy
We won't last long in modern day with rice, wheat, orange and mango
Cannot sell vegetables and buy Honda City for long
 

Jack Squire

Councller (250+ posts)
Economic situation is not showing signs of improvement.There is high inflation ,production is down leading to unemployment.Ik has failed to bring back the huge illegal money of zardari and nawaz stashed abroad that could have helped to improve the situation.
Dude, stop listening to the bikau media -- do your own research -- today we all have the power of internet at our hands, do your own research... here leme help ya (this is 2 weeks old now yet still relevant):


Below is a compilation of news items since last Friday that is worthy of big headlines of their own. Guess how many of these were discussed in talk shows or any so-called analysts discussed or dissected any of them!

1. Pakistan Post launches National Internship Program with 35000 vacancies.

2. The textile industry shows a 26% growth in quantitative terms according to APTMA.

3. A complaint cell to be operational at Prime Minister Office with MNAs & MPAs listening to complains directly.

4. New tourism zones being formed in KP. 20 new tourist spots identified in KP.

5. KP govt announces a 50% rebate in electricity charges to industry.

6. Remittances in Sept 2019 increase by 17.5% compared to Sept 2018.

7. Industrial Sectors profit year ending 30 Jun 2019.
Banking: Rs 147B
Cement: Rs 31B
Auto: Rs 121B
Oil&Gas: Rs 221B
Fertiliser: Rs 68B
Power: Rs 27B

8. 579 Pakistanis freed in Saudi Arabia.

9. FBR launches the Tax Asaan app for easy tax filing.

10. PIA completes the overhauling of Boeing 777 indigenously.

11. Pakistan Stock Exchange crosses 34000 points, gains 5500 points in the last two months.

12. Government awards license to foreign firms for renewable energy projects.

13. FBR (FQ) of FY-20 tax collection PKR 304 billion.

14. FBR asks large retailers to link the invoicing system with FBR by Dec 1st.

15 -1st Q Non-Tax Revenue collected PKR 406B

16. FBR strikes a deal with the UAE government by exchanging details of Pakistani asset owners. Iqama abuse also being handled.

17. Global investors piling into Pakistan's local currency bonds with 342 Million dollars of Portfolio Investment.

18. Total Export Quantity increased by 12%, in 2019 YoY basis, textile exports cross 13 Billion dollars due to a 26% increase in quantity.

19. Trade deficit shrinks by 35% to $5.72 billion

20 Imports fell by 20.5% exports up by 2.7% FQ FY

21 Telecom sector Revenue likely to fetch Rs 338 Billion

22 SBP Profit likely to be at Rs 200 Billion

23 Selling of LNG Plants to earn Rs 300 Billion

24 No borrowing from SBP to artificially keep Pak Rs stable, yet Rupee is stable from last 3 months

25 $340 Million record inflow from Mutual Fund.

26 Half a Million new taxpayers join the tax net.

27 The number of FATF conditions met 20 out of 27.

28 Bullish trend in the stock market has entered the 8th week.

29 7000 Children enrolled in Islamabad under a campaign led by the Federal Education Ministry.

30 Government approves proposal for Civil Service Reforms

31 First Balloting of Naya Pakistan Housing Scheme In Lodhran, 700 people awarded and 100 kept in waiting list

32 Punjab Government aims to deal shortage of 90% schools in a month's time as per Student-Teacher Ratio.

33 UAE Officials to visit Pakistan next month to sign an agreement with FBR on sharing details of Pakistani Property Owners in UAE.

34 BISP to introduce new Biometric Payment Solution for Beneficiaries to ensure Transparency

35 Japan includes Pakistan in the list of top 10 friendly countries & looking to assisting Pakistan in development activities.

36 KP Government approves Rs 6.72 billion for the construction and maintenance of highways.

37 Pakistan & Turkey to sign an agreement on medical care.

38 International money transfer company MoneyGram has launched a new bank deposit service allowing customers to send money to any bank account in Pakistan

39 Punjab Government announces "Artist Support Fund" for senior Artists with negligible income
 

Jack Squire

Councller (250+ posts)
Economic situation is not showing signs of improvement.There is high inflation ,production is down leading to unemployment.Ik has failed to bring back the huge illegal money of zardari and nawaz stashed abroad that could have helped to improve the situation.
As far as bringing back huge illegal money -- if only it were as easy as asking for it and getting it.... ofcourse the rich nations where money has been laundered to will not want to give up huge sums of money --- think logically....
Yet it will be a slow process to get that money back -- besides we have SHIT lawyers who represent Pak at international forums and thus we end up losing cases and paying billions in fines.... However InshAllah we will bear this with patience and come out strong!

Remember Allah SWT at many places in the quran says that Indeed Allah is with those who bear patience....
 
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