Patriot forever
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Imports are more now even after devaluing currency 30%. 6.5 billion dollar in just 1 months. You guys were saying it's ok because you are blind you do not have any justification to defend devaluation. Imran Khan only increased 600 million export after devaluating the currency 30% and give trade deficit of 7.5 billion dollar in just 2 months.
Beta CAD even in August will be less than 2018.
Exports takes time to grow, we have to build the capacity and competitiveness which got eroded after artificial currency manipulation. The textile sector took the major hit with machinery being sold for scrap at less than the price of tomatoes during plmn. We are increasing instead of decreasing.
Calculate how much the revenue of our export industries is in rupees after devaluation. Not only now they are more profitable but also have excess capital to invest in capacity building.