Pakistan: Over $24 billion export anticipated in 2011

[Hyde]

Over $24b export anticipated in 2011​

Updated at: 0221 PST, Thursday, March 17, 2011
ISLAMABAD: Finance Minister Abdul Hafeez Sheikh has Wednesday said his ministry was anticipating export to cross twenty-four billion dollars during the current fiscal year, adding that more sectors will have to be brought under taxation for the betterment of the levy system, Geo News reported.

He was addressing a press conference here. He said the export has been estimated to reach over 24 billion dollars this year, hoping that crops export will surge this year owing to acute cut in production across the globe.

“Government faced loss of twenty billion dollars due to withdrawal of hike in POL prices some days ago,” he said. Inflation is directly linked to loans the government is seeking from central bank,” he underlined.

 

[khanz]

24 billion is really low for a country of pakistan size imagine pakistan exports 25 billion with 185+ million people and israel with 7 million people exports 54+ billion we should not be satisfied with mediocrity pakistan has much potential we need to reach for the stars maybe it's wishful thinking but i hope one day i will see a $ trillion in exports anticipated for pakistan...........