Economy of Pakistan 🇵🇰

Bringing authentic facts, figures & news on Pakistan's Economy.

[Economy of Pakistan 🇵🇰 @EconomyPak]

Minister of State and Chairman Board of Investment (BOI) @MAzfarAhsan said that Pakistan has a young, digitally equipped population and there are immense opportunities for joint investment cooperation between Pakistan and Ethiopia. https://t.co/nIyC1WQvLZ via @pakobserver

[Alpha Beta Core @alphabetacore]

Mobile Phone Assembling🇵🇰

2017
Imports: 19.2mn
Local Assembling: 1.72mn
Local Share: 8%

2019
Imports: 28.2mn
Local Assembling: 12.84mn
Local Share: 31%

2021
Imported: 10.3mn
Local Assembling: 25mn
Local Share: 71%

@ImranKhanPTI @MinistryofST @MinistryofST @FinMinistryPak

[Mir Mohammad Alikhan @MirMAKOfficial]

History Made Today Between @eCademyPk & @DirActionPak

A Thread.

1. ECademy & DirAction join hands to create 10,000 e-commerce entrepreneurs and virtual assistants from Pakistan.

2. Amazon is the fastest growing e-commerce platforms. It needs Virtual Managers and

1/4

[Humayun Akhtar Khan @HumayunAkhtarK]

National Accounts Committee revised real GDP growth Rate to 5.38% for the FY21. It is not surprising as the volume of economy has expanded and significant growth was witnessed in different sectors of economy. Here are growth indicators
#PakistanMovingForward
1/7

[Economy of Pakistan 🇵🇰 @EconomyPak]

Ministry of Science & Technology has hosted Pakistan’s first Blockchain Summit in the federal capital and it was attended by international experts. The event was powered by BSV Blockchain. https://t.co/FaQg8lQFwd via @pakobserver

[Economy of Pakistan 🇵🇰 @EconomyPak]

PM Imran Khan launched the National Small and Medium Enterprises (SMEs) Policy underlining the importance of supporting small businesses and startups and saying the country would see the benefits of this policy in days to come. https://t.co/SyhVDF1Z7z via @pakobserver

[Pakistan Observer @pakobserver]

According to the @toplinesec's research report, Pakistan's textile exports
during first half of Fiscal year 2022 recorded highest ever textile exports of US$9.4 billion which were ⬆️ by 26%YoY. Value-added Textile exports were ⬆️ by 26%YoY & Basic Textile export was ⬆️ by 32%YoY

[Pakistan Observer @pakobserver]

According the Taurus Securities, during the 1st 6 months of ongoing FY22, car industry reported sales of 135,996 units compared to 79,954 units in same period last year showing 70% Year on Year basis growth in car sales. Suzuki Cultus topped the chart with 93% growth in sales.

[Economy of Pakistan 🇵🇰 @EconomyPak]

Gwadar has multiple mega projects underway under China-Pakistan out of which several are expected to be completed in 2022.
#PakistanMovingForward

https://t.co/iHdX76q54n via @pakobserver

[Economy of Pakistan 🇵🇰 @EconomyPak]

Minister of State for Information and Broadcasting @FarrukhHabibISF has said that Overseas Pakistanis transferred $3.160 billion to Pakistan through Roshan Digital Account. https://t.co/ffRx2k7RZy via @pakobserver

[Economy of Pakistan 🇵🇰 @EconomyPak]

President Dr Arif Alvi on Thursday urged the need for enhancing bilateral trade between Pakistan and Greece, and tapping the potential of cooperation in the fields of culture, education, and tourism. https://t.co/aIxeBxKajE via @pakobserver

[Pakistan Observer @pakobserver]

Cabinet approves Pak-China agreement on solar power generation in #Gwadar https://t.co/4xPzdf0U1c

[Alpha Beta Core @alphabetacore]

Pak Startup Investment 2021:
-Raised $375mn+, 2X vs last 6yrs combined
-Startups Valued at $1.5bn, 5X higher YoY.
-Themes 2022: Fintech, Healthtech, Edtech
-Global VCs seeing Pak as being untapped, avg age 22.5yrs, 110mn tech-savvy internet users

Keep investing in Young Pakistan

[Economy of Pakistan 🇵🇰 @EconomyPak]

The federal government and the Asian Development Bank (ADB) signed six agreements amounting to $1.543 billion to finance projects related to the energy sector, urban infrastructure, social protection, roads and water resources. https://t.co/c9vcsmISjk

[Economy of Pakistan 🇵🇰 @EconomyPak]

The Federal Cabinet approved the Strategic Trade Policy Framework (STPF) 2020-25, hoping to achieve export target of $ 57.03 billion by 2024-25. https://t.co/KnnwRHfutp

[Economy of Pakistan 🇵🇰 @EconomyPak]

State Bank Governor Dr Reza Baqir has appreciated banks for providing agri credit of over Rs1.3 trillion during FY21 & set target of Rs1.7 trillion for FY22. Dr Baqir chaired the annual meeting of the Agricultural Credit Advisory Committee (ACAC) in Multan https://t.co/HkfGtTfall

[Economy of Pakistan 🇵🇰 @EconomyPak]

The Islamic Development Bank (IDB) has approved $252 million loans to Pakistan for two projects — the construction of Mohmand Dam in Khyber Pakhtunkhwa and for anti-Covid vaccine support in the country. https://t.co/KfnxDiABvy

[Economy of Pakistan 🇵🇰 @EconomyPak]

The footwear exports from the country witnessed an increase of 13.91 percent during the first five months of current financial year (2021-22) as compared to the exports of corresponding period of last year.
https://t.co/lf5HTkBBnc

[Economy of Pakistan 🇵🇰 @EconomyPak]

Pakistan’s cotton production has increased by 44% to 7.27 million bales in the current season (June-Dec 2021) mainly due to conducive weather conditions. The improved yield has enhanced supply of the commodity to textile exporters of the country.
https://t.co/aOzZdSRPfF

[Economy of Pakistan 🇵🇰 @EconomyPak]

According to PBS data, Pakistan’s textile group exports witnessed 28.41% growth during the first five months (July-November) of the current fiscal year and remained $7.758 billion compared to $6.041 billion during the same period of the last fiscal year https://t.co/px9NJTAR9i