ISLAMABAD: The country has witnessed another year, when the government could not achieve the export targets as exports of merchandise fell by over $2.8 billion in the outgoing fiscal year.
The government had set an export target of $27 billion for 2014-15, but actual export proceeds stood at $24.2 billion. One of the major factors of decline in exports is concentration of exports in textile and clothing which constitute as much as 50pc. Exporters blame the ministry of textile industry for its failure to guide the industry.
