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Home Breaking News

Rs213m for DLTL payments of non-Textile sector approved: Razak Dawood

byCT Report
20/01/2021
in Breaking News, Business, Latest News
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ISLAMABAD: Adviser to Prime Minister for Commerce and Investment Abdul Razak Dawood has said that Rs213 million for DLTL payments of non-Textile sector have been approved.

In a tweet on Wednesday, these payments are now with State Bank of Pakistan (SBP) and will soon be disbursed to the relevant exporters.

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He further said government’s policy is not to put any working capital constraints for our exporters.

Earlier, Pakistan s exports to the UK have exceeded $1 billion in the first 6 months of any financial year, for the first time in history.

Abdul Razzaq Dawood, trade adviser to Prime Minister Imran Khan said in a statement on twitter that Pakistan’s exports to the UK have crossed the $1 billion in the first 6 months of any Financial Year. For Jul-Dec 2020, the exports to UK grew by 21% to USD 1,029 million as compared to USD 852 million in Jul-Dec 2019.

He said that in Dec 2020, these exports grew by 47% to USD 189 million as compared to USD 129 million in Dec 2019.

Razzaq Dawood congratulated exporters for this achievement and encouraged them to make efforts to obtain a greater share of the market.

Adviser also commended the efforts of MOC s Trade Officers posted in the UK and urged them to work harder in finding opportunities for exporters and provide facilitation to Pakistani businessmen.

 

 

 

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