KARACHI: Pakistani exports grew by 19 percent during July to November this year as compared to the same period last year even after the devastating floods played havoc with the economy, statistics from the Federal Bureau have revealed.
Even though the increase in exports is encouraging, the government needs to keep an eye on the increasing imports, the sources added. Exports increased by 19 percent whereas imports showed an increase of 21 percent during the fiscal period of July-November 2009-2010.
The country is likely to achieve its target of $ 21 billion in exports during the current financial year because the crops of cotton and rice were not affected by the floods.
