KARACHI: Pakistan will achieve its target of record exports this year, Prime Minister's Adviser on Commerce and Industries Abdur Razzak Dawood said on Saturday.
Addressing a conference, he said despite unfavorable circumstances economy was moving on right track, with current account deficit still being a challenge.
He said emergency measures were being taken to cope with the issue of current account deficit.
He claimed that economy fared batter in 2018 as compared to December last year, adding that Pakistan would manage to take its exports to $27 billion dollars.
The Adviser conceded that he could not focus on edible oil but vowed to take the industry forward. He said the policy would benefit help farmers earn foreign exchange.
He also confirmed that American company Cargill has showed interest in investing millions of dollars in Pakistan.
Dawood said Pakistan's exports would be increased rapidly, adding that the country has acquired $1 billion rice and sugar export market in China.
Mark Bristow says estimated investment of $10 billion will boost mining industry and local economy
PM Shehbaz had earlier decided to keep the key committee with himself
High cost of childcare stresses out American parents, especially mothers as cost of living rises
Financing for Sindh Barrages Improvement Project will support better resilience to floods, says the bank
Three out of four countries to experience "underpopulation" by 2050 due to birth decline
PM Shehbaz says Reko Diq project will usher in a new era of development of Balochistan and prosperity of people