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Express Tribune
16-06-2025
- Business
- Express Tribune
CM hails 'largest development budget'
Punjab Chief Minister Maryam Nawaz Sharif asserts while addressing a provincial cabinet meeting on Monday, "We are not only giving a zero tax budget, but the largest development budget. The previous development budget was also a record, we will break all our own records. We not only gave a surplus budget of Rs740 billion despite fulfilling IMF conditions, but also delivered by imposing emergency in the province." The chief minister said 100 innovative programmes and projects had started in Punjab, 700 roads were being built, and the construction and expansion of 12,000km of roads is a record. She added, "Full attention is focused on the people, there is no example of such a hefty budget in health and education in the history. Free medicines will be available everywhere. We will also meet our target of providing essential facilities in government schools during this year." She underscored, "A record of cleanliness was set across the province on the Eid. It is easy to increase taxes by increasing their rate, but instead we will focus on enhancing the tax net. If we build two or four big projects, it seems as if a big job has been done, but we have brought 100 new programmes. More than 40,000 houses could not even be built in 40 years but we have completed them in just one year." Chief Minister Maryam Nawaz said, "I have memorised figures related to each department in the 2025-26 budget, which will prove to be an unprecedented budget in the history of the country." She added, "We will consider the grant of bonus to government employees on their performance, minimum wage of a labourers is fixed at Rs40,000 per month." She emphasised, "The wage system should be digitalised. The rate of local debt in Punjab has decreased by a record 94%." The chief minister said, "We are presenting a historic package of public service. Governance is improving due to financial discipline." She added, "The entire progress will be presented in the provincial assembly, everyone will tell how much funds were spent where. No scandal surfaced due to e-tendering and good governance."
Business Recorder
17-05-2025
- Business
- Business Recorder
Pakistan April exports down 17.66% to $2.178bn MoM
ISLAMABAD: Pakistan exports witnessed a decrease in April whereas country's import increased, says Pakistan Bureau of Statistics (PBS). The data of exports and imports released by PBS revealed exports from Pakistan during April 2025 amounted to Rs611,289 million (provisional) against Rs740,800 million in March 2025 and Rs653,957 million during April 2024 showing a decrease of 17.48 per cent over March, 2025 and of 6.52 per cent. The PBS data reveals that the exports in April, 2025 totalled $2,178 million (provisional) as compared to 2,645 million in March, 2025 showing a decrease of 17.66per cent over March 2025 and of 7.36per cent as compared to $ 2,351 million in April 2024. Jul-Apr exports up 6.25pc to $26.859bn YoY Exports during July–April 2024-25 totalled Rs7,495,497 million (provisional) against Rs7,171,883 million during the corresponding period of last year showing an increase of 4.51per cent. In terms of US dollars, the exports during July–April 2024 - 2025 totalled $26,896 million (provisional) against $25,278 million during the corresponding period of last year showing an increase of 6.40per cent. Main commodities of exports during April 2025 were knitwear (Rs93,448 million), readymade garments (Rs84,968 million), bed wear (Rs54,922 million), rice others (Rs45,070 million), cotton cloth (Rs35,474 million), towels (Rs23,748 million), made-up articles (excl towels and bedwear), (Rs15,302 million), fish and fish preparations, (Rs13,470 million), basmati rice (Rs12,840 million) and petroleum products (excl top Naphta) (Rs12,811 million). Imports into Pakistan during April, amounted to Rs1,575,176 million (provisional) as againstRs1,352,310 million in March 2025 and Rs1,347,817 million during April 2024 showing an increase of 16.48per cent over March 2025 and of 16.87per cent. In terms of US dollars, the imports in April 2025 totalled $ 5,611 million (provisional) as compared to $ 4,828 million in March 2025 showing an increase of 16.22per cent over March, 2025 and of 15.79per cent as compared to $ 4,846 million in April, 2024. Imports during July–April 2024 - 2025 totalled Rs13,463,700 million (provisional) as againstRs12,732,232 million during the corresponding period of last year showing an increase of 5.75per cent. In terms of US dollars, the imports during July – April, 2024 - 2025 totaled $48,292 million (provisional) as against $44,900 million during the corresponding period of last year showing an increase of 7.55per cent. Main commodities of imports during April 2025 were petroleum crude (Rs151,470 million),electrical machinery and apparatus (Rs150,199 million), petroleum products (Rs139,114 million), palm oil (Rs83,674 million), iron and steel (Rs70,923 million), natural gas liquefied (LNG) (Rs66,043 million), plastic materials (Rs64,101 million), raw cotton (Rs56,960 million), iron and steel scrap (Rs42,018 million) and motor cars (CKD/SKD) (Rs38,687 million). Copyright Business Recorder, 2025
Business Recorder
17-05-2025
- Business
- Business Recorder
April exports down 17.66pc to $2.178bn MoM
ISLAMABAD: Pakistan exports witnessed a decrease in April whereas country's import increased, says Pakistan Bureau of Statistics (PBS). The data of exports and imports released by PBS revealed exports from Pakistan during April 2025 amounted to Rs611,289 million (provisional) against Rs740,800 million in March 2025 and Rs653,957 million during April 2024 showing a decrease of 17.48 per cent over March, 2025 and of 6.52 per cent. The PBS data reveals that the exports in April, 2025 totalled $2,178 million (provisional) as compared to 2,645 million in March, 2025 showing a decrease of 17.66per cent over March 2025 and of 7.36per cent as compared to $ 2,351 million in April 2024. Jul-Apr exports up 6.25pc to $26.859bn YoY Exports during July–April 2024-25 totalled Rs7,495,497 million (provisional) against Rs7,171,883 million during the corresponding period of last year showing an increase of 4.51per cent. In terms of US dollars, the exports during July–April 2024 - 2025 totalled $26,896 million (provisional) against $25,278 million during the corresponding period of last year showing an increase of 6.40per cent. Main commodities of exports during April 2025 were knitwear (Rs93,448 million), readymade garments (Rs84,968 million), bed wear (Rs54,922 million), rice others (Rs45,070 million), cotton cloth (Rs35,474 million), towels (Rs23,748 million), made-up articles (excl towels and bedwear), (Rs15,302 million), fish and fish preparations, (Rs13,470 million), basmati rice (Rs12,840 million) and petroleum products (excl top Naphta) (Rs12,811 million). Imports into Pakistan during April, amounted to Rs1,575,176 million (provisional) as againstRs1,352,310 million in March 2025 and Rs1,347,817 million during April 2024 showing an increase of 16.48per cent over March 2025 and of 16.87per cent. In terms of US dollars, the imports in April 2025 totalled $ 5,611 million (provisional) as compared to $ 4,828 million in March 2025 showing an increase of 16.22per cent over March, 2025 and of 15.79per cent as compared to $ 4,846 million in April, 2024. Imports during July–April 2024 - 2025 totalled Rs13,463,700 million (provisional) as againstRs12,732,232 million during the corresponding period of last year showing an increase of 5.75per cent. In terms of US dollars, the imports during July – April, 2024 - 2025 totaled $48,292 million (provisional) as against $44,900 million during the corresponding period of last year showing an increase of 7.55per cent. Main commodities of imports during April 2025 were petroleum crude (Rs151,470 million),electrical machinery and apparatus (Rs150,199 million), petroleum products (Rs139,114 million), palm oil (Rs83,674 million), iron and steel (Rs70,923 million), natural gas liquefied (LNG) (Rs66,043 million), plastic materials (Rs64,101 million), raw cotton (Rs56,960 million), iron and steel scrap (Rs42,018 million) and motor cars (CKD/SKD) (Rs38,687 million). Copyright Business Recorder, 2025
Business Recorder
17-05-2025
- Business
- Business Recorder
April exports down 17.66pc to Rs2.178bn MoM
ISLAMABAD: Pakistan exports witnessed a decrease in April whereas country's import increased, says Pakistan Bureau of Statistics (PBS). The data of exports and imports released by PBS revealed exports from Pakistan during April 2025 amounted to Rs611,289 million (provisional) against Rs740,800 million in March 2025 and Rs653,957 million during April 2024 showing a decrease of 17.48 per cent over March, 2025 and of 6.52 per cent. The PBS data reveals that the exports in April, 2025 totalled $2,178 million (provisional) as compared to 2,645 million in March, 2025 showing a decrease of 17.66per cent over March 2025 and of 7.36per cent as compared to $ 2,351 million in April 2024. Jul-Apr exports up 6.25pc to $26.859bn YoY Exports during July–April 2024-25 totalled Rs7,495,497 million (provisional) against Rs7,171,883 million during the corresponding period of last year showing an increase of 4.51per cent. In terms of US dollars, the exports during July–April 2024 - 2025 totalled $26,896 million (provisional) against $25,278 million during the corresponding period of last year showing an increase of 6.40per cent. Main commodities of exports during April 2025 were knitwear (Rs93,448 million), readymade garments (Rs84,968 million), bed wear (Rs54,922 million), rice others (Rs45,070 million), cotton cloth (Rs35,474 million), towels (Rs23,748 million), made-up articles (excl towels and bedwear), (Rs15,302 million), fish and fish preparations, (Rs13,470 million), basmati rice (Rs12,840 million) and petroleum products (excl top Naphta) (Rs12,811 million). Imports into Pakistan during April, amounted to Rs1,575,176 million (provisional) as againstRs1,352,310 million in March 2025 and Rs1,347,817 million during April 2024 showing an increase of 16.48per cent over March 2025 and of 16.87per cent. In terms of US dollars, the imports in April 2025 totalled $ 5,611 million (provisional) as compared to $ 4,828 million in March 2025 showing an increase of 16.22per cent over March, 2025 and of 15.79per cent as compared to $ 4,846 million in April, 2024. Imports during July–April 2024 - 2025 totalled Rs13,463,700 million (provisional) as againstRs12,732,232 million during the corresponding period of last year showing an increase of 5.75per cent. In terms of US dollars, the imports during July – April, 2024 - 2025 totaled $48,292 million (provisional) as against $44,900 million during the corresponding period of last year showing an increase of 7.55per cent. Main commodities of imports during April 2025 were petroleum crude (Rs151,470 million),electrical machinery and apparatus (Rs150,199 million), petroleum products (Rs139,114 million), palm oil (Rs83,674 million), iron and steel (Rs70,923 million), natural gas liquefied (LNG) (Rs66,043 million), plastic materials (Rs64,101 million), raw cotton (Rs56,960 million), iron and steel scrap (Rs42,018 million) and motor cars (CKD/SKD) (Rs38,687 million). Copyright Business Recorder, 2025
Business Recorder
17-05-2025
- Business
- Business Recorder
Apr exports down 17.66pc to Rs2.178bn MoM
ISLAMABAD: Pakistan exports witnessed a decrease in April whereas country's import increased, says Pakistan Bureau of Statistics (PBS). The data of exports and imports released by PBS revealed exports from Pakistan during April 2025 amounted to Rs611,289 million (provisional) against Rs740,800 million in March 2025 and Rs653,957 million during April 2024 showing a decrease of 17.48 per cent over March, 2025 and of 6.52 per cent. The PBS data reveals that the exports in April, 2025 totalled $2,178 million (provisional) as compared to 2,645 million in March, 2025 showing a decrease of 17.66per cent over March 2025 and of 7.36per cent as compared to $ 2,351 million in April 2024. Jul-Apr exports up 6.25pc to $26.859bn YoY Exports during July–April 2024-25 totalled Rs7,495,497 million (provisional) against Rs7,171,883 million during the corresponding period of last year showing an increase of 4.51per cent. In terms of US dollars, the exports during July–April 2024 - 2025 totalled $26,896 million (provisional) against $25,278 million during the corresponding period of last year showing an increase of 6.40per cent. Main commodities of exports during April 2025 were knitwear (Rs93,448 million), readymade garments (Rs84,968 million), bed wear (Rs54,922 million), rice others (Rs45,070 million), cotton cloth (Rs35,474 million), towels (Rs23,748 million), made-up articles (excl towels and bedwear), (Rs15,302 million), fish and fish preparations, (Rs13,470 million), basmati rice (Rs12,840 million) and petroleum products (excl top Naphta) (Rs12,811 million). Imports into Pakistan during April, amounted to Rs1,575,176 million (provisional) as againstRs1,352,310 million in March 2025 and Rs1,347,817 million during April 2024 showing an increase of 16.48per cent over March 2025 and of 16.87per cent. In terms of US dollars, the imports in April 2025 totalled $ 5,611 million (provisional) as compared to $ 4,828 million in March 2025 showing an increase of 16.22per cent over March, 2025 and of 15.79per cent as compared to $ 4,846 million in April, 2024. Imports during July–April 2024 - 2025 totalled Rs13,463,700 million (provisional) as againstRs12,732,232 million during the corresponding period of last year showing an increase of 5.75per cent. In terms of US dollars, the imports during July – April, 2024 - 2025 totaled $48,292 million (provisional) as against $44,900 million during the corresponding period of last year showing an increase of 7.55per cent. Main commodities of imports during April 2025 were petroleum crude (Rs151,470 million),electrical machinery and apparatus (Rs150,199 million), petroleum products (Rs139,114 million), palm oil (Rs83,674 million), iron and steel (Rs70,923 million), natural gas liquefied (LNG) (Rs66,043 million), plastic materials (Rs64,101 million), raw cotton (Rs56,960 million), iron and steel scrap (Rs42,018 million) and motor cars (CKD/SKD) (Rs38,687 million). Copyright Business Recorder, 2025
