Related Keywords: boost exports, business related challenges, delay in strategic trade policy framework, lower global commodity price, Pakistan exports tumbling, power storage, TDAP, weakening external demand
Pakistan's exports are continuously tumbling from last some months due to the lower global commodity prices, weakening external demand, ongoing power shortages, and security and business climate related challenges. Despite all this, the government is yet to announce the strategic trade policy framework to boost the country’s exports.
Pakistan’s exports had come down by 13.42 percent to $6.9 billion during first four months (July-October) of the ongoing financial year 2015-2016 from $8 billion of the corresponding month of the previous year, Pakistan Bureau of Statistics data showed.