Chairman of PHHSA, Shahzad Ali Malik, emphasizes the need for sustained macro-fiscal and structural reforms to achieve sustainable economic growth. He suggests diversifying Pakistan’s agricultural exports, tapping into lucrative markets, and upgrading technology and services in the agriculture sector to unlock its full potential.

Dr. Abed Chaudhury, a renowned gene scientist, has revolutionized rice cultivation with his innovative method ‘Panchabrihi’, addressing year-round food shortages. His expertise in genetics, crop breeding, and biotech has made him a leading figure in modern biology. With accolades for his groundbreaking work, Dr. Abed Chaudhury aims to ensure food security in Bangladesh.

Exports from Pakistan during the first quarter of the current fiscal year surged by 25.54 percent, reaching Rs2,013,533 million. September 2023 witnessed a 31.27 percent YoY increase in exports, amounting to Rs737,295 million. Imports for the same period decreased by 2.45 percent to Rs3,560,763 million.

In a gesture of support and friendship, India has agreed to export 170,000 tonnes of non-basmati white rice to Malaysia, alleviating the country’s recent rice shortage. This decision reflects India’s commitment to food security and will provide temporary relief while Malaysia looks for long-term solutions.

Renowned gene scientist, Dr. Abed Chaudhury, has achieved a groundbreaking breakthrough in rice cultivation with his method called Panchabrihi. This innovative technique has the potential to revolutionize agriculture and address food crisis issues, ensuring food security in Bangladesh for the foreseeable future. Dr. Chaudhury’s contributions extend beyond science with his advocacy for rural development and literary works.

Pakistan’s exports in the first quarter of FY2023-24 witnessed a strong growth of 25.54%, reflecting a positive trend for the country’s export sector. This increase demonstrates the resilience and competitiveness of Pakistani exporters. (Source: ARY News)

Exports from Pakistan have surged by 25.54% in the first quarter of the current fiscal year, according to the Pakistan Bureau of Statistics. This positive growth trend can contribute to strengthening the country’s economy.

According to data from the State Bank of Pakistan, textile exports in September 2023 declined by 17.07% YoY to $1.33bn, compared to $1.61bn in the same period in 2022. The cumulative figures for the first three months of FY24 also showed a decline of 14.51% YoY. Knitwear, readymade garments, and bed wear were the key contributors in the textile category, experiencing significant declines in exports.

Pakistan rice exporters are urging the government to provide incentives to boost exports, tapping into the growing global demand for rice. They highlight challenges such as high production costs and advocate for promoting Pakistani rice through international exhibitions and digital marketing. Exporters also emphasize maintaining quality standards and targeting the demand for white broken rice in African countries and the Middle East. With government support, they believe Pakistan can enhance its position in the global rice market, contributing to economic growth.

Communications between the US and Pakistan were halted after former Prime Minister Imran Khan’s cipher incident, where he accused the US of plotting against him. The incident led to Khan’s imprisonment and revealed his attempt to seek military assistance to counter a no-confidence motion. Source: MENAFN