After two years of slump in imports of machinery and equipment for construction of new industries, the process of recovery has started
Imports of machinery from the highest foreign exchange earning sector textile decreased to 5.68 million dollars from 21.27 million dollars.
Imports of all industrial sectors have decreased from 88.66 million dollars to 72.24 million dollars and have decreased by 18.52%, Pakistan Bureau of Statistics.
ISLAMABAD ( Web News )
After two years of decline in imports of machinery and equipment for the expansion of various industries and construction of new industries in Pakistan, the process of recovery has now started and the imports of machinery have increased by 6.36%. Imports have increased from 2 billion 76 billion dollars during the five months of July to November to 2 billion 93 billion dollars during these five months. The details released by the Pakistan Bureau of Statistics stated that the telecom sector’s efforts to introduce 5G technologies in Pakistan. Imports of machinery have increased by 74.36% and its imports have increased from 45 crore 56 lakh dollars to 79 crore 44 lakh dollars. Imports of agricultural machinery have increased from 1 crore 97 lakh dollars to 3 crore 18 lakh dollars due to the supply of agricultural machinery and equipment on credit to the agricultural sector in Pakistan. reached, the imports of electrical machinery have increased from 77.89 million dollars to 91.20 million dollars, there has been an increase of 17.10%, the imports of mobile phones by mobile phone companies have increased by 112% and the imports of mobile phones have increased from 29.5 million dollars. has reached 61 crore 65 lakh dollars, the imports of machinery and equipment of mining and other industries have increased from 16 crore 50 lakh dollars to 17 crore 79 lakh dollars, there has been an increase of 7.77%, the imports of office machinery and equipments have increased from 12 crore 99 lakh dollars to 20 crore 40 lakh dollars and Among them, there has been an excess of 57.11% in the sectors in which the process of expansion has stopped, among them, the imports of machinery for the establishment of power generation units in Pakistan have decreased from 24 crore 43 lakh dollars to 20 crore 69 lakh dollars, there has been an increase of 37.03%. , Pakistan’s highest employment opportunities and exports, the highest foreign exchange earning sector, textile sector’s machinery imports have decreased from 21.27 million dollars to 5.68 million dollars. It has come down to 72 crore 24 lakh dollars and there has been a decrease of 18.52%.