ISLAMABAD – Prime Minister Muhammad Shehbaz Sharif has expressed strong satisfaction over Pakistan’s exports reaching $2.7 billion in the first month of the new fiscal year.
In a statement from his office on Thursday, the Prime Minister highlighted a 17% year-on-year rise in Pakistan’s exports from July 2024 to July 2025. He called it an encouraging sign for the economy. He also pointed to a 9% month-on-month jump in a single month, describing it as a positive signal for economic progress.
Shehbaz Sharif stressed that the government is committed to an export-led growth strategy. He said that sound economic policies and clear priorities have steered key economic indicators in the right direction. He praised the performance of the economic team and pledged continued efforts to enhance Pakistan’s exports, boost investment, and create a business-friendly environment.
The Prime Minister also noted that the faceless customs assessment system has improved port operations. He welcomed the rise in the tax-to-GDP ratio, terming it a healthy economic development. He further pointed to recent upgrades in Pakistan’s credit ratings by global financial institutions, calling them proof of growing economic stability.
Sharing figures on remittances, Shehbaz Sharif revealed that $34.9 billion were received in the last fiscal year. This reflects a 28.8% increase compared to FY 2023-24. He said that the government is offering more facilities to overseas Pakistanis to sustain this growth.
He also lauded the performance of the Pakistan Stock Exchange. The PSX 100 Index recently crossed the 145,000 mark, achieving record gains in recent days.
Concluding his statement, Shehbaz Sharif once again appreciated his economic team. He reaffirmed the government’s determination to further increase Pakistan’s exports, attract foreign investment, and strengthen the country’s overall economic climate.
