Corona virus: Which export sector boomed? How many loans taken?

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According to a report by Baaghi TV, the Senate met under the chairmanship of Senate Chairman Sadiq Sanjarani.

The Chairman Senate announced the panel of chairs for the current session. Rukhsana Zubair, Sami Yazdi and Nuzhat Sadiq will join the panel of chairs.

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Replying to a question in the Senate, Federal Minister for Industries and Production Hamad Azhar said that there was no deduction from NNFC. The federation has no right to deduct provinces from the award. The question of deduction of Rs.154 billion is not only an option but also a deduction.

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Chairman Senate Sadiq Sanjarani said, why did people not come from Economic Division? Write to them that, when the meeting takes place, the responsible officers are present.

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Trade Adviser Abdul Razzaq Dawood said that our exports have started to increase. In January 2019, exports increased by 14%. Exports declined somewhat during the Corona outbreak, while our exports in the IT sector increased by 40% meanwhile, growth continues in other sectors besides IT.

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From 2018 to 2020, internal loans of Rs.4.5 trillion were taken from financial institutions. 1.8 trillion was borrowed from scheduled banks and Rs.3.6 trillion from SBP. Over the past two years, the government has borrowed 5 billion from international financial institutions. During the last two years, internal loans of Rs.19.9 trillion were repaid.

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