Adviser to Prime Minister for Commerce and Investment, Abdul Razak Dawood on Thursday informed that start-ups have shown stellar performance during 2021 by raising investments worth USD$ 366 million.
“I accompanied a group of young start-ups for a meeting with the Prime Minister Imran Khan, where they had a very fruitful interactive session with the Prime Minister”, the Adviser said this on his official twitter account.
The Adviser said that issues relating to creation of an environment to accelerate their growth were discussed in the meeting. “We will soon organize a meeting of another group of Start-ups in this regard” he said.
The Ministry of Commerce conducts periodic analysis of degree of diversification by comparing exports during the current Financial Year (FY) with exports during preceding years, he informed.
According to the analysis for July-December 2021, the MoC would like to share that in terms of Product diversification, Pakistan’s exports of “Non-Traditional Products” increased by 81 percent/$ 1.4 billion in our traditional markets and by 100 percent/$ 491 million in the non-traditional market as compared to same period in FY 2017-18.—APP
